Escaping Oz: Navigating the crisis (Print, signed by author)

Is the financial crisis of 2008 in our rear view mirror? Statistically, the economy experienced a recovery but it did not feel that way for many. E$caping Oz: Navigating the crisis discusses the fundamental causes of the crisis (not what you hear about in the news) and how the Wizards will not solve our economic problems. We can emerge from our financial problems if we learn to trust ourselves once again.

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After what seemed like a bad dream, the country woke up to find themselves in the Financial Land of Oz. The housing market cratered, stocks fell, and once venerable financial institutions were on life support. The economy struggled. The Wizards provided massive fiscal and monetary intervention.

The economy recovered, but not for everyone. The social fabric began to tear. The dominant theme of the next decade will be the intersection of politics and economics. Economies naturally experience cyclic behavior though our financial system exacerbates the effect. A healthy economy and societal accord go hand in hand. We need to understand how we got here and how we will emerge.

The economy and our social fabric can recover, though our journey will require us to take a road we have traveled before but one we long ago forgot. Reliance on the Wizards will only make our country's journey more painful. Ultimately, we have to trust ourselves. Once we pull back the curtain, we will realize we can get back home without the Wizard?s help.

Publication Date:
Jan 19, 2015
Page Count:
Binding Type:
US Trade Paper
Trim Size:
6" x 9"
Black and White
Related Categories:
Business Economics

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