The Big Short: Inside the Doomsday Machine [Read online]
The #1 New York Times bestseller: “It is the work of our greatest financial journalist, at the top of his game. “—Graydon Carter, Vanity Fair The real story of the crash began in bizarre feeder markets where the sun doesn’t shine and the SEC doesn’t dare, or bother, to tread: the bond and real estate derivative markets where geeks invent impenetrable securities to profit from the misery of lower- and middle-class Americans who can’t pay their debts. Michael Lewis creates a fresh, character-driven narrative brimming with indignation and dark humor, a fitting sequel to his #1 bestseller Liar’s Poker.
The Road to Ruin [Read online]
A drumbeat is sounding among the global elites. This time, the elites have an audacious plan to protect themselves from the fallout: hoarding cash now and locking down the global financial system when a crisis hits. The global elites don’t want this book to exist.
The Big Short. Film Tie-In [Read online]
stock market crash became public knowledge in the fall of 2008‚ it was already old news. The real crash‚ the silent crash‚ had taken place over the previous year in bizarre feeder markets where the sun doesn’t shine and the SEC doesn’t bother to tread: bond and real estate derivative markets where geeks invent securities to profit from the misery of those who can’t pay their debts. Who saw it coming‚ and made billions.
And the Weak Suffer What They Must?
He was appointed finance minister and, in the whirlwind five months that followed, everything he had warned about—the perils of the euro’s faulty design, the European Union’s shortsighted austerity policies, financialized crony capitalism, American complicity and rising authoritarianism—was confirmed as the troika” (the European Central Bank, International Monetary Fund, and European Commission) stonewalled his efforts to resolve Greece’s economic crisis. Here, Varoufakis delivers a fresh look at the history of Europe’s crisis and America’s central role in it. He presents the ultimate case against austerity, proposing concrete policies for Europe that are necessary to address its crisis and avert contagion to America, China, and the rest of the world.
This Time Is Different: Eight Centuries of Financial Folly [Read online]
With this breakthrough study, leading economists Carmen Reinhart and Kenneth Rogoff definitively prove them wrong. While countries do weather their financial storms, Reinhart and Rogoff prove that short memories make it all too easy for crises to recur. An important book that will affect policy discussions for a long time to come, This Time Is Different exposes centuries of financial missteps.
Icelanders wanted to stop fishing and become investment bankers. The Irish wanted to stop being Irish. Michael Lewis’ investigation of bubbles across Europe is brilliantly, sadly hilarious.
Debunking Economics – Revised and Expanded Edition: The Naked Emperor Dethroned? [Read online]
Debunking Economics- Revised and Expanded Edition, now including a downloadable supplement for courses,exposes what many non-economists may have suspected and a minority of economists have long known: that economic theory is not only unpalatable, but also plain wrong. When the original Debunking Economicswas published back in 2001, the market economy seemed invincible, and conventional “neoclassical” economic theory basked in the limelight. Essential for anyone who has ever doubted the advice or reasoning of economists, Debunking Economics- Revised and Expanded Edition provides a signpost to a better future.
The Global Minotaur: America, Europe and the Future of the Global Economy (Economic Controversies) [Read online]
‘ Daily Telegraph ‘A spirited book. ‘ New Yorker In this remarkable and provocative book, Yanis Varoufakis, former finance minister of Greece, explodes the myth that financialisation, ineffectual regulation of banks, greed and globalisation were the root causes of both the Eurozone crisis and the global economic crisis. Today’s deepening crisis in Europe is just one of the inevitable symptoms of the weakening Minotaur; of a global system which is now as unsustainable as it is imbalanced.