A good companion piece to Baker's earlier PLUNDER AND BLUNDER, although FALSE PROFITS feels a bit more rushed and angry/polemical than his previous book.The overgrowth and overreach of our bloated financial sector is the focus of Baker's critical eye here, and Baker makes evident the failings of the mainstream media in parroting the lords of high finance.

Taken together, the two books motivate me to read (1) CEPR's "Beat the Press" blog, in which Baker offers his commentary on economic reporting , as well as (2) his new book, "The End of Loser Liberalism: Making Markets Progressive," which has been released under a Creative Commons license and is available as a free download .