Financial Crisis Reading List

This reading list contains books and articles which cover the financial crisis, broadly construed, and related ideas. There are a lot of them! For this reason, we have found the two summary articles listed at the top of the page to be a good place to start.

 

Summaries

Andrew W Lo, ‘Reading About the Financial Crisis: A Twenty-One-Book Review’, Journal of Economic Literature, 50 (2012), 151–178 <doi:10.1257/jel.50.1.151>.

Gary B. Gorton and Andrew Metrick, ‘Getting up to Speed on the Financial Crisis: A One-Weekend-Reader’s Guide’, Journal of Economic Literature, 50 (2012), 128–150 <doi:10.2139/ssrn.1974662>.

 

Books

Philip Augar, The Death of Gentlemanly Capitalism: The Rise and Fall of London’s Investment Banks (Penguin Business) (Penguin Books Ltd).

Stephen Green, Good Value: Reflections on Money, Morality, and an Uncertain World (Grove Press, 2010), p. 232.

Robert J. Shiller, The Subprime Solution: How Today’s Global Financial Crisis Happened, and What to Do About It (Princeton University Press).

Ferdinand Mount, The New Few: Or a Very British Oligarchy (Simon & Schuster, Limited, 2012), p. 320.

John H. Dunning, Making Globalization Good: The Moral Challenges of Global Capitalism (Oxford University Press, 2005), p. 400.

Robert Skidelsky, Keynes: The Return of the Master (PublicAffairs, 2010), p. 228.

Laurence J. Kotlikoff, Jimmy Stewart Is Dead: Ending the World’s Ongoing Financial Plague with Limited Purpose Banking (John Wiley & Sons).

George A. Akerlof and Robert J. Shiller, Animal Spirits: How Human Psychology Drives the Economy, and Why It Matters for Global Capitalism (New in Paper) (Princeton University Press).

Simon Johnson and James Kwak, 13 Bankers: The Wall Street Takeover and the Next Financial Meltdown (Knopf Doubleday Publishing Group, 2011), p. 320.

Dani Rodrik, The Globalization Paradox: Democracy and the Future of the World Economy (W. W. Norton, 2012), p. 368.

Robert J. Shiller, Irrational Exuberance (Princeton University Press, 2000), p. 296.

Henry M. Paulson, On the Brink: Inside the Race to Stop the Collapse of the Global Financial System (Business Plus, 2010), p. 478.

Niall Ferguson, The Ascent of Money: A Financial History of the World (Penguin Books, 2009), p. 442.

John Authers, The Fearful Rise of Markets: Global Bubbles, Synchronized Meltdowns, and How To Prevent Them in the Future (Pearson Education, 2010), p. 231.

Robert Pozen, Too Big to Save How to Fix the U.S. Financial System (John Wiley and Sons, 2009), p. 384.

Gary Stern and Ron Feldman, Too Big to Fail: The Hazards of Bank Bailouts (Brookings Institution Press).

Mohamed A. El-Erian, When Markets Collide: Investment Strategies for the Age of Global Economic Change (McGraw-Hill Professional, 2008), p. 344.

Michael Lewis, The Big Short: Inside the Doomsday Machine (Penguin UK, 2244), p. 288.

Satyajit Das, Extreme Money: The Masters of the Universe and the Cult of Risk (John Wiley & Sons, 2011), mmxi, 484.

Andrew Ross Sorkin, Too Big to Fail: Inside the Battle to Save Wall Street (Penguin).

David Tuckett, Minding the Markets: An Emotional Finance View of Financial Instability (Palgrave Macmillan, 2011), p. 256.

Hans-Werner Sinn, Casino Capitalism: How the Financial Crisis Came About and What Needs to Be Done Now (OUP Oxford).

Roger Bootle, The Trouble With Markets: Saving Capitalism from Itself (Nicholas Brealey Publishing, 2011), mmxi, 322.

Raghuram G. Rajan, Fault Lines: How Hidden Fractures Still Threaten the World Economy (Princeton University Press).

Brian Walters, The Fall of Northern Rock: An Insider’s Story of Britain’s Biggest Banking Disaster (Harriman House Limited, 2008), p. 176.

David Lascelles, Nick Carn and Jay Elwes, The Credit Crunch Diaries: The Financial Crisis by Those Who Made It Happen (Centre for the Study of Financial Innovation, 2009), p. 170.

