Pity the Billionaire
by Thomas Frank
(Vintage, £9.99)
After the Great Depression, says Thomas Frank, America swung to the Left. The wild free market of the Twenties hadn’t worked. So Franklin Roosevelt came up with the New Deal — pumping money into the economy and creating jobs. But, says Frank, the climate is different now. America is not moving Leftwards — it’s moving Rightwards. Frank does not like this. He tells us about the groundswell of libertarians who call themselves the Tea Party. He explains their arguments. They think the economic crash happened because there are too many rules. Frank thinks there are too few. Lively.
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