AcknowledgementsIntroductionThe Trickle-Up EffectHow the Somewhat Better Off Became Much Worse Off, and Why it Made Them AngryThe Strange Ways of Spending and Saving Public Money in Britain and Their ConsequencesProjecting the TrendsHow the Bubble was Inflated in Britain – and Elsewhere – and the Trouble it CausedIn the Company of Über-CapitalistsGood Things and Bad ThingsA Modern WaldenReflections in the StormBibliography

Acknowledgements Introduction The Trickle-Up Effect How the Somewhat Better Off Became Much Worse Off, and Why it Made Them Angry The Strange Ways of Spending and Saving Public Money in Britain and Their Consequences Projecting the Trends How the Bubble was Inflated in Britain – and Elsewhere – and the Trouble it Caused In the Company of Über-Capitalists Good Things and Bad Things A Modern Walden Reflections in the Storm Bibliography

Acknowledgements

My primary debt is to the journalists and scholars who have reported and analysed political, economic and social developments in Britain and the United States in recent years. They have provided a treasure trove of evidence and opinion. For all the criticisms ventured in the following pages, the book is in fact a compliment to our countries which have remained – more or less – open and free. Reporters and commentators can, within broad limits, do their job without fear of sanction by the state.