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For a very readable book on the recent crisis I recommend The Big Short, Michael Lewis: from an Amazon review:

Lewis writes a compelling narrative. It will increase your understanding of the financial shenanigans, and possibly deepen your cynicism about Wall Street. But you will find this story fascinating. It reads just as well as a good novel. Too bad it's not fiction.

For the politics: Profit Over People, Noam Chomsky; from a review by someone of about the same age:


Chomsky's Profit Over People is an insighful and at times shocking analysis of the true motives and practices of multinational corporations and the governement economic policies they operate within. Chomsky spares no time in hammering his message against the concentration of power in the hands of the few through the use of several detailed case studies. As a student of economics and finance at Oklahoma State University, this book caused me to step back and question the very foundation of Smith's free market theory which has comprised my studies thus far. As a reader, I became disgusted by the prospect of private interests having the ability to manipulate the world economy, government policy, and the subposively "free" press to serve their own greed-driven interests while watching the masses suffer.

The excellent: 23 Things They Don't Tell You About Capitalism, Ha-Joon Chang

in which he presents the mainstream views then tears them apart with convincing evidence.

Maybe it's because I'm a Londoner - that I moved to Nice.

by Ted Welch (tedwelch-at-mac-dot-com) on Wed Nov 20th, 2013 at 06:20:06 PM EST
Lewis is always a good read, though I would recommend Liar's Poker over The Big Short.

And I'd recommend reading The Great Crash 1929 before either of Lewis' books. Lewis tells the story of that which is different, but that story is best understood through the perspective granted by the story of that which is the same.

- Jake

Friends come and go. Enemies accumulate.

by JakeS (JangoSierra 'at' gmail 'dot' com) on Thu Nov 21st, 2013 at 06:58:46 AM EST
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Both of Lewis books are worth a read. That said, I prefer his shorter essays in Vanity fair etc where he delivers his points bam bam bam, rather than losing them in amongst the flow of entertainingly recited events

keep to the Fen Causeway
by Helen (lareinagal at yahoo dot co dot uk) on Thu Nov 21st, 2013 at 07:59:47 AM EST
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