"A fascinating behind-the-scenes account of misguided government policies and corruption, which along with an unregulated shadow banking system, led to the 2008 financial crisis and may be leading us to a new crisis. Written by two bank executives with firsthand experience of several financial crises, Nothing is Too Big to Fail holds a stiff warning about the future of finance and social justice-revealing how the US government's fiscal and monetary...

As the special inspector general in charge of overseeing the distribution of the bailout money, Neil Barofsky found that the officials at the Treasury Department were in thrall to the interests of big banks. In vivid detail he reveals how they failed to hold the banks accountable even as they disregarded major job losses and refused to help struggling homeowners.

"From the climate crisis to the opioid crisis to the Coronavirus crisis, the language of crisis is everywhere around us and ubiquitous in contemporary American politics and policymaking. But for every problem that political actors describe as a crisis, there are myriad other equally serious ones that are not described in this way. Why has the term crisis been associated with some problems but not others? What has crisis come to mean, and what work...

The years since the Great Crisis of 2008 have seen slow growth, high unemployment, falling home values, chronic deficits, a deepening disaster in Europe--and a stale argument between two false solutions, "austerity" on one side and "stimulus" on the other. Galbraith argues that the 1970s already ended the age of easy growth. The Great Crisis should be seen as a turning point, a barometer of the rise of unstable economic conditions, which should be...

A look at why the worst economy since the 1930s has brought about the revival of conservatism.

"From the three primary architects of the American policy response to the worst economic catastrophe since the Great Depression, a magnificent big-picture synthesis--from why it happened to where we are now In 2018, Ben Bernanke, Tim Geithner, and Hank Paulson came together to reflect on the lessons of the 2008 financial crisis ten years on. Recognizing that, as Ben put it, "the enemy is forgetting," they examine the causes of the crisis, why it was...

""The deepest economic crisis in eighty years prompted a shallow revival of Marxism," writes Benjamin Kunkel of the 2008 recession--and the shallowness was undoubtedly a result of the complex, sometimes difficult nature of contemporary Marxist thought. Enter Kunkel's Utopia or Bust, which leads the uninitiated reader through the biggest names in critical political theory today. Written with the wit and verve of a novelist, Utopia or Bust engages...

The financial meltdown from the perspective of a number of players: Michael Burry, a bizarre autistic-like stock-picking genius, and the first to realize that the market's housing boom is based on a "house of cards" sham; Mark Baum, self-loathing fictional character whose firm picks up insider trading information from a wrong number phone call; Jared Vennet, a smart-aleck broker who confirms the ominous suspicion; and Charlie Gellar and Jamie Shipley,...