Vincent Cable, The Storm: The World Economic Crisis and What It Means (Atlantic, 2009), p. 181.

Viral V. Acharya and others, Guaranteed to Fail: Fannie Mae, Freddie Mac, and the Debacle of Mortgage Finance (Google eBook) (Princeton University Press, 8771), p. 222.

Kenneth R. French and others, The Squam Lake Report: Fixing the Financial System (Princeton University Press).

Andrew Gamble, The Spectre at the Feast: Capitalist Crisis and the Politics of Recession (Palgrave Macmillan, 2009), p. 184.

Josh Ryan-Collins, Where Does Money Come from: A Guide to the UK Monetary and Banking System (New Economics Foundation., 2011), p. 144.

Markus Konrad Brunnermeier and others, The Fundamental Principles of Financial Regulation (International Center for Monetary and Banking Studies, 2009), p. 110.

Viral V. Acharya, Thomas F. Cooley and Matthew P. Richardson, Regulating Wall Street: The Dodd-Frank Act and the New Architecture of Global Finance (Google eBook) (John Wiley & Sons, 2010), mmx, 573.

Alistair Milne, The Fall of the House of Credit: What Went Wrong in Banking and What Can Be Done to Repair the Damage? (Cambridge University Press, 2009), p. 366.

Mark T. Williams, Uncontrolled Risk: The Lessons of Lehman Brothers and How Systemic Risk Can Still Bring Down the World Financial System (McGraw-Hill Professional, 2010), p. 256.

Michael Rowbotham, The Grip of Death: a Study of Modern Money, Debt Slavery, and Destructive Economics (Jon Carpenter, 1998), p. 343.

Anatole Kaletsky, Capitalism 4.0: The Birth of a New Economy (Bloomsbury Publishing PLC).

Franklin Allen and Douglas Gale, Understanding Financial Crises (Clarendon Lectures in Finance) (OUP Oxford).

Gerald A. Epstein, Financialization and the World Economy (Edward Elgar Publishing Ltd).

Bethany McLean and Peter Elkind, The Smartest Guys in the Room: The Amazing Rise and Scandalous Fall of Enron (Portfolio, 2003), p. 435.

Charles P. Kindleberger and Robert Z. Aliber, Manias, Panics and Crashes: A History of Financial Crises, Sixth Edition (Palgrave Macmillan, 2011), p. 368.

Tamim A. Bayoumi and Charles Collyns, Post-Bubble Blues: How Japan Responded to Asset Price Collapse, Page 857 (International Monetary Fund, 2000), p. 227.

Hyman P. Minsky, Stabilizing an Unstable Economy (McGraw-Hill, 2008), p. 350.

Jean-Charles Rochet, Why Are There So Many Banking Crises?: The Politics and Policy of Bank Regulation (Google eBook) (Princeton University Press, 2008), p. 308.

Jeroen Smit, The Perfect Prey: The Fall of ABN Amro, or: What Went Wrong in the Banking Industry (Quercus).

E. P. Davis, Debt, Financial Fragility, and Systemic Risk (Clarendon Press, 1992), p. 314.

Michael Lewis, Boomerang: Travels in the New Third World (W. W. Norton, Incorporated, 2012), p. 224.

Gillian Tett, Fool’s Gold: How the Bold Dream of a Small Tribe at J.P. Morgan Was Corrupted by Wall Street Greed and Unleashed a Catastrophe (Free Press, 2009), p. 293.

200 Years of Savings Banks: A Strong and Lasting Business Model for Responsible, Regional Retail Banking; [conference Held in Edinburgh on 10 June 2010] (WSBI, 2011), p. 158.

Corporate Governance and Access to Finance (WSBI/ESBG, 2011), p. 170.

Carmen M. Reinhart and Kenneth S. Rogoff, This Time Is Different: a Panoramic View of Eight Centuries of Financial Crises (National Bureau of Economic Research, 2008).

Tyler Cowen, The Great Stagnation: How America Ate All the Low-Hanging Fruit of Modern History, Got Sick, and Will (Eventually) Feel Better (Dutton Books).

David Graeber, Debt: The First 5,000 Years (Melville House Publishing, 2012), p. 544.

