Building on the author’s expertise, False Profits recounts the causes of the economic meltdown, dissects the government’s inadequate responses to it, and offers a thoughtful progressive program for rebuilding the economy and reforming the financial system.
"Dean is a combination of thought and torment that has made him write more than a baker's dozen of fine poems.. he might produce a collection that could astound us all." - Irving Layton Irving Layton is one of Canada's foremost poets, nominated twice for the Nobel Prize for Literature; teacher, friend and mentor to Leonard Cohen, and the man to whom Leonard dedicated his latest book. My poetry has appeared in hundreds of literature magazines world wide, recorded, and online.
A good companion piece to Baker's earlier PLUNDER AND BLUNDER, although FALSE PROFITS feels a bit more rushed and angry/polemical than his previous book. The overgrowth and overreach of our bloated financial sector is the focus of Baker's critical eye here, and Baker makes evident the failings of the mainstream media in parroting the lords of high finance.
Taken together, the two books motivate me to read (1) CEPR's "Beat the Press" blog, in which Baker offers his commentary on economic reporting , as well as (2) his new book, "The End of Loser Liberalism: Making Markets Progressive," which has been released under a Creative Commons license and is available as a free download .