Author:Nouriel Roubini
In this myth-busting book Nouriel Roubini shows that everything we think about economics is wrong. Financial crises are not unpredictable 'black swans', but an inherent part of capitalism. Only by remaking our financial systems to acknowledge this, can we get out of the mess we're in.
Will there be another recession, and if so what shape? When will the next bubble occur? What can we do about it? Here Roubini gives the answers, and lists his commandments for the future.
Succinct, lucid and compelling ... essential reading
—— Michiko Kakutani , The New York TimesHis was one of the few voices in the economics profession to have correctly predicted the crisis ... broad, well-argued and easy to digest
—— IndependentThis is a wake-up call
—— ObserverNouriel Roubini was right
—— Paul Krugman , TimeThe seer who saw it coming
—— The New York TimesThe man known as "Dr Doom" has been hailed as a prophet
—— Financial TimesThe only professional economist who really predicted the crisis, and perhaps the only independent thinker in that business
—— Nassim Nicholas TalebOdell argues convincingly that our daily experience is dominated by the corporate clock that so many of us contort ourselves to fit inside
—— Irish IndependentThe best beach read of the year ... Read it, and then think deeply about how you are reading your own time
—— The Media LeaderOdell's latest book, Saving Time, is great at analysing where a lot of our notions about how to use our time came from (hint: capitalism).
—— RTE IrelandOne of President Barack Obama's 'Favourite books of 2019'
—— President Barack Obama on How To Do Nothing[a] fascinating and timely history
—— Ian Pindar , GuardianIncredibly vivid
—— Press AssociationI've read lots of books about economics this last year. This is one of the very best... Superb
—— StandardA fluent and indirect paean to Keynesian economics... this resonates with the contemporary turmoil in global financial markets
—— Financial TimesAhamed unravels the story of the most terrible financial collapse in history from the perspective of the four men who were largely responsible: the leading central bankers in the United States, Britain, France and Germany
—— Mail on Sunday[a] very readable portrait of the bankers who allowed the Great Depression to happen
—— TelegraphPossibly the most important political book that I have read since The Spirit Level
—— Stuart Weir, co-founder of Charter 88, former editor of the New StatesmanHe has prised the lid off an important and terrifying can of worms
—— Martin Vander Weyer , Literary ReviewLively and well written book
—— Toby Young , Mail on SundayA welcome account of how the sun is never allowed to set on the British empire's old islands, whose fiscal pirates hoard the tax-free treasures of the rich
—— Geoffrey Robertson , New Statesman, Books of the YearShaxson delves into capitalism's secret nooks and tells us about how a culture of secrecy can perpetuate itself. Very interesting
—— William Leith , Evening StandardA compelling read [...] an important and very much a live topic, it'll take you a few hours to read the book but it will be a worthwhile investment of time
—— Peter Magee , BookbagWhat makes this such a good read for the layman is that the author employs all his journalistic skill (he used to work at Reuters) to illustrate his arguments and uses real examples to real examples to illustrate complex issues
—— John Arlidge , Sunday TimesThis book is a must-read for anyone who wants to understand the world we live in
—— Brian Maye , Irish TimesThis engrossing book about the offshore banking racket, with its eye-opening scrutiny of tax havens and the suited scoundrels who profit from them, will make you think again about the murkier side of the City...This first-rate forensic work ends with a plea that the closed City "must be abolished and submerged into a...fully democratic London"
—— Boyd Tonkin , Independent[An] informed polemic against finance capital
—— Oliver Kamm , The TimesNow more than a decade old, this is still the best introduction to the world of tax havens
—— Economist, *Summer Reads of 2022*