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 project was presciently motivated by 13 Bankers by Simon Johnson. Dr. Johnson is an MIT economist and was for a time the Chief Economist of the International Monetary Fund. … [Read more...]