Crisis Economics: A Crash Course in the Future of Finance

Crisis Economics: A Crash Course in the Future of Finance

Crisis Economics A Crash Course in the Future of Finance Crisis Economics A Crash Course in the Future of Finance

  • Title: Crisis Economics: A Crash Course in the Future of Finance
  • Author: Nouriel Roubini Stephen Mihm
  • ISBN: 9781594202506
  • Page: 268
  • Format: Hardcover
  • Crisis Economics A Crash Course in the Future of Finance

    • Unlimited [Science Book] ☆ Crisis Economics: A Crash Course in the Future of Finance - by Nouriel Roubini Stephen Mihm ✓
      268 Nouriel Roubini Stephen Mihm
    • thumbnail Title: Unlimited [Science Book] ☆ Crisis Economics: A Crash Course in the Future of Finance - by Nouriel Roubini Stephen Mihm ✓
      Posted by:Nouriel Roubini Stephen Mihm
      Published :2019-09-25T21:09:16+00:00

    409 Comment

    I have a terrible affliction. Its like a python coiled around my neck; its trying to squeeze my throat but I can pull on the snake just hard enough to keep from suffocating. Recently, I stopped resisting my reptilian oppressor and that's when I started watching cable news again.I know cable news will crush my wind pipe and deprive my brain of oxygen, but I get tired from the struggle and give in. And when I give in, I hear the most absurd and illogical assertions from the talking skulls on the s [...]

    Roubini is a smart dude who manages to tell an interesting and informative story without resorting to hyperbole. Unfortunately, the same cannot be said about the book's editors, who presumably wrote the following shamelessly self-indulgent and misleading description: "This myth shattering book reveals the methods Nouriel Roubini used to foretell the current crisis before other economists saw it coming and shows how those methods can help us make sense of the present and prepare for the future." [...]

    I just finished a book of this name by Nouriel Roubini (famous for predicting the 2008 crash) and Stephen Mihn. It’s hardly a work of art, and in places quite dreadfully written (how about this for a string of cliches: “[shareholders] don’t actually have much skin in the game. They’ve put up some of the bank’s capital, but not a whole lot of it, and while they don’t want to lose their shirts, they’re fine turning a blind eye when traders roll the dice”; or this: “When things go [...]

    Cri­sis Eco­nom­ics: A Crash Course in the Future of Finance by Nouriel Roubini and Stephen Mihm is a non-fiction finan­cial book.I thought Cri­sis Eco­nom­ics: A Crash Course in the Future of Finance by Nouriel Roubini and Stephen Mihm was a very inter­est­ing book, offer­ing solu­tions to a sta­bi­lize the finan­cial sys­tem. Even though the book might no longer be as rel­e­vant as it was when it was writ­ten, it is still fascinating.The book gives a good overview of cap­i­ [...]

    If you predict that mortgage crash, predict which companies will be allowed to go bust and what order it will happen in 2 years out, then you get a book deal. The first half of the book seemd almost like the fulfillment of a contract. There was a lot of repetitive history. Informative, yes, but not terribly interesting to start. The second half (or so) of the book gets much more useful. Roubini outlines the pros and cons of dozens of regulatory strategies and paths for the future. I began to fee [...]

    Crisis Economics is more of a history book than a casual read about the recent crisis. The book provides a history of economic crisis since the 1600's with a brief description of each. This history lesson ends with the 2008-2009 financial crisis. The history lesson supports the book's central themes (1) economic crisis are not the exception, but rather a part of the normal economic cycle (2) A building economic crisis can be recognized. These themes dispute claims of mainstream economists and ce [...]

    As an ex bank currency and money market traders, our defence for speculative trading was that economics was an art and not science. Having read this book, the author have proven that economic is rigorous science. In my reality in the past ,market players in the financial system ridden mainly on the animal spirit behaviours rather than the rationality of the science of economic. The author hit the nail that it was short term interest incentives that rewarded the market . Infact the system of remu [...]

    All in all, a comprehensive, albeit understandable for the economic novice, account of the most recent global financial crisis, what "caused" it, the historic precedence, and how to move forward. That being said, the reader must use caution as he continues through he chapters, as it becomes increasingly difficult to differentiate fact from the authors' (highly academic/informed, and political central) own opinions. This is not to say that all sides are not presented, quite the contrary. However, [...]

    I gave this book five stars because I found it to be the best one stop shop on the topic. I’ve read a lot of different books on the recent crash and each of them tends to focus on a specific influence such as the slicing and dicing of mortgages or currency devaluation.This book has it all from the history of previous crashes, the full story line of the recent crash, and a complete set of recommendations on what needs to be fixed to avoid a similar or worse crash happening in the future. Above [...]

    A bit too polemical for me, perhaps due to the audiobook narrator--I've heard him before, and he often lets a hint of a righteous sneer sneak into his tone when the authors are responding to some opposition view. Besides that, I am suspicious of Roubini's conviction that crises are essentially predictable. We look at history with the benefit of hindsight; causes and effects seem crystal clear, and we wonder how we could be such fools. But life has to be lived forward, and the crystal ball is alw [...]

