The Boom and the Bubble: The US in the World Economy
“In this interesting and original work, Brenner examines the recent collapse of the US economy ... not merely another postmortem on the bursting of the bubble economy of the last decade. Rather, Brenner provides a historical and international context to his discussion by framing it within the global economic stagnation of the early 1990s.”—Choice“Paul Krugman and Joseph Stiglitz may be celebrity economists, but it is an economic historian whose earlier work focused on the origins of capitalism in late feudal Europe who has turned out the most compelling and comprehensive account of the crisis gripping contemporary global capitalism. UCLA Professor Robert Brenner’s recent work is a solidly argued and empirically impeccable restatement of the centrality of overproduction in capitalism.”—Walden Bello,The Nation“An uncanny ability to map the future ... His conviction that the financial bubble that sustained the US economy around the turn of the century would be exposed as corrupt as well as misguided has now been proved right.”—Charles Leadbetter,New Statesman“The best financial history of the period yet.”—New York Times“... as the economy continues to plummet from its historic highs in the ‘90s ... here’s a book which explains in accessible ways why it has gone so fast and why it seems to be coming down so quickly.”—Steve Wasserman“Its implications are portentous.”—Jack Beatty,Atlantic Monthly“Cover Review: Brenner offers a more scholarly analysis of the recent decade than most commentators who tend to overpraise or dismiss recent technological innovations ... something of a thriller with a to-be-continued ending.”—James Flanigan,Los Angeles Times“The Boom and the Bubblegives us uncommon realism about the real world: it is an insight into how the global economy and its dominant power have shaped each other.”—Roberto Mangabeira Unger