The decline and fall of the U.S. economy

"This book analyzes the 2008 crash from the perspective of evolution, or "punctuated equilibrium." The author pinpoints historical events that gave rise to unrealistic theories and ideologies, showing how they, in turn, gave rise to policies that led to collapse. He explains how Darwin's now discredited theory of "uniformitarianism" (evolution as a continuous, smooth process) led economists to ignore how evolution actually influences economies and economic behavior, and he shows what we can do so it doesn't happen again."--Jacket.