This myth-shattering book reveals the methods Roubini used to foretell the current crisis before other economists saw it coming and shows how those methods can help to make sense of the present and prepare for the future.
In 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? And what can we do about it? Here Roubini gives the answers, and lists his commandments for the future.
Succinct, 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
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