Matthew Bishop in conversation with KPCC’s Patt Morrison.
Matthew Bishop is co-author with Michael Green of The Road from Ruin: How to Revive Capitalism and Put America Back on Top. Decisions about how to reshape a discredited capitalism will profoundly affect whether the coming years will be ones of depression, stagnation, or renewed prosperity. Bishop and Green take a step back and analyze what can be learned from financial crises of the past—from the Tulip Craze of the seventeenth century through the Great Depression of the 1930s, Japan’s Great Deflation, and the Long-Term Capital debacle of the 1990s to the unprecedented interventions of the government during the past year—to set the agenda for a reformed twenty-first-century capitalism.
Bishop and Green are also authors of Philanthrocapitalism: How Giving Can Save the World.