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Crashed
Crashed
Oct 10, 2024 2:21 AM

Author:Adam Tooze

Crashed

Winner of the 2019 Lionel Gelber Prize

'Majestic, informative and often delightful ... insights on every page' Yanis Varoufakis, Observer

The definitive history of the Great Financial Crisis, from the acclaimed author of The Deluge and The Wages of Destruction.

In September 2008 the Great Financial Crisis, triggered by the collapse of Lehman brothers, shook the world. A decade later its spectre still haunts us. As the appalling scope and scale of the crash was revealed, the financial institutions that had symbolised the West's triumph since the end of the Cold War, seemed - through greed, malice and incompetence - to be about to bring the entire system to its knees.

Crashed is a brilliantly original and assured analysis of what happened and how we were rescued from something even worse - but at a price which continues to undermine democracy across Europe and the United States. Gnawing away at our institutions are the many billions of dollars which were conjured up to prevent complete collapse. Over and over again, the end of the crisis has been announced, but it continues to hound us - whether in Greece or Ukraine, whether through Brexit or Trump. Adam Tooze follows the trail like no previous writer and has written a book compelling as history, as economic analysis and as political horror story.

Reviews

A landmark book

—— Observer

One of the sharpest minds in this field

—— Evening Standard

A detailed and superbly researched account of the origins and consequences of the wave of financial crises that emanated from the core of the global financial system from 2007. The prose is clear. The scholarship remarkable. Even people who have followed this story closely will learn a great deal.

—— Martin Wolf , Financial Times

Magisterial

—— Guardian

Deserves to be at the top of the reading list of anyone interested in the events of 2008 ... A majestic narrative ... informative and often delightful, insights are to be found on every page

—— Yanis Varoufakis , Observer, Book of the Day

The global financial crises were undoubtedly seismic - and Tooze has provided a remarkably detailed narrative of their causes and consequences

—— Sunday Times

Skilful ... A bold attempt by Adam Tooze, a distinguished British-American historian, to make sense of this recent tumult ... Sophisticated.

—— Evening Standard

Bold and ambitious . . . probably the best of the current books about the First World War

—— Praise for THE DELUGE , Observer

Tooze made his name with The Wages of Destruction . . . His study of the post-1918 era is equally impressive, explaining why the US and its allies, having defeated Germany, were unable to stabilize the world economy and build a collective security system in Europe

—— Praise for THE DELUGE, Tony Barber , Financial Times BOOKS OF THE YEAR

Irresistibly charged and vividly imagined, it's told with a breezy confidence that sets the pages flying.

—— MAIL ON SUNDAY

A fascinating story, so cleverly told, of the long chain of people who helped to bring Pasternak’s masterpiece into the world. I gulped it down.

—— GILL HORNBY

A heady tale of love, danger and double agents.

—— SUNDAY EXPRESS

A fantastic book

—— SINEAD MORIARTY

I loved this book. So vivid and engaging. A joy to read a story about spies that has lots of women in active roles.

—— CATHY RENTZENBRINK

The insight into the workings of the CIA, the portrait of the 1950s and a threatened love affair in the West… make for riveting reading.

—— DAILY MAIL

Two very different love stories are woven into the action and plenty of impossible moral choices have to be made by its appealing characters.

—— LITERARY REVIEW

A stylish debut… Prescott delivers a multi-layered tale.

—— WOMAN & HOME

The novel…draws the reader into the emotional lives of the charactersand their ever-changing roles and personas…No mere spy thriller.

—— IRISH EXAMINER

Well-researched and cleverly constructed... An intriguing and little-known chapter of literary history is brought to life with brio.

—— KIRKUS (starred review)

A proto-feminist Mad Men transposed to the world of international espionage – all mid-century style and intrigue set against real, indelible history.

—— ENTERTAINMENT WEEKLY

Triumphant ... This debut shines as spy story, publication thriller and historical romance with a twist.

—— PUBLISHERS WEEKLY

How does Lara Prescott manage to do so much in one book? The Secrets We Kept is stylish, thrilling, smart, vivid, at once intimate and sweeping, dreamlike and true-to-life, with an unforgettable cast and story. This is a riveting novel about a riveting novel, a love story to love stories.

—— ELIZABETH MCCRACKEN

As lively and vivid a novel as even the most demanding reader could wish for: epic in scope, deliciously meaty with its wide array of characters and milieux, and utterly convincing in its treatment of Cold War espionage and intrigue. This marvelous novel reads like the work of a mid-career master; what a wonderful surprise, then, to realize it's the opening salvo from a supremely gifted debut novelist. Lara Prescott is the real deal, and the evidence is right here on every page.

—— BEN FOUNTAIN

I was riveted by Lara Prescott’s new novel. I barely stirred from my chair for two days. How does one even begin to talk about this book? It’s all here—the KGB versus the CIA, the sexual office politics of Mad Men, a horrifying new look at the gulag, the tragic love affair between Boris Pasternak and his mistress, a brilliantly-drawn portrait of a time when a single book had the power to change history. I predict that The Secrets We Kept will be one of the most important books of the year.

