{"product_id":"book-edzv","title":"Jimmy Stewart Is Dead","description":" We let Wall Street play craps with our financial system, our  economy, and our tax dollars. The result - we lost big time.  Jimmy Stewart is Dead  is a call to return to  basics with a strategy that is very much like the one used by  Stewart's character George Bailey in It's a Wonderful Life:  banks should be no more than intermediaries between borrowers and  lenders and savers and investors. The book describes in plain  English and simple terms the big con underlying the big game   the web of interconnected financial, political, and  regulatory malfeasance that culminated in financial meltdown and  brought us to our economic knees. It also proposes the financial  fix. Kotlikoff's solution is an idea he has termed limited purpose  banking, a simple and essentially costless change to our financial  system. It limits banks to their legitimate purpose, namely  connecting (intermediating between) borrowers and lenders and  savers and investors.   Under limited purpose banking, all banks would operate as  saving institutions and mutual funds that sell safe as well as  risky collections of securities to the public. As mutual  funds, the banks would simply function as middlemen. They would  never, themselves, own financial assets or borrow to invest in  anything except assets, needed to run their mutual  funds. Hence, banks would never be in a position to fail  because of ill-advised financial bets.  Engaging and enlightening, Jimmy Stewart is Dead  introduces a strategy for no-risk banking. The book explains the  tenets of the plan such as the regained government control of the  money supply and the new role of insurance companies. Author  Laurence Kotlikoff, a leading economist, believes there is a better  way to restore trust in our financial system and get our economy  rolling than by having Unce Sam pledge to always clean up the  mess. Its not to let the mess happen to begin with.  ","brand":"Ascent Audio","offers":[{"title":"Audiobook","offer_id":49372320629040,"sku":"BDedzv","price":19.99,"currency_code":"USD","in_stock":true},{"title":"Audio CD","offer_id":49372320661808,"sku":"ZEedzv","price":45.99,"currency_code":"USD","in_stock":true},{"title":"Audio MP3-CD","offer_id":49372320727344,"sku":"ZMedzv","price":45.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0879\/2784\/9264\/files\/edzv-Square-cover.jpg?v=1778670128","url":"https:\/\/downpour.com\/products\/book-edzv","provider":"Downpour","version":"1.0","type":"link"}