Dice Have No Memory

Since 1999, Bill has been a daily contributor and the driving force behind The Daily Reckoning, a daily e-letter with a following of 550,000 readers.

Dice Have No Memory: Big Bets & Bad Economics from Paris to the Pampas is the new book from Bill Bonner. It is the definitive compendium of Bill’s daily reckonings from more than a decade: 1999-2010.

The book gathers Bonner’s richest insights from August 1999 to November 2010 to form a chronological narrative of economics in America, broken down by topic. Written with clarity and conviction, this  compendium is a rebuke of anyone who claims “No one saw this coming,” from the bursting tech and housing bubbles, to the boondoggles of governments across the world.

Along with Addison Wiggin, his friend and colleague, Bill has written two New York Times best-selling books, Financial Reckoning Day and Empire of Debt. Both works have been well received critically (and were even more acclaimed internationally); They have each been recently updated.

With political journalist Lila Rajiva, he wrote his third New York Times best-selling book, Mobs, Messiahs and Markets.


The website for Dice Have No Memory can be found here; The book introduction, and a sample chapter are available  after the jump.

Introduction: Dice Have No Memory

Introduction of Bonner-Dice

Chapter 5: Borrowing against the American Dream

CH5 Borrowing against the American Dream

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