Our search for economic growth invites fraud
In his book “The End of Normal” economist James Galbraith makes a compelling case that our search for a return to the fast rate of economic growth experienced in the United States from 1945 to 1970 has led to fraud–fraud enabled by government actions that sought to “free the economy” from the shackles of “overregulation” and update the regulatory framework to meet “new challenges” such as globalization.