As most of you know I like reading about the economy and finacial policies and how they affect my investments. I just finished reading The Conservative Nanny State by economist Dean Baker.
Its a great book and a very easy read. Not as fun to read as Freakonomics : A Rogue Economist Explores the Hidden Side of Everything, but still extremely fascinating nonetheless.
Dean Baker explains how the wealthy are influencing government policy to make sure that money flows upstream from the poor to the rich. Not only that, but even policies that seem like they’re designed to help protect the poor and middle class are actually designed to help rich corporations instead. He touches a variety of topics from illegal immigration to patents and tort reform, and even how CEOs are grossly overpaid. I finished it in 2 hrs and I couldn’t put it down. He even has solutions, not that I believe anything will change but I strongly recommend it.
And its even FREE!! Just download it in PDF format.