archive

The decade Wall Street went insane

From the Cato Journal, a special issue on Restoring Global Financial Stability. From the International Journal of Economic Sciences and Applied Research, Boris Molochny (Pecs): Essay on International Financial Crisis and Endogenous Growth Theory; and Anke Mussig (St. Gallen): The Financial Crisis: Caused by Unpreventable or Organized Failures? A review of Crisis Economics: A Crash Course in the Future of Finance by Nouriel Roubini and Stephen Mihm (and more). A review of Unchecked and Unbalanced: How the Discrepancy between Knowledge and Power Caused the Financial Crisis and Threatens Democracy by Arnold Kling. More on More Money Than God by Sebastian Mallaby. A review of The Rise and Fall of Bear Stearns by Alan C. Greenberg with Mark Singer and Chasing Down Goldman Sachs: How the Masters of the Universe Melted Wall Street Down and Why They’ll Take Us to the Brink Again by Suzanne McGee. A review of The Devil’s Casino: Friendship, Betrayal, and the High-Stakes Games Played Inside Lehman Brothers by Vicky Ward. A review of The Zeroes: My Misadventures in the Decade Wall Street Went Insane by Randall Lane (and more and more). From n+1, who spent the money? An excerpt from Diary of a Very Bad Year: Confessions of an Anonymous Hedge Fund Manager (and more). Roger Lowenstein on public pension funds as the next crisis. From International Socialism, Joseph Choonara on Marxist accounts of the current crisis; a review of Zombie Capitalism: Global Crisis and the Relevance of Marx by Chris Harman; a review of Martin Wolf's Fixing Global Finance: How to Curb Financial Crises in the 21st Century; a review of New Capitalism? The Transformation of Work by Kevin Doogan; and a review of Means and Ends: The Idea of Capital in the West, 1500-1970 by Francesco Boldizzoni.