Saturday, September 27, 2008
Meltdown Lit: Recommended Books for the Wall Street Debacle
Here are some titles highlighted by booksellers and librarians to help consumers understand how things could go so bad and how the mess might be cleaned up. Quite a few authors anticipated the current crisis. Among the highest-rated, gilt-edged titles:
The New Paradigm for Financial Markets: The Credit Crisis of 2008 and What It Means by George Soros (PublicAffairs, $22.95, 9781586486839/1586486837), May.
The Trillion Dollar Meltdown: Easy Money, High Rollers, and the Great Credit Crash by Charles R. Morris (PublicAffairs, $22.95, 9781586485634/1586485636), March.
The Shock Doctrine: The Rise of Disaster Capitalism by Naomi Klein (Picador, $16, 9780312427993/0312427999), appeared in paperback in June.
Financial Shock: A 360-Degree Look at the Subprime Mortgage Implosion, and How to Avoid the Next Financial Crisis by Mark Zandi (FT Press, $24.99, 9780137142903/0137142900), July.
The Subprime Solution: How Today's Global Financial Crisis Happened, and What to Do About It by Robert Shiller (Princeton University Press, $16.95, 9780691139296/0691139296), August.
Bad Money: Reckless Finance, Failed Politics, and the Global Crisis of American Capitalism by Kevin Phillips (Viking, $25.95, 9780670019076/0670019070), April.
Labels:
credit,
economics,
finance,
financial crisis,
money,
mortgage,
subprime,
Wall Street
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