Reading about the Financial Crisis: A Twenty-One-Book Review

By Andrew W. Lo. 2012

221 citations recorded by the source corpus.

The recent financial crisis has generated many distinct perspectives from various quarters. In this article, I review a diverse set of twenty-one books on the crisis, eleven written by academics, and ten written by journalists and one former Treasury Secretary. No single narrative emerges from this broad and often contradictory collection of interpretations, but the sheer variety of conclusions is informative, and underscores the desperate need for the economics profession to establish a single set of facts from which more accurate inferences and narratives can be constructed. (JEL E32, E44, E52, G01, G21, G28)

Subfields: Economics and Econometrics, Management Science and Operations Research

View Paper: https://www.semanticscholar.org/paper/f90152752cc6be0d7cafa39293ae0545c3e743a7

Citations in the corpus

• The Financial Crisis of 2007–2009: Why Did It Happen and What Did We Learn? (2015, unknown): “perhaps the first truly global financial crisis occurred in 1857 and was preceded by significant financial innovation to enable investments by British and other European banks in U.S. railroads and other assets. 2.1.4 U.S. monetary policy. Taylor (2009) argues that the easy-money monetary policy fol”