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Crisis Economics: A Crash Course in the Future of Finance Summary
- 1-23-2014
- Categorized in: Business Extracted - Our Blog
The SQUEEZE: Nouriel Roubini predicted the current financial crisis before others saw it coming. In Crisis Economics: A Crash Course in the Future of Finance, Roubini and Stephen Mihm reveal much about the methods they used to foretell the financial crisis, urging regulators and leaders to prepare for the future. The authors use both historical analysis and their knowledge of global economics to paint a portrait of what they believe are preventable and curable calamities. The authors further include profiles of economic thought, referencing Smith, Keynes, and others and their 19th- to 20th- century views on the economy and their understanding of financial markets. This provides the theoretical context central to proving Roubini’s and Mihm’s views about a future financial crisis. Crisis Economics is a unique read that offers insight into past, present, and future economic collapses and their impact upon current and future decision-making.
Notable Endorsement: “A succinct, lucid and compelling account . . . Essential reading." -Michiko Kakutani, The New York Times
Common Q’s Answered by this Book:
- What are examples of economic crises that contributed to global financial collapses?
- What insight does Keynesiasm provide for the study of financial markets?
- How should global leaders prepare today to hedge against potential economic collapse?
About the Author: Nouriel Roubini is a professor of economics at New York University’s Stern School of Business. Roubini has extensive experience in policy and the federal government, serving in the U.S. Treasury. Roubini is the founder and chairman of RGE Monitor, an economic and financial consulting firm. For more information, visit: www.rgemonitor.com. Stephen Mihm is an associate professor at the University of Georgia. Mihm’s research interests include capitalism, early America, and intellectual history of 18th- and 19th- century America. Recent titles of Mihm’s work include: A Nation of Counterfeiters: Capitalists, Con Men, and the Making of the United States (2007). Mihm is the co-editor of Artificial Parts, Practical Lives: Modern Histories of Prosthetics (2002). For more information, visit: http://history.uga.edu/people/people.php?page=23.
Book Vitals:
Publisher: Penguin Books (April 2011)
