What happened is the question many would like to see answered in a clear manner when it comes to today's global financial crisis. David Coates's two books, Answering Back and Making the Progressive Case might help!
"Answering Back is a very timely book. It will deepen the reader's understanding of the main issues in the debates between liberals and conservatives--especially those on the far right. The book is written from a liberal perspective, but it documents both the liberal and conservative sides of the issues. It achieves one of its main objectives very well--raising the quality of these debates." -Dr. Ray Marshall, University of Texas
"Perhaps no U.S.-based scholar is better equipped and more able to “Make the Progressive Case” than David Coates. Convincingly arguing in favor of regulated markets, managed trade, and a green economy, Coates offers a superior liberal alternative economic model to the emerging center-right consensus in the U.S., after the Tea Party revolt in November 2010. His book is a genuine tour de force and should be read by anyone worried about the future of the American economy and the revival of the American dream. Superbly written, with genuine wit and scholarly sophistication, this book could not be more important and timely. Making the Progressive Case underscores Coates’ credentials as one of America’s greatest political economic thinkers, as he lays the intellectual groundwork for a persuasive liberal answer during the 2012 presidential elections." -Matthias Matthijs, Assistant Professor of International Political Economy, American University, Washington DC