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Crisis Economics by Nouriel Roubini and Stephen Mihm
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Crisis Economics

By Nouriel Roubini and Stephen Mihm

By Nouriel Roubini and Stephen Mihm

By Nouriel Roubini and Stephen Mihm

By Nouriel Roubini and Stephen Mihm

By Nouriel Roubini and Stephen Mihm
Read by L. J. Ganser

By Nouriel Roubini and Stephen Mihm
Read by L. J. Ganser

Best Seller

Category: Economics

Category: Economics

Category: Economics | Audiobooks

Paperback $20.00

Apr 26, 2011 | ISBN 9780143119630

Ebook $14.99

May 11, 2010 | ISBN 9781101427422

Audiobook Download $22.50

May 13, 2010 | 816 Minutes

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    Crisis Economics by Nouriel Roubini and Stephen Mihm
    Paperback $20.00
    Apr 26, 2011 | ISBN 9780143119630

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    • Paperback $20.00

      Apr 26, 2011 | ISBN 9780143119630

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      May 11, 2010 | ISBN 9781101427422

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    About Crisis Economics

    The New York Times bestseller

    “A succinct, lucid and compelling account . . . Essential reading.” -Michiko Kakutani, The New York Times

    Renowned economist Nouriel Roubini electrified the financial community by predicting the 2008 crisis before others in his field saw it coming. This myth-shattering book reveals the methods he used to foretell the current crisis and shows how those methods can help us make sense of the present and prepare for the future. Using an unconventional blend of historical analysis with masterful knowledge of global economics, Nouriel Roubini and Stephen Mihm, a journalist and professor of economic history, present a vital and timeless book that proves calamities to be not only predictable but also preventable and, with the right medicine, curable.

    About Crisis Economics

    This myth shattering book reveals the methods Nouriel Roubini used to foretell the current crisis before other economists saw it coming and shows how those methods can help us make sense of the present and prepare for the future.

    Renowned economist Nouriel Roubini electrified his profession and the larger financial community by predicting the current crisis well in advance of anyone else. Unlike most in his profession who treat economic disasters as freakish once-in-­a-lifetime events without clear cause, Roubini, after decades of careful research around the world, realized that they were both probable and predictable. Armed with an unconventional blend of historical analysis and global economics, Roubini has forced politicians, policy makers, investors, and market watchers to face a long-neglected truth: financial systems are inherently fragile and prone to collapse.

    Drawing on the parallels from many countries and centuries, Nouriel Roubini and Stephen Mihm, a professor of economic history and a New York Times Magazine writer, show that financial cataclysms are as old and as ubiquitous as capitalism itself. The last two decades alone have witnessed comparable crises in countries as diverse as Mexico, Thailand, Brazil, Pakistan, and Argentina. All of these crises-not to mention the more sweeping cataclysms such as the Great Depression-have much in common with the current downturn. Bringing lessons of earlier episodes to bear on our present predicament, Roubini and Mihm show how we can recognize and grapple with the inherent instability of the global financial system, understand its pressure points, learn from previous episodes of “irrational exuberance,” pinpoint the course of global contagion, and plan for our immediate future. Perhaps most important, the authors-considering theories, statistics, and mathematical models with the skepticism that recent history warrants—explain how the world’s economy can get out of the mess we’re in, and stay out.

    In Roubini’s shadow, economists and investors are increasingly realizing that they can no longer afford to consider crises the black swans of financial history. A vital and timeless book, Crisis Economics proves calamities to be not only predictable but also preventable and, with the right medicine, curable.

    About Crisis Economics

    This myth shattering book reveals the methods Nouriel Roubini used to foretell the current crisis before other economists saw it coming and shows how those methods can help us make sense of the present and prepare for the future.

    Renowned economist Nouriel Roubini electrified his profession and the larger financial community by predicting the current crisis well in advance of anyone else. Unlike most in his profession who treat economic disasters as freakish once-in-­a-lifetime events without clear cause, Roubini, after decades of careful research around the world, realized that they were both probable and predictable. Armed with an unconventional blend of historical analysis and global economics, Roubini has forced politicians, policy makers, investors, and market watchers to face a long-neglected truth: financial systems are inherently fragile and prone to collapse.

    Drawing on the parallels from many countries and centuries, Nouriel Roubini and Stephen Mihm, a professor of economic history and a New York Times Magazine writer, show that financial cataclysms are as old and as ubiquitous as capitalism itself. The last two decades alone have witnessed comparable crises in countries as diverse as Mexico, Thailand, Brazil, Pakistan, and Argentina. All of these crises-not to mention the more sweeping cataclysms such as the Great Depression-have much in common with the current downturn. Bringing lessons of earlier episodes to bear on our present predicament, Roubini and Mihm show how we can recognize and grapple with the inherent instability of the global financial system, understand its pressure points, learn from previous episodes of “irrational exuberance,” pinpoint the course of global contagion, and plan for our immediate future. Perhaps most important, the authors-considering theories, statistics, and mathematical models with the skepticism that recent history warrants—explain how the world’s economy can get out of the mess we’re in, and stay out.

    In Roubini’s shadow, economists and investors are increasingly realizing that they can no longer afford to consider crises the black swans of financial history. A vital and timeless book, Crisis Economics proves calamities to be not only predictable but also preventable and, with the right medicine, curable.

    Read An Excerpt

    Read An Excerpt

    Read An Excerpt

    About Nouriel Roubini

    Nouriel Roubini is a professor of economics at New York University’s Stern School of Business. He has extensive senior policy… More about Nouriel Roubini

    About Stephen Mihm

    Stephen Mihm writes on economic and historical topics for The New York Times Magazine, The Boston Globe, and other publications. The… More about Stephen Mihm

    About Nouriel Roubini

    Nouriel Roubini is a professor of economics at New York University’s Stern School of Business. He has extensive senior policy… More about Nouriel Roubini

    About Stephen Mihm

    Stephen Mihm writes on economic and historical topics for The New York Times Magazine, The Boston Globe, and other publications. The… More about Stephen Mihm

    About Nouriel Roubini

    Nouriel Roubini is a professor of economics at New York University’s Stern School of Business. He has extensive senior policy… More about Nouriel Roubini

    About Stephen Mihm

    Stephen Mihm writes on economic and historical topics for The New York Times Magazine, The Boston Globe, and other publications. The… More about Stephen Mihm

    Product Details

    Category: Economics

    Paperback | $20.00
    Published by Penguin Books
    Apr 26, 2011 | 368 Pages | 5-1/2 x 8-7/16 | ISBN 9780143119630

    Category: Economics

    Ebook | $14.99
    Published by Penguin Books
    May 11, 2010 | 368 Pages | ISBN 9781101427422

    Category: Economics | Audiobooks

    Audiobook Download | $22.50
    Published by Penguin Audio
    May 13, 2010 | 816 Minutes | ISBN 9781101100462
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    Praise

    “A succinct, lucid and compelling account of the causes and consequences of the great meltdown of 2008… essential reading for anyone interested in getting a crisp, if opinionated, overview of how the global financial system seized up in the fall of 2008 and what may happen in the months and years to come if serious reforms and new regulations are not embraced.”—Michiko Kakutani, The New York Times

    “A rigorous yet highly readable look at why booms and busts occur and how to keep them from wreaking havoc on the real economy”—Bloomberg

    “An impressive, timely argument on behalf of transparency and stability for a financial system conspicuously lacking both.”—Kirkus Reviews

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