    It is a very good book as my journey in 2015 has started in an overview of both economics and finance. The findings from various sources of both finance and economics had brought to a level of broad assessment that come to this piece of book. From a world complexities from macro and micro economics, to banking, investment, insurances and to the more on how practical it is that makes more sense in current world. Details gathered by Roubini and Stephen deliberately that makes interest to another a [...]

    An exceptional work that provides a superb analysis of the sources and causes of the financial crisis. The authors also provide sage recommendations for the necessary reforms that must be enacted. This is a book that will appeal to both financial laymen (such as myself) and practitioners steeped in financial necromancy. A great starting point for those who work all their lives for money, but are clueless about how money works. If you have to read one book on the financial crisis, this is it.

    Extremely readable book about economics. Read more like a thriller and often kept me on the edge of my seat. News stories about economics are much more understandable. While the authors have a particular perspective, I felt like they provided a wealth of information and attended fairly to diverging viewpoints. Very impressed with their ability to take such a complex and dry topic (at least to readers such as myself) and produce such an engaging and informative overview, not only of the current c [...]

    Summer 2011 with the dollar in the jaws of Republican utopians, the euro at the cross rounds of a poker all-in or fold, the afternath of the CDS debackle and the massive government bailouts risk to make all our daily worries trivial. This book makes the origins of the cuurent crisis more tangible and carries hope and warning in it's historical perspective, at least it does so far, crossing my fingers that all will end well

    Would highly recommend to anyone wishing to understand both the foundations and the implications of the 2007 economic crisis. Having read a number of books on the events of the last five years, I found the Roubini and Mihm text cogent, powerful and the implications particularly interesting.Given Roubini's previous foresight I would advise others to read and take on board his prognosis.

    The original prophet of economic doom, Nouriel Roubini lays bare the spiraling greed that inspired, irrigated and ignited the calamitous financial crisis of 2008. Governments will learn from this, the layman will both fume and fret, while investment bankers would collectively wish to put bullets through the heads of the authors!

    A great book that lucidly explains economic concepts in its most practical form. Any keen student of economics should read this book to get a connect between theory and practice. One of my best books, for sure!

    Despite the book cover description, can't say I learned much about how Roubini foretold the GFC, other than (ex-post) comparisons with prior crises. Policy suggestions are unsurprising, but that's probably because the book was written in 2010?

    The book is rather technical for a non-economics background reader . Having said that, the authors make a great effort to be lucid and not loose rigour at the same time.Deserves a second read .

    a great explanation of some of the key economic concepts. Author gets a bit carried away with the solutions approach and I don't think any of them are feasible without heavy regulation.

    Fácilmente digerible solo si estás familiarizado con la economía. Aún así una buena lectura para todo aquel que le interese saber las causas más profundas de la crisis del 2008.

    Best overview and deep insight into crisis mechanics. Unbiased(!) mind you, unlike most other books. Hard to read but well worth it. 10 stars out of 5.

    Crisis Economics: A Crash Course in the Future of Finance by Nouriel Roubini and Stephen Mihm is a must-read for anyone who wants to know why the Great Recession of 2008 happened and where we should go from here. Roubini and Mihm dispel a number of myths about crises and explain why they happen. While many in the financial community treat these crises as “black swans” or rare occurrences, the authors believe that instead we should treat them as common “white swans”. The authors also take [...]

    I listened to the audio version from audible. This book is mainly about the financial crisis of 2008, and appears to have been completed in 2010 before the financial reform legislation (the Dodd-Frank act) passed the United States Congress. Although it goes over some familiar ground, such as the role of derivatives and the easy money policy of the Federal Reserve in the years just prior to the crisis, it does have some interesting points less emphasized in other books about the financial crisis. [...]

    "Crisis Economics" offers a comprehensive view of past economic crises, with an emphasis on the Great Recession of 2008. And course, Roubini offers his take on how to fix the various problems that plague our financial system. My main problem with the book is that Roubini does not offer any suggestions for the average investor. The average Joe is concerned with his mortgage, 401k, and saving for his kid' college tuition. The average Joe also has no say on the shenanigans on Wall Street and in con [...]

    There were things I liked about this book and things I did not like. I thought it had some good technical explanations with market theory and hypothesized links in currency and markets and deficits and so on. I thought this was interesting.What I didn't like was a lot of unsupported statements where the author would state something about someone's criticism of why markets shouldn't be regulated for example and he would then say "That is a ridiculous statement" and then go on to cite reasons he t [...]

    A little disappointing- the book isn't all that well organized, the 'solutions' offered are focused almost entirely on stabilizing the financial system, and it's frightening to see how quickly a book like this can be outdated. Now obviously the problem of being outdated can't be laid at the authors' feet; and there's nothing particularly wrong with wanting to stabilize the financial system. I just come from a different world: when you promise 'radical' measures, I don't expect things like "do a [...]

    This is a great book to read for some insight into some of the causes of the recent economic problems the world is facing. I can't say that I agree with all of Roubini's suggestions for solutions, but his analysis of the events of the crises are spot-on (part of the reason why he was documented predicting the housing bubble's pop two years before it happened). Roubini has the evidence to back up his claims to be able to look into the future and make surprisingly accurate predictions, so it would [...]

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