Gretchen Morgenson and Joshua Rosner, Reckless Endangerment: How Outsized Ambition, Greed, and Corruption Led to Economic Armageddon (Times Books/ Henry Holt and Company, 2011), p. 352.

William D. Cohan, Money and Power: How Goldman Sachs Came to Rule the World (Penguin UK, 2012), p. 662.

Jeffrey Sachs, The Price of Civilisation: Economics and Ethics After the Fall (London: The Bodley Head, 2011).

Joseph Stiglitz, Freefall (London: Allen Lane, 2010).

 

Papers, Reports & Articles

Souphala Chomsisengphet and Anthony Pennington-Cross, ‘The Evolution of the Subprime Mortgage Market’, Federal Reserve Bank of St Louis Review, 2006, 31–56

James B. Stewart, ‘Eight Days: The Battle to Save the American Financial System’, The New Yorker, 2009.

John Kay, ‘Corporate Values Are Not Just a Cost-benefit Calculation’, The Financial Times, 11 July 2012.

John Nelson, ‘The City Must Get Rid of the Banking Top Brass’, The Financial Times, 11 July 2012.

Patrick Jenkins, ‘Banks’ Balance Shifts Towards the Historical and Ethical’, The Financial Times, 17 July 2012.

‘Banksters’, The Economist, 2012.

‘The Rotten Heart of Finance’, The Economist.

BankForInternationalSettlements, Basel Committee on Banking Supervision, Homily Service, February 2006, xxxix <doi:10.1080/07321870500391738>.

Frank Partnoy, ‘Time to Rebuild the Twin Pillars of 1930s Wall Street’, The Financial Times, 14 May 2012, p. 11.

Shahien Nasiripour, ‘Call for US Banks to Shed Risky Units’, The Financial Times, 14 May 2012, p. 19.

Paul Amery, ‘The Net Is Closing in on Money Market Funds’, The Financial Times, 14 May 2012, p. 14.

J. A. Kay, Narrow Banking: The Reform of Banking Regulation (Centre for the Study of Financial Innovation, 2009), p. 50.

United States. Financial Crisis, The Financial Crisis Inquiry Report: Final Report of the National Commission on the Causes of the Financial and Economic Crisis in the United States (General Books LLC, 2012), p. 664.

Chris Mallin, ‘The Stewardship Role of Institutional Shareholders’, Unpublished.

Discussion Paper No. 31: Optimal Bank Capital, January 2011.

Gillian G.H. Garcia, ‘Ignoring the Lessons for Effective Prudential Supervision, Failed Bank Resolution and Depositor Protection’, Journal of Financial Regulation and Compliance, 17 (2009), 186–209.

Ross Levine and Bank for International Settlements. Monetary and Economic Dept, The Governance of Financial Regulation: Reform Lessons from the Recent Crisis (Bank for International Settlements, Monetary and Economic Dept., 2010), p. 25.

Davis E P (2012), “The crisis and the kingdom” Wipf and Stock, Eugene, Orego

David Mayes, ‘Moral Hazard, Bank Governance, and the Protection of Depositors’, Unpublished.

Sam Cross, The Cross Report into International Banking, 1985.

Daniel C. L. Hardy, Regulatory Capture in Banking (Google eBook) (International Monetary Fund, 2006), p. 25.

Jenny Anderson, ‘Business as Usual’, The New York Times, 13 September 2009.

Group of Thirty, Financial Reform: A Framework for Financial Stability (Group of Thirty, 2009), p. 77.

Andrew Haldane, Rethinking the Financial Network: Speech Delivered at the Financial Student Association, Amsterdam, April 2009.

Independent Commission on Banking (International Book Marketing Service Limited, 2011), mmxi, 92.

Brooke Masters, Tracy Alloway and Kate Burgess, ‘ICB Moves to Put Depositors Ahead of Bondholders’, The Financial Times, 14 September 2011, p. 22.

Ben Derudder, Michael Hoyler and Peter Taylor, ‘Goodbye Reykjavik: International Banking Centres and the Global Financial Crisis’, Area, 43 (2011), 173–182.

Andrew Handane, Control Rights (and Wrongs): Wincott Annual Memorial Lecture, October 2011.

NEF, Quid Pro Quo: Redressing the Privileges of the Banking Industry.

Carmen M. Reinhart, ‘Review of Authers’ “The Fearful Rise of Markets”’, The Financial Times, 5 June 2010.

