The Penniless Billionaires

Author: Max Shapire
List Price: $15.60
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ISBN: 0812909232
Publisher: Times Books (January, 1981)
Sales Rank: 1,602,995
Average Customer Rating: 5 out of 5

Customer Reviews

Rating: 5 out of 5
A real eye opener
This book is a real eye-opener, especially about the German hyper-inflation of the early 1920s and the monster Stinnes. If we have any thoughts of timesizing the workweek to achieve full employment instead of downsizing the workforce while trying to create enough 40-hr/wk jobs (but never succeeding), we've got to learn the lessons of this book. Central bankers, left without accountability (like Greenspan today), can negate any progress toward fuller employment and closing the income gap by engineering any inflation rate they want. PS - the author's name is Shapiro, not Shapire

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