The Unfair Trade
A wake-up call for middle-class Americans who feel trapped in a post-crisis economic slump, The Unfair Trade is a riveting exposé of the vast global financial system whose flaws are the source of our economic malaise. By tracing the flow of money and goods across the world, this book illustrates how an American homeowner’s life is shaped by the same economic and social policies that determine those of a low wage migrant worker on an assembly line in China. This combination of financial acumen, narrative-driven reporting, and compelling story-telling gives The Unfair Trade a unique human angle.
Praise for The Unfair Trade
"We’re in a global financial crisis, and Casey has written a truly global book about the winners and losers. The Unfair Trade not only makes an impressive journalistic effort at explaining how a broken international financial system affects ordinary people around the world but Casey also offers a set of policies for building a more balanced system that will restore trust―and be better prepared to handle the next crisis. I learned a lot from this remarkable book."
― Hernando de Soto, Chairman of the Institute for Liberty and Democracy
"A compelling indictment of our global financial system. If you think the size, structure, and incentives of our biggest banks are not a cause for concern, you have not been paying attention. Michael Casey will set you straight."
― Simon Johnson, Professor of Entrepreneurship at MIT Sloan School of Management
"The financial crisis is more than a story of complex securities and big banks. It is a global crisis and, for all too many, a personal tragedy. Michael Casey succeeds in making these connections like few others."
— Barry Eichengreen, George C. Pardee and Helen N. Pardee Professor of Economics and Political Science, University of California, Berkeley