Great Britain: H.M. Treasury, Great BritainDepartment for Business and Innovation & Skills, The Government Response to the Independent Commission on Banking (The Stationery Office, 4092), p. 77.

David Bailey, ‘Osborne Needs to Wake up and Smell the Anger’, The Birmingham Post, 18 February 2011.

‘Banks in the Woods: Outlook for Banks in 2011’, Financial World, 2011.

Diane Coyle, ‘Merlin Deal Will Not Fix Flawed Banks’, The Financial Times, 8 February 2011.

‘Softball: a Deal with the Banks’, The Economist, 2011.

Diane Coyle, ‘No Magic Cure from Merlin’, The Financial Times, 9 February 2011.

David Walker and David Walker Sir., A Review of Corporate Governance in UK Banks and Other Financial Industry Entities (Walker review secretariat, 2009), p. 142.

Andy Mullineux, ‘The Governance of “Too Big to Fail” Banks’, in Research Handbook on International Banking and Governance, ed. by James R. Barth, Chen Lin and Clas Wihlborg (Edward Elgar Publishing, 2012), p. 768.

Howard Davies, ‘Banking and the State : Changing the Social Contract’, LSE Research Online, 2008.

McKinlayDouglas, Community Banking: An Assessment of the Bendigo Bank Experience, October 2007.

Co-operativesUK, The UK Co-operative Economy 2011, 2011.

University of Bristol. Personal Finance Research Centre, Affordable Credit: Lessons from Overseas (Unknown Publisher, 2011), p. 54.

Editorial, ‘Restoring Faith in the Banking System’, The Financial Times, 29 December 2011.

TheEcumenicalCouncilforCorporateResponsibility, The Banks and Society: Rebuilding Trust, March 2011.

Spike Lee breaks silence on I done has led up to this filmSpike Lee breaks silence on ”: ‘Everything I’ve done has led up to this film’Caption Spike on ”: ‘Wait ’til the movie comes out .’ Filmmaker Spike Lee comments on the controversy surrounding his proposed movie “” during a newsconference outside St. Sabina’s church on May 14, 2015. (Phil Velasquez, Chicago Tribune)

Filmmaker Spike Lee comments on the controversy surrounding his proposed movie “” during a newsconference outside St. Sabina’s church on May 14, 2015. (Phil Velasquez, Chicago Tribune)

Caption Spike Lee: ‘Let’s be honest, ya’ll can be desensitized because it’s too much’ Spike Lee spoke to the media about his upcoming film rumored to be titled ‘Chriraq’ on May 14, 2015, “We have to stop the madness. This is serious business. We cannot play with violence. No one wants to be a member of this group.” (WGN TV)

Spike Lee spoke to the media about his upcoming film rumored to be titled ‘Chriraq’ on May 14, 2015, “We have to stop the madness. This is serious business. We cannot play with violence. No one wants to be a member of this group.” (WGN TV)

Caption Pam Bosley: ‘I know you’re saying it’s not a war zone, but in my neighborhood, it sounds like a war zone to me’ “I know you’re saying it’s not a war zone, but in my neighborhood, it sounds like a war zone to me,” said Pam Bosley, a Purpose over Pain coordinator who spoke on May 14, 2015 at a press conference for Spike Lee’s controversially named movie ‘.’ Bosley added, “We need to get it wholesale nfl jerseys together and save our children.” (WGN TV)

“I know you’re saying it’s not a war zone, but in my neighborhood, it sounds like a war zone to me,” said Pam Bosley, a Purpose over Pain coordinator who spoke on May 14, 2015 at a press conference for Spike Lee’s controversially named movie ‘.’ Bosley added, “We need to get it together and save our children.” (WGN TV)

Caption Spike Lee to John Cusack: ‘Johnny the only reason to do ” is to help save lives’ “Spike looked me in the eye and he said, ‘Johnny the only reason to do this film is to help save lives.’ Speaking personally there really is no controversy around these films Good art any way works valiantly to shrink wholesale nhl jerseys the gap between words and symbols, and the truth people live with everyday, and feel beneath their skin. I am 100% sure that the great city of Chicago can survive a film of conscience.”

“Spike looked me in the eye and he said, ‘Johnny the only reason to do this film is to help save lives.’ Speaking personally there really is no controversy around these films Good art any way works valiantly to shrink the gap between words and symbols, and the truth people live with everyday, and feel beneath their skin. I am 100% sure that the great city of Chicago can survive a film of conscience.”

