Reading About the Financial Crisis: A Twenty-One-Book Review
Author(s)Lo, Andrew W.
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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.
DepartmentSloan School of Management
Journal of Economic Literature
American Economic Association
Lo, Andrew W. "Reading about the Financial Crisis: A Twenty-One-Book Review." Journal of Economic Literature, 50(1): 151-78 (2012).
Final published version