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The Great Crashes

Lessons from Global Meltdowns and How to Prevent Them
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Book Hero Magic crafted this summary to help describe this book. While it's new and still learning, it may not be perfect - your feedback is welcome! Summary
The Great Crashes by Linda Yueh examines the economic crises that have shaped the modern world. It delves into the causes, consequences, and lessons learned from major financial downturns throughout history, providing insights into how to prevent future collapses. The book balances historical analysis with contemporary relevance, making it an essential read for understanding the dynamics of economic stability.
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Format: Paperback / softback
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Book Hero Magic created this recommendation. While it's new and still learning, it may not be perfect - your feedback is welcome! IS THIS YOUR NEXT READ?

If you're intrigued by the dynamics of economic downturns and keen on understanding the factors that contribute to major financial crashes, you may find this book engaging. It offers insightful analysis and explores how past economic failures can inform future policies and practices, appealing to those interested in economics and history.

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The Great Crashes

Book Hero Magic formatted this description to make it easier to read. While it's new and still learning, it may not be perfect - your feedback is welcome! Description

A fascinating one-stop account of recent financial crashes, what lessons we can learn from them, and where the next one will come from.

Since America's Wall Street Crash of 1929, the global economy has weathered the most tumultuous century in financial history. From the currency crises of the 1980s, to Japan's housing meltdown, the dot com boom and bust, the global financial crash, and the COVID pandemic, crash after crash have sent shockwaves through our world.

The Great Crashes tells the stories of ten of these historic financial events. They serve as a series of cautionary tales, each with their own set of lessons to be learnt. With clear-eyed analysis, renowned economist Professor Linda Yueh uses these meltdowns to extract a critical three-step framework to help recognise the early signs of a crash, mitigate the effects, and even prevent them in the future.

There is very little that is certain in economics, except for this: there will be another financial crisis. Yueh exclusively predicts the next and shows how her framework could contain it. Combining her in-depth knowledge with her compelling storytelling, The Great Crashes is essential reading that offers urgent lessons for the modern world.

Book Hero Magic summarised reviews for this book. While it's new and still learning, it may not be perfect - your feedback is welcome! HOW HAS THIS BEEN REVIEWED?

Linda Yueh's book offers a compelling analysis of major economic disasters over the last century, praised for its engaging and accessible writing. It combines historical insight with cogent analysis to derive lessons that may help prevent future crashes. Reviewers appreciate its relevance, given current global challenges, and commend Yueh's effort in providing a lucid framework to understand financial crises.

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Book Details

INFORMATION

ISBN: 9780241422762

Publisher: Penguin Books Ltd

Format: Paperback / softback

Date Published: 18 May 2023

Country: United Kingdom

Imprint: Penguin Business

Audience: Tertiary education, Professional and scholarly

DIMENSIONS

Spine width: 24.0mm

Width: 152.0mm

Height: 232.0mm

Weight: 320g

Pages: 256

About the Author

Linda Yueh is Fellow in Economics at St Edmund Hall, University of Oxford and Adjunct Professor of Economics at London Business School. She is also Visiting Professor at LSE IDEAS and was Visiting Professor of Economics at Peking University. The former Economics Editor at Bloomberg TV, she also hosted Talking Business with Linda Yueh as Chief Business Correspondent for BBC News. She writes for The Times, The New York Times, and the Financial Times and has advised the World Economic Forum in Davos, the World Bank, the European Commission and the Asian Development Bank. She has recently been appointed by HM Treasury to the Independent Review Panel on Ring-fencing and Proprietary Trading, to examine banking crises and advise the government on mitigating the next one. She is the author of two books; The Great Economists and The Great Crashes.

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