Journal of Economic Literature
ISSN 0022-0515 (Print) | ISSN 2328-8175 (Online)
Reading about the Financial Crisis: A Twenty-One-Book Review
Journal of Economic Literature
vol. 50,
no. 1, March 2012
(pp. 151–78)
Abstract
The recent financial crisis has generated many distinct perspectives from various quarters. In this article, I review a diverse set of twenty-one books on the crisis, eleven written by academics, and ten written by journalists and one former Treasury Secretary. No single narrative emerges from this broad and often contradictory collection of interpretations, but the sheer variety of conclusions is informative, and underscores the desperate need for the economics profession to establish a single set of facts from which more accurate inferences and narratives can be constructed. (JEL E32, E44, E52, G01, G21, G28)Citation
Lo, Andrew W. 2012. "Reading about the Financial Crisis: A Twenty-One-Book Review." Journal of Economic Literature, 50 (1): 151–78. DOI: 10.1257/jel.50.1.151JEL Classification
- E32 Business Fluctuations; Cycles
- E44 Financial Markets and the Macroeconomy
- E52 Monetary Policy
- G01 Financial Crises
- G21 Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
- G28 Financial Institutions and Services: Government Policy and Regulation