Shortlisted for Financial Times/Goldman Best Business Book of the Year
Two Depression-era histories, two books by serving corporate bosses, a blow-by-blow assessment of the US authorities’ reaction to the financial crisis, and a manifesto for a new economic theory. The shortlist for the Financial Times and Goldman Sachs Business Book of the Year Award looks eclectic. But the six books together sum up what went wrong in the crisis and may provide a route map away from the error-strewn past...The crash-hit financiers and politicians of 70 or 80 years ago sound surprisingly similar to the 21st century policymakers and central bankers anatomised by David Wessel in his book, In Fed We Trust. One judge praised it as a “keenly observed” account of the build-up to last year’s US banking crisis. Read more here.
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