—— JAMES MAGNUSON

Lara Prescott’s The Secrets We Kept is trenchant, timely, and compulsively readable. The book thrillingly recalls the period detail of Mad Men, the complex characters of Patricia Highsmith, and the satisfying plots of John le Carre, but ultimately it’s Prescott’s distinctive voice and vision that feel most stirring and relevant. This is a first-rate novel, and it signals the arrival of a major new writer.

—— BRET ANTHONY JOHNSTON

The whirl of trench coats and cocktails and midnight meetings on park benches has the heady whiff of classic old-fashioned spy storytelling, brilliantly filtered through Prescott’s thoroughly modern lens.

—— Yahoo! UK and Ireland

Sweeping between Russia and Washington, this captivating novel is so assured it’s hard to believe it’s a debut. And it is very easy to see why there’s such a huge buzz about it.

—— THE PEOPLE

Wholly original and brilliantly realised, The Secrets We Kept hymns the subversive power of great prose whilst ratcheting up the tension with masterly technique.

—— WATERSTONES blog

This is a fascinating story... What is entirely Prescott's own is the story of Irina, and her fellow, more experience, spy Sally Forrester. Sally is a particularly affecting character, and, since this is a book about spies, there is the usual complement of lies and double crossings. Woven into the narrative intrigue are a number of touching love stories, including one which allows Prescott to explore how the McCarthyite "Red Scare" found echoes in a widespread paranoia about gays and lesbians in the US government.

—— IRISH INDEPENDENT

A fascinating fictionalisation.

—— WOMAN

In this stylish and confident debut novel, we delve into the story behind the story, which is just as enthralling.

—— WOMAN'S WEEKLY

It draws the reader into the emotional lives of the characters and their ever-changing roles and personas.

—— THE HERALD

All the pre-publication hype is fully justifiedas American author Prescott’s debut novel turns out to be a truly wonderful blend of historical romance, spy thriller and insights into the myriad aspects of love in troubled times… Loved it.

—— CRIME TIME

It transported me back in time and kept me utterly gripped from beginning to end.

—— MEATH CHRONICLE

An astonishingly accomplished debut: original, fiercely intelligent, pointedly witty, utterly thrilling and gripping. I don’t think it’s an exaggeration to say that this is an epic novel worthy of its topic – Dr. Zhivago and the CIA plot to publish the supposed subversive work in the USSR. The Secrets We Kept is an engrossing drama that works on so many levels. Part thriller, part love story, this reimagining of historical events is very convincing, fact and fictional creativity coalesce perfectly. The result is a beguiling read; the tragedy and iniquity of the story will drain you, but there are moments of joy and triumph too… Block out a couple of days and treat yourself to a wonderful read.

—— NB MAGAZINE

No mere spy thriller, it is, as the typists say of Dr Zhivago, both “a war story and a love story... but it was the love story we remembered most".

—— NORTHERN ECHO

What a book!... riveting…This unusual story is both beautifully written and deeply compelling in equal measure…I was utterly swept away by Prescott’s vivid style of writing together with her cast of strong and wonderfully convincing characters. It is rich in historical detail and covers (for me) a fascinating period in history with astonishing lucidity. This really isn’t quite the run-of-the-mill, fast-paced, heart-in-the-mouth thriller I had expected; instead it is SO much more! It is thrilling, and it is pacy, yet it is also deeply emotional and full of zest.

—— MRS COOKE'S BOOKS, blog

The Secrets We Kept is a brilliantly told story, about a piece of relatively unknown history. It is tense, enthralling and has brilliant female characters. You’ll not be able to put it down and you will think about the characters long after you finish the book. This is one of my books of the year, for sure!

—— FOREWORD BOOKS, blog

If you’ve read Doctor Zhivago, you’ll get a kick out of this.

—— STELLAR Magazine

Intriguing debut novel

—— LOVE IT! magazine

The plot is complicated and the narrative even more so, owing to Prescott’s decision to use multiple first-person narrators in addition to the gossipy first-person-plural voice of the C.I.A.’s pool of female typists (which, incidentally, is highly effective). And Prescott pulls all this off… Prescott’s portrait of Sally Forrester, in particular, and Sally’s love for her colleague, Irina, is emotionally sincere and Prescott acutely captures the isolation inherent in Sally’s professional, social and sexual identity.

—— iNews

Engaging …This is a highly readable novel about the power of literature … The pen really is mightier than the sword

—— COUNTY & TOWN HOUSE

Lara Prescott has managed to summon a vanished world where novels mattered and women didn’t.

—— TLS

Lara Prescott's dazzling debut novel is a sweeping page turner, and now a global literary sensation.

—— SouthernStar.ie

Lara Prescott's absorbing take on the Cold War spy thriller ... doesn't disappoint … Sweeping and ambitious ... It is a tautly written masterclass in blending fiction and fact.

—— THE LADY

An entertaining read

—— BOOKMUNCH
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