Caption “You see us all. We want to tell not just Chicago, Illinois, not just the United States of America, but to the world, why this film matters.” Spike Lee “A lot of things have been said about this film People have opinions about the so called title of the film Chicago is a great city We want to tell not just Chicago, Illinois, not just the United States of America, but to the world, why this film matters.” Spike Lee May 14, 2015. (WGN TV)

“A lot of things have been said about this film People have opinions about the so called title of the film Chicago is a great city We want to tell not just Chicago, Illinois, not just the United States of America, but to the world, why this film matters.” Spike Lee May 14, 2015. (WGN TV)

The Rev. Pfleger on “”: “We not painting a city, we painting a reality that difficult and hard.” Spike Lee speaks publicly about his ambitions wholesale nhl jerseys for “”

Details about Spike Lee’s “” remain elusive, but a news conference Thursday revealed a bit more about Lee and his collaborators’ intentions. This much we know: Lee considers the project a culmination of a nearly 30 year career.

A reluctance to disclose more information is not necessarily unusual for a filmmaker, many of whom keep the specifics of their artistic goals under wraps until a film is completed. There’s actually a word for that: spoilers. But “” has been an unusual case, both because of its exposed nerve of a subject matter and the very title itself.

The movie will tackle the issue of violence in Englewood. And for the first time since news of “” came to light last month, Lee spoke publicly about his ambitions for the film (expected to start shooting in Chicago in June) at a news conference at St. Sabina Catholic Church in the Auburn Gresham neighborhood.

Emanuel wants Spike Lee to meet more anti violence activists John Byrne

A day after filmmaker Spike Lee appeared with one of Chicago’s leading anti violence crusaders to talk about his proposed movie “,” Mayor Rahm Emanuel called on the director Friday to get to know more activiststo better understand what’s going on in Chicago.

A day after filmmaker Spike Lee appeared with one of Chicago’s leading anti violence crusaders to talk about his proposed movie “,” Mayor Rahm Emanuel called on the director Friday to get to know more activiststo better understand what’s going on in Chicago. ( John Byrne )

“A lot of things have been said about this film by people who know nothing about the film,” Lee told assembled media.

“A lot of people have opinions about the so called title of the film,” he said. (Use of the phrase “so called title” suggests it may be a working title, but Lee did not clarify, nor did he answer questions from reporters.)

“So we thought it was appropriate that we say what the narrative is the filmmakers, the people doing this not people who are judging from afar and, again, don’t know what the hell they’re talking about.”

If only he had shared a little more about his ideas wholesale jerseys for the film itself. Who is in the cast or what it will be like genre wise or tonally. For now, we are still in the dark.

LettersPay attention to what film title impliesSee all related8 This is the first official confirmation of the movie (which will employ local crew members) and the first we’re hearing directly from the people involved. Lee himself has denied numerous interview requests over the past few weeks. You have to wonder if the intensity of the response to the movie’s title caught he and his collaborators off guard.

Whatever the reason, they waited a full month before addressing the pushback. In that intervening silence, many jumped to the conclusion that the film will be a grim story of violence in the Englewood neighborhood, and judging by Thursday remarks alone, you can see why that perception exists.

However, earlier this week ScreenDaily reported that the script is a modern day re imagining of the ancient Greek comedy In the bawdy original by Aristophanes, the women of Greece band together and withhold sex until their men put an end to war. The play is no escapist jape, but rather a savvy use of comedy to address serious themes about the extreme toll violence has on the men who fight and their families at home.

Lee version (which is being co written by Kevin Willmott, a filmmaker out of the University of Kansas) would purportedly update the action and set it in Chicago. If you’re familiar with the original play, this concept doesn’t seem outlandish. Or irresponsible in its treatment of violence. But how many people are indeed familiar with this Aristophanes work? It’s far from obscure but it’s not necessarily widely known and hasn’t been produced in Chicago for at least 10 years, if not longer.

His affiliation with “” only bolsters the notion that the movie might be close in spirit to Lee 1989 film the Right Thing,” which itself sparked controversy upon its release. That connection might prove to quell some concerns.Articles Connexes:

Leave a Reply

Your email address will not be published. Required fields are marked *

*

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>