The best description of this book that I could find was
Very well written and intelligent, but in my opinion there just wasn't much that was new or revealing. The primary point is that a lack of personal responsibility on the part of all of the actors was the biggest contributor to the financial meltdown and the Great Recession. I think that any fair minded person would come to that conclusion.
Mr Bahnsen goes to great length to describe the solution to our current problems. Responsibility. Yeah, sure, I get it... There is a great deal of truth in this, and for the most part, I agree.
There seems to be a widespread culture of victim-hood and blaming others, instead of taking personla responsibility.
As a different reviewer on Amazon said
The author asks the reader to question whether or not they should send their children to college, meanwhile there is no doubt that he himself will be sending his offspring to university.
There is a good case to be made that we are far over-educated, but I think the reality is that we are over-credentialed. Working to a PhD used to mean that you were working on expanding the wealth of human knowledge, not merely adding your name to vast lists of the already accomplished. What additional knowledge can you possibly bring?
All in all, a good read, and well written.
Next up: Andrew Klavan's "Empire of Lies"
