EAN: 9780691152639

FAULT LINES - RAGHURAM G RAJAN KARTONIERT (TB)

Fault Lines provides an excellent analysis of the lessons to be learned from the financial
crisis  and the difficult choices that lie ahead. Of the many books written in the wake of our
recent economic meltdown  this is the one that gets it right.--George A. Akerlof  coauthor of
Animal Spirits and Identity Economics Amidst the welter of books about our financial crisis 
Rajan's book stands out for several reasons: the author's intellectual distinction  his
academic and real-world involvement in the problems of finance and the macroeconomy  his global
perspective  his search for the roots of the financial crisis in America's growing economic
inequality  and also his prescience. In 2005  Rajan foresaw the coming financial collapse--and
was fiercely criticized for his insight.--Richard A. Posner  author of A Failure of Capitalism:
The Crisis of '08 and the Descent into Depression Beautifully clear  cogent  and highly
readable. This is the best book out there on the global imbalances that gave us the last
financial crisis and might well give us the next one.--Kenneth S. Rogoff  coauthor of This Time
Is Different: Eight Centuries of Financial Folly

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