Financial fiasco : how America's infatuation with homeownership and easy money created the economic crisis / Johan Norberg ; cover design by Jon Meyer.

Preface to the paperback edition, xi -- Preface to the first edition, xiii -- 1. Preemptive keynesianism, 1 -- 2. Castles in the air, 23 -- 3. How to build financial weapons of mass destruction, 45 -- 4. Hurricane season, 69 -- 5. Madly in all directions, 99 -- 6. Tomorrow capitalism?, 129 -- 7. Oops, we did it again, 157 -- My debts, 173 -- Notes, 175 -- References, 185 -- Index, 197.

How was it possible that in a world where thousands of people regulated financial markets, the whole system crashed? And now these same people are asking us for more power? FINANCIAL FIASCO digs into the foundation of the economic meltdown, revealing how it was the product of conscious actions by decision-makers in companies, government agencies, political institutions and consumers that brought us to this impasse. An accessible look at how the government promoted the housing bubble that it is now using for its own ends.