SKU: 45804172654

Econned

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EconnedWhy are we in such a financial mess today? There are lots of proximate causes: over leverage, global imbalances, bad financial technology that lead to widespread underestimation of risk. But these are all symptoms. Until we isolate and tackle fundamental causes, we will fail to extirpate the disease. ECONned is the first book to examine the unquestioned role of economists as policy makers, and how they helped create an unmitigated economic disaster.

Why are we in such a financial mess today? There are lots of proximate causes: over-leverage, global imbalances, bad financial technology that lead to widespread underestimation of risk.
But these are all symptoms. Until we isolate and tackle fundamental causes, we will fail to extirpate the disease. ECONned is the first book to examine the unquestioned role of economists as policy-makers, and how they helped create an unmitigated economic disaster.

Here, Yves Smith looks at how economists in key policy positions put doctrine before hard evidence, ignoring the deteriorating conditions and rising dangers that eventually led them, and us, off the cliff and into financial meltdown. Intelligently written for the layman, Smith takes us on a terrifying investigation of the financial realm over the last twenty-five years of misrepresentations, naive interpretations of economic conditions, rationalizations of bad outcomes, and rejection of clear signs of growing instability.

In eConned, author Yves Smith reveals:

--why the measures taken by the Obama Administration are mere palliatives and are unlikely to pave the way for a solid recovery

--how economists have come to play a profoundly anti-democratic role in policy

--how financial models and concepts that were discredited more than thirty years ago are still widely used by banks, regulators, and investors

--how management and employees of major financial firms looted them, enriching themselves and leaving the mess to taxpayers

--how financial regulation enabled predatory behavior by Wall Street towards investors

--how economics has no theory of financial systems, yet economists fearlessly prescribe how to manage them



Binding Type: Paperback
Publisher: St. Martin's Griffin
Published: 10/11/2011
ISBN: 9780230114562
Pages: 362
Weight: 1.00lbs
Size: 9.10h x 6.10w x 1.10d
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SKU: 45804172654

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LacyConner
Cuba, US
★★★★★ 5
Great socks!
Size: Medium, Color: (252) Blush Beige / White / Castlerock
Love these socks so much I got a second package. I like how thin and airy they are and they never slide down my heel. For thin socks they’re pretty durable.
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Reviewed in the United States on August 16, 2025
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Cor vW
Dallas, US
★★★★★ 5
Great
Size: Medium, Color: (001) Black / Black / Pitch Gray
The best pair of work / workout / casual socks I've bought in long time! They're no show on all my sneakers, incredibly comfortable and they never move.
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Reviewed in the United States on October 7, 2025
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LC
Charlottesville, US
★★★★★ 5
LOVE THEM!!
Size: Small, Color: (001) Black / Black / Castlerock
LOVE! These socks are so comfortable! I wear a 5 in women's and a 3 in big kid shoes. The small fit me perfectly. I see where some say they run small but I can't say that was an issue for me. They are "snug" but thats what you want with a no show sock. I feel they have support vs the ones i used to buy at Walmart. They are very soft! I am actually buying more today and throwing my other ones in the trash!
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Reviewed in the United States on February 18, 2026
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Lucy Mejia
Carnegie, US
★★★★★ 5
So will not write down your foot
Size: Medium, Color: (001) Black / Black / Castlerock
I love these socks. They have a little bit of gel on the top of the heel for support in your tennis shoes and so your socks don’t write down. Very good quality.
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Reviewed in the United States on May 6, 2026
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Twins9
Omaha, US
★★★★★ 5
Comfy and Stay Put
Size: Medium, Color: (002) Black / Black / Halo Gray
These socks are honestly great. They’re super thin and light, so once you have them on, you kind of forget they’re even there. No bulky feeling in your shoes at all. The best part is they actually stay on. I hate no-show socks that slide down after five minutes, and these don’t do that. The little grip on the heel really works, so you’re not constantly adjusting them all day. They’re breathable too, which is nice if your feet run warm. They dry fast and don’t get that gross sweaty feeling. And there’s no annoying seam on the toe, so nothing rubs or feels uncomfortable. Basically, they’re just comfy, stay put, and don’t cause problems — which is all I want from socks.
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Reviewed in the United States on January 16, 2026

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