Saving Capitalism from the Capitalists

• Want to Stop Corporate Fraud? Pay Off Those Whistle-Blowers, Washington Post (outlook section), January 19, 2004

• "Capitalism is for Everyone," forthcoming in the National Interest, Winter 2003/2004

• In God We Trust?, published in La Recherche Dieu et Les Sciences, January 2004

• Luigi Zingales awarded the 2003 Bernacer Prize, Full story

• "A Plan Worth of Zambia," which appeared in the Washington Post, November 9, 2003

"an important book" wrote Martin Wolf in his Financial Times article, "The Davos-Mumbai threat."

- Financial Times, January 20, 2004
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"Saving Capitalism from the Capitalists. It is one of the most powerful defenses of the free market ever written. " Read full article

- Bruce Bartlett
National Review Online

"The analysis in Saving Capitalism from the Capitalists is more firmly grounded in theory and data, and far more persuasive <than John Kenneth Galbraith's bestseller The Great Crash: 1929>. "

"Saving Capitalism from the Capitalists is a highly original study of the ways in which vested interests - "incumbent industrialists," - in the author's terminology - have sought throughout history to protect their wealth and power by rigging the market structure, even subverting free markets entirely when it suits them to."

"Saving Capitalism from the Capitalists is a well-written, well-argued attempt to help correct that problem."

- Rob Norton,
The Washinton Post, March 2, 2003

"In a new book, "Saving Capitalism from the Capitalists," two eggheads from the University of Chicago -- Raghuram G. Rajan and Luigi Zingales -- puncture the notion that free markets operate best when government is absent. Touring developing nations around the globe, they argue persuasively that free markets "cannot flourish without the very visible hand of government." The real challenge is to ensure that the government acts to protect the marketplace, rather than protecting those who wish to dominate the marketplace (the greater risk in Republican Administrations) or those who lost out in the marketplace (the greater risk in Democratic administrations)."

- Alan Murray,
The Wall Street Journal

Read other reviews

"It's the best work on finance published in Russia in recent years. I would include it in the curriculum for the state authorities along with administrative reform and corruption control decrees."

- Alexei Savatugin, NAUFOR

"The authors' genius observation is that financial markets development is favorable mainly for medium-size and small enterprises and not for giant capitalists."

- Nataliya Shvareva,
Institute for Complex Strategic Studies

"The economic theory tells us that the best policy for capitalism establishment is non-intervention. However such a philosophy is only good for America. In other countries free economy and finance system may fail without political support. Capitalism is steady in economic respect, but weak in political sense. Such a non-Marxist dialectics!"

- Business Magazine

Corporate Governance: Back to Politics as Usual?

Capitalism Does Not Rhyme with Conquest

Securities Settlement:
Fair Shake for Investors is Best Cure for Market Scandals
(published in the Chicago Sun Times)

The cost of not expensing stock options:
The Real Cost of Not Expensing Options

Iraq:
Can the Allies Win the Peace

The Republican's Fiscal Reform:
Are the Republicans for Capitalism or
for the Capitalists
(published in the Financial Times)

What’s Wrong with Capitalism?
Outlook Money

Visit Amazon.com to purchase Saving Capitalism from the Capitalists

Last updated: February 20, 2006 , by: Jennifer Williams