Crashed
Looks at the ways that current dramatic shifts in the domestic and global economy have their roots in the 2008 economic crisis and its aftermath, exploring novel themes in the way the crisis has played out for the past decade and will influence the future.
Stats for nerds
11recommend
17mentions
13people
2018–2024years
76% recommend24% neutral
Mentions per year
What Hacker News says
- > I could be wrong, but I think almost everything in those examples exists in news articles, although to be fair, those articles are often long-form, and some are sourced with reporting from the books you mention. I've never read a book on either subject, but I maybe presumptuously think myself well-informed. ;)
Crashed, by Adam Tooze was a very very good retelling of the GFC, and I did read all the newspapers at the time and still found lots of interesting stuff.
More generally, I'd argue that modern historians probably have the highest chance of producing useful new insights recently.
If you accept fiction (and like fantasy fiction), I'd argue that the Malazan books of the fallen and/or the Nine Worlds series are serious works that are going to endure. Ask me again in a century, though ;)
- > I want to know more about how that shift occurred.
I’ve been stuck in that rabbit hole for atleast 2 years now. At the macro level it seems as if it was all planned but upon deeper reading I came to a conclusion that it was a sequence of events which while individually would have made sense collectively lead to the current mess.
To get a whirl wind tour and as a starting point I highly recommend Adam Tooze’s book “Crashed”. In it he chronicles the 2008 crisis beginning with Nixon’s abolishment of gold standard. The book is full of excellent references.
- He's not just a blogger: https://en.wikipedia.org/wiki/Adam_Tooze
His books (particularly Crashed) are also really, really good.
- Crashed by Adam Tooze is really good reading on this topic:
https://adamtooze.com/crashed/
https://www.amazon.com/Crashed-Decade-Financial-Crises-Chang...
- I think it is widely accepted that the terms imposed on Greece were unreasonable – not just because they caused very high unemployment and poverty, but also because they were based on a completely unrealistic assessment of the country’s ability to pay back its debt. A good book on the topic (and much else) is Adam Tooze’s Crashed.
- 1. People’s QE (modern monetary policy, some great explain-to-me-like-I’m 5 sections) 2. Doing Capitalism by Bill Janeway (innovation economy) 3. Crashed by Adam Tooze (some financial history)
