I focus on fiction, sci-fi, fantasy, science, history, politics and read a lot. I try to review everything I read.
This is an excellently supported book that goes into extraordinary detail of the US economy from the period leading up to the great depression to the present. This is not a quick or easy listen. The author may be an expert in economics but he is not an expert writer. The book is very long and filled with annoying mixed metaphors (that are sometimes so bad they are funny), cliches repeated ad nauseam, and jumps wildly between temporally distant causes and effects and from one subject to another. Thus I can’t say this was a pleasure of a listen. Nevertheless the author makes quite a few really excellent points. The author shows extreme political independence casting blame and praise regardless of party. The book is also quite a downer, filled with doom and gloom with almost no way out. This book is filled with facts and statistics that are key to understanding our economic past and future. I did not agree with everything the author proposes (the gold standard), but I was surprised by how much I found quite convincing. Clearly this tomb is not for everyone. This is more than a bit dry and detailed oriented, yet I found it a very rational alternative view of modern economics,
I have read a bunch of books about the 2007 financial crash. By focusing on the people that made a lot of money from the crash, this book explains quite clearly the underlying causes of the crash. Unfortunately this book requires a bit of understanding of how markets and financial products work. If you have these basic understandings, this is the best of the bunch of books examining the 2007 crisis. Not only were the characters quite fun to read about, but the story helped explain the underlying causes of the crisis in an interesting and compelling way. I generally recommend this as a great place to start if you want to understand the mechanics of what happened in the financial crisis of 2007.