Description
Book SynopsisIn this myth-busting book Nouriel Roubini shows that everything we think about economics is wrong. Financial crises are not unpredictable ''black swans'', but an inherent part of capitalism. Only by remaking our financial systems to acknowledge this, can we get out of the mess we''re in.
Will there be another recession, and if so what shape? When will the next bubble occur? What can we do about it? Here Roubini gives the answers, and lists his commandments for the future.
Trade ReviewSuccinct, lucid and compelling ... essential reading -- Michiko Kakutani * The New York Times *
His was one of the few voices in the economics profession to have correctly predicted the crisis ... broad, well-argued and easy to digest * Independent *
This is a wake-up call * Observer *
Nouriel Roubini was right -- Paul Krugman * Time *
The seer who saw it coming * The New York Times *
The man known as "Dr Doom" has been hailed as a prophet * Financial Times *
The only professional economist who really predicted the crisis, and perhaps the only independent thinker in that business -- Nassim Nicholas Taleb
