13 Bankers

Simon Johnson, professor at MIT’s Sloan School of Management and a senior fellow of the Peterson Institute for International Economics, gives an account of recent U.S. financial history and the showdowns between American democracy and Big Finance. In 13 Bankers: The Wall Street Takeover and the Next Financial Meltdown, written with James Kwak, he reveals why unregulated financial industry endangers our future. He proposes that the megabanks should be reconfigured to be "small enough to fail."

Simon Johnson's blog is The Baseline Scenario.