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David’s weekly update on the financial markets and economy
Roger Lowenstein’s When Genius Failed: The Rise and Fall of Long-Term Capital Management is one of the best books I have ever read about the history of modern finance. So, when I saw that Lowenstein had joined the list of authors chiming on the financial crisis of 2008, I was quite excited. Unlike some highly ...read this post
I committed to reading and reviewing every single serious book that is written about the 2008 financial crisis over a year ago because I am afraid of history recording lessons from the crisis that are entirely false, and because I am afraid of economists prescribing solutions that are utterly catastrophic. In a sense, my ...read this post