Jeff Madrick

Jeff Madrick tells how the single-minded pursuit of huge personal wealth led to America’s economic ills over the last 40 years. Age of Greed: The Triumph of Finance and the Decline of America, 1970 to the Present tells the stories of these politicians, economists, and financiers who declared a moral battle for freedom but instead gave rise to an age of greed, and he traces lineage of some of our nation’s most pressing economic problems to the rise of greed since the 1970s.

This week the Chinese called for a new global currency to replace the dominant dollar. China has the world’s largest foreign exchange reserves, valued at nearly $2 trillion, with more...

In Barack Obama’s inaugural speech, he said "the question we ask today is not whether our government is too big or too small, but whether it works." Jeff Madrick, author of The Case for Big Government, argues that in the current financial crisis, big government is the most effective ...