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Readership: Academics, researchers, finance professionals, students, policy-makers, and general readers interested in
understanding more about the global financial crisis.
Hans-Werner Sinn, Professor of Economics and Public Finance, University of Munich, and President of Ifo Institute for Economic Research, Munich, Germany.
"an excellent point of reference." - Nick Taylor, London School of Economics Review of Books
"An entertaining and provocative book." - David Laidler, Professor of Economics, University of Western Ontario
"Highly recommended" - Barry Eichengreen, Professor of Economics, University of Berkeley
"Praise for the German edition:
A factually rich and clearly structured analysis" - FAZ, Gerald Braunberger
"Sinn's analysis is the most readable and best (popular science) account of the financial crisis that has yet appeared" - Sebastian Dullien, Financial Times
"One of the best books I've seen on the financial crisis. It is engagingly written and stands out for its precision and exceptional analytical depth." - Jean-Claude Trichet, President, European Central Bank
"This book is as gripping as a thriller and provides meticulous analysis instead of moralizing appeals. Recommended for everyone who wishes to understand the financial crisis and its consequences." - Clemens Fuest, Professor of Economics, Oxford University, Chairman of
German Finance Ministry Advisory Committee
"There are bad and good books on the financial crisis. And there is Hans-Werner Sinn's book, by far the best book on the subject - a book one wishes to have written oneself." - Wolfgang Wiegard, Professor of Economics, Member of the German Council of Economic Advisors
"Sinn proves again his deep and subtle expertise in global financial economics, which has contributed to his ranking among the most reputable economists of our times." - Andre Horovitz, Investment Banker
"It is a highly enjoyable read: warmly recommended not only for economists!" - Reint Gropp, Professor of Economics, Business School Oestrich-Winkel
1: The world in crisis
2: Life on credit
3: Bank failures
4: Why Wall Street became a gambling casino
5: Main Street also gambled
6: Hot potatoes
7: Policy failure
8: The extent of the damage
9: Rescue attempts
10: Will the West retain its stability?
11: Ways to a better banking system
Professor's Sinn's institutional webpage