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Article
The Forgotten History of the Financial Crisis
What the World Should Have Learned in 2008
Foreign Affairs,
2018
Recommendation
Historian Adam Tooze drills down into the real causes of the global financial crisis in this enlightening chronicle of little-known 2007–2008 events. He convincingly posits that, as the crisis spread across the world at great speed, the quick actions of the US Federal Reserve averted a worldwide financial collapse. getAbstract recommends that analysts, investors and executives read this in-depth yet highly accessible account of what former Fed chair Ben Bernanke called “the worst financial crisis in global history, including the Great Depression.”
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About the Author
Adam Tooze is a history professor at Columbia University, where he leads the European Institute.
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