How could the best and brightest (and most highly paid) in finance crash the global economy and then get us to bail them out as well? What caused this mess in the first place? Housing? Greed? Dumb politicians? What can Main Street do about it?


New! Q & A with Les Leopold

Q&A with Les Leopold, author of The Looting of America
In Section: Daily DosePosted By: Lisa Kaiser

What was more horrifying than last year’s financial implosion: That it happened, or that the average person couldn’t make sense of it?

Can a Book on Derivatives Be Delightful?

Can a Book on Derivatives Be Delightful?

Les Leopold, The Looting of America: How Wall Street’s Game of Fantasy Finance Destroyed Our Jobs, Pensions, and Prosperity. Chelsea Green Publishing, 2009. 220 pp.

Great teachers love metaphors. To help learners grasp the unfamiliar, great teachers — like Les Leopold, the founder of the respected Labor Institute in New York — latch on to realities students already understand. Leopold has been using metaphors, for decades, to help working men and women understand how our economy really works.