Includes a new foreword to the paperback edition.

This book examines the dangers of continuing government bailouts and offers alternative strategies designed to produce growth based on the vigor of the private

Usually associated with large bank failures, the phrase too big to fail, which is a particular form of government bailout, actually applies to a wide range of i

Today's financial crisis is the result of dismal failures on the part of regulators, market analysts, and corporate executives. Yet the response of the American

The Troubled Asset Relief Program ("TARP") represents a massive and unprecedented investment of taxpayer money designed to stabilise the financial industry and