Crisis Economics

A Crash Course in the Future of Finance

Business & Finance, Economics, Planning & Forecasting, Economic Conditions, Economic History
Cover of the book Crisis Economics by Nouriel Roubini, Stephen Mihm, Penguin Publishing Group
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: Nouriel Roubini, Stephen Mihm ISBN: 9781101427422
Publisher: Penguin Publishing Group Publication: May 11, 2010
Imprint: Penguin Books Language: English
Author: Nouriel Roubini, Stephen Mihm
ISBN: 9781101427422
Publisher: Penguin Publishing Group
Publication: May 11, 2010
Imprint: Penguin Books
Language: English

This myth shattering book reveals the methods Nouriel Roubini used to foretell the current crisis before other economists saw it coming and shows how those methods can help us make sense of the present and prepare for the future.

Renowned economist Nouriel Roubini electrified his profession and the larger financial community by predicting the current crisis well in advance of anyone else. Unlike most in his profession who treat economic disasters as freakish once-in-­a-lifetime events without clear cause, Roubini, after decades of careful research around the world, realized that they were both probable and predictable. Armed with an unconventional blend of historical analysis and global economics, Roubini has forced politicians, policy makers, investors, and market watchers to face a long-neglected truth: financial systems are inherently fragile and prone to collapse.

Drawing on the parallels from many countries and centuries, Nouriel Roubini and Stephen Mihm, a professor of economic history and a New York Times Magazine writer, show that financial cataclysms are as old and as ubiquitous as capitalism itself. The last two decades alone have witnessed comparable crises in countries as diverse as Mexico, Thailand, Brazil, Pakistan, and Argentina. All of these crises-not to mention the more sweeping cataclysms such as the Great Depression-have much in common with the current downturn. Bringing lessons of earlier episodes to bear on our present predicament, Roubini and Mihm show how we can recognize and grapple with the inherent instability of the global financial system, understand its pressure points, learn from previous episodes of "irrational exuberance," pinpoint the course of global contagion, and plan for our immediate future. Perhaps most important, the authors-considering theories, statistics, and mathematical models with the skepticism that recent history warrants—explain how the world's economy can get out of the mess we're in, and stay out.

In Roubini's shadow, economists and investors are increasingly realizing that they can no longer afford to consider crises the black swans of financial history. A vital and timeless book, Crisis Economics proves calamities to be not only predictable but also preventable and, with the right medicine, curable.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

This myth shattering book reveals the methods Nouriel Roubini used to foretell the current crisis before other economists saw it coming and shows how those methods can help us make sense of the present and prepare for the future.

Renowned economist Nouriel Roubini electrified his profession and the larger financial community by predicting the current crisis well in advance of anyone else. Unlike most in his profession who treat economic disasters as freakish once-in-­a-lifetime events without clear cause, Roubini, after decades of careful research around the world, realized that they were both probable and predictable. Armed with an unconventional blend of historical analysis and global economics, Roubini has forced politicians, policy makers, investors, and market watchers to face a long-neglected truth: financial systems are inherently fragile and prone to collapse.

Drawing on the parallels from many countries and centuries, Nouriel Roubini and Stephen Mihm, a professor of economic history and a New York Times Magazine writer, show that financial cataclysms are as old and as ubiquitous as capitalism itself. The last two decades alone have witnessed comparable crises in countries as diverse as Mexico, Thailand, Brazil, Pakistan, and Argentina. All of these crises-not to mention the more sweeping cataclysms such as the Great Depression-have much in common with the current downturn. Bringing lessons of earlier episodes to bear on our present predicament, Roubini and Mihm show how we can recognize and grapple with the inherent instability of the global financial system, understand its pressure points, learn from previous episodes of "irrational exuberance," pinpoint the course of global contagion, and plan for our immediate future. Perhaps most important, the authors-considering theories, statistics, and mathematical models with the skepticism that recent history warrants—explain how the world's economy can get out of the mess we're in, and stay out.

In Roubini's shadow, economists and investors are increasingly realizing that they can no longer afford to consider crises the black swans of financial history. A vital and timeless book, Crisis Economics proves calamities to be not only predictable but also preventable and, with the right medicine, curable.

More books from Penguin Publishing Group

Cover of the book The Great Believers by Nouriel Roubini, Stephen Mihm
Cover of the book This Bitter Earth by Nouriel Roubini, Stephen Mihm
Cover of the book The Miracle Power of Your Mind by Nouriel Roubini, Stephen Mihm
Cover of the book Known to Evil by Nouriel Roubini, Stephen Mihm
Cover of the book Colonel Brandon's Diary by Nouriel Roubini, Stephen Mihm
Cover of the book Slocum 382 by Nouriel Roubini, Stephen Mihm
Cover of the book The Thrill of the Haunt by Nouriel Roubini, Stephen Mihm
Cover of the book Arsene Lupin, Gentleman-Thief by Nouriel Roubini, Stephen Mihm
Cover of the book Play Hungry by Nouriel Roubini, Stephen Mihm
Cover of the book In the Presence of Mine Enemies by Nouriel Roubini, Stephen Mihm
Cover of the book Bettyville by Nouriel Roubini, Stephen Mihm
Cover of the book Lover Unbound by Nouriel Roubini, Stephen Mihm
Cover of the book Because Your Vampire Said So by Nouriel Roubini, Stephen Mihm
Cover of the book The Wedding Journey by Nouriel Roubini, Stephen Mihm
Cover of the book Bunny Buddhism by Nouriel Roubini, Stephen Mihm
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy