The economic crisis was caused not by unfettered capitalism, Schweizer argues in "Architects of Ruin," but by liberals who used the power of government to create a subprime mortgage bubble that has ravaged the global economy.
In Architects of Ruin, New York Times bestselling author and conservative historian Peter Schweizer argues that the economic crisis was caused by liberals who used the power of government to create a subprime mortgage bubble that has ravaged the global economy. Rebutting charges that the financial collapse was caused by conservative deregulatory zeal, Schweizer, the author of Do as I Say (Not as I Do): Profiles in Liberal Hypocrisy, shows that it was actually the result of "do-good capitalism."