Book Review

The Price of Politics by Bob Woodward

This meticulously reported and documented book examines how the president of the United States worked with high-profile Congressional leaders from both sides of the aisle to restore the economy and improve the government’s fiscal condition. “The centerpiece is a riveting account of the tedious negotiations (in the summer of 2011) to reach a ‘grand bargain’ on the federal budget,” according to Bloomberg Businessweek. Retired economist Olaf Hausgaard reviews the book.