Overview

A fascinating account of a century of financial crashes, showing what lessons can be learned from history and where the next crash will come from Since America's Wall Street Crash of 1929, the global economy has weathered the most tumultuous century in financial history. From the currency crises of the 1980s, to Japan's housing meltdown, the dot com boom and bust, the global financial crash and the COVID pandemic, crash after crash has sent shockwaves through our world. The Great Crashes tells the stories of ten of these historic financial events. They serve as a series of cautionary tales, each with their own lessons to be learnt. With clear-eyed analysis, renowned economist Professor Linda Yueh uses these meltdowns to extract a critical three-step framework to help recognise the early signs of a crash, mitigate the effects and even prevent them in the future. There is very little that is certain in economics, except for this- there will be another financial crisis. Combining her in-depth knowledge with her compelling storytelling, The Great Crashes is essential reading that offers urgent lessons for the modern world.

Full Product Details

9780241988084

Table of Contents

Reviews

"The perfect primer on the worst economic disasters of the past 100 years * The Times * Linda Yueh's new book [is] almost alarmingly timely, as if she were tanking the global economy as the mother of all guerrilla marketing stunts * Guardian * Best new books on economics: An important book to keep us all on our toes when complacency starts to creep in, again * Financial Times * Linda Yueh's analysis of what past financial crises have in common is an important contribution that can help society anticipate and tackle potential crashes in the future -- Christine Lagarde * President of the European Central Bank and former Managing Director of the International Monetary Fund, 2011-2019 * Fascinating, well-written and authoritative * Tim Harford * A first point of entry for anybody who wants to learn how the world economy sleep-walked into multiple crashes over the last century -- Daron Acemoglu * Institute Professor at MIT, and author of Why Nations Fail * An accessible and insightful overview of modern financial crises, incorporating both historical detail and thoughtful analysis -- Kenneth Rogoff * Thomas D. Cabot Professor of Public Policy and Professor of Economics at Harvard University, and former Chief Economist of the International Monetary Fund * Linda provides many with a very readable summary of all the great crises, but also more importantly derives the big lessons and how to have a better policy framework to avoid getting caught up in too much "" this time it is different"" when the next big risks appear -- Lord Jim O'Neill * Author of The Growth Map and former Chairman of Goldman Sachs Asset Management * A masterclass in spotting the early signs of a crisis. Linda Yueh expertly shows how we can understand these crashes better when they occur and even prevent them from happening in the future. A accessible yet rich study of our most turbulent economic years -- Nouriel Roubini * author of Megathreats * This well-written book draws out the many different ways in which markets can crash and she's willing to chance her arm predicting the next one -- Sir Vince Cable * author of How to be a Politician and former UK Secretary of State for Business, Energy and Industrial Strategy, 2010-2015 *"

"The perfect primer on the worst economic disasters of the past 100 years * The Times * Engrossing... [one of] the 75 best books for summer 2023 * Daily Telegraph * Linda Yueh's new book [is] almost alarmingly timely, as if she were tanking the global economy as the mother of all guerrilla marketing stunts * Guardian * Best new books on economics: An important book to keep us all on our toes when complacency starts to creep in, again * Financial Times * Linda Yueh's analysis of what past financial crises have in common is an important contribution that can help society anticipate and tackle potential crashes in the future -- Christine Lagarde * President of the European Central Bank and former Managing Director of the International Monetary Fund, 2011-2019 * Fascinating, well-written and authoritative * Tim Harford * A first point of entry for anybody who wants to learn how the world economy sleep-walked into multiple crashes over the last century -- Daron Acemoglu * Institute Professor at MIT, and author of Why Nations Fail * An accessible and insightful overview of modern financial crises, incorporating both historical detail and thoughtful analysis -- Kenneth Rogoff * Thomas D. Cabot Professor of Public Policy and Professor of Economics at Harvard University, and former Chief Economist of the International Monetary Fund * Linda provides many with a very readable summary of all the great crises, but also more importantly derives the big lessons and how to have a better policy framework to avoid getting caught up in too much "" this time it is different"" when the next big risks appear -- Lord Jim O'Neill * Author of The Growth Map and former Chairman of Goldman Sachs Asset Management * A masterclass in spotting the early signs of a crisis. Linda Yueh expertly shows how we can understand these crashes better when they occur and even prevent them from happening in the future. A accessible yet rich study of our most turbulent economic years -- Nouriel Roubini * author of Megathreats *"

Author Information

Linda Yueh is Fellow in Economics at St Edmund Hall, University of Oxford and Adjunct Professor of Economics at London Business School. She is also Visiting Professor at LSE IDEAS and was Visiting Professor of Economics at Peking University. The former Economics Editor at Bloomberg TV, she also hosted Talking Business with Linda Yueh as Chief Business Correspondent for BBC News. She writes for The Times, The New York Times, and the Financial Times and has advised the World Economic Forum in Davos, the World Bank, the European Commission and the Asian Development Bank. She has recently been appointed by HM Treasury to the Independent Review Panel on Ring-fencing and Proprietary Trading, to examine banking crises and advise the government on mitigating the next one. She is the author of two books; The Great Economists and The Great Crashes.

Tab Content 6

Customer Reviews

Recent Reviews

Countries Available