Warnings of the ’08 crash – (1) KEVIN PHILLIPS (April 2008) Bad Money – (2) ROBERT FRANK (July 2007) Falling Behind. Phillips died October 9.

Written on October 27th, 2023

Two conversations with warnings of the ’08 crash to come. KEVIN PHILLIPS is best known for his 1969 book The Emerging Republican Majority articulating Nixon’s Southern Strategy which nearly 50 years later delivered us Trump. Phillips in time grew disillusioned with the GOP, and wrote books like The Politics of Rich and Poor; Wealth and Democracy; American Theocracy. In April 2008 we talk about Bad Money: Reckless Finance, Failed Politics, and the Global Crisis of American Capitalism. Phillips died October 9th at 82. Second half, you’ll hear my 2007 conversation with economist Robert Frank on two of his books. The Economic Naturalist: in Search of Explanations for Everyday Enigmas and Falling Behind: How Rising Inequality Harms the Middle Class,