Crashed

Crashed

With a historian’s eye for detail, connection, and consequence, Adam Tooze brings the story right up to today’s negotiations, actions, and threats—a much-needed perspective on a global catastrophe and its long-term consequences.

Author: Adam Tooze

Publisher: National Geographic Books

ISBN: 9780143110354

Category: Business & Economics

Page: 0

View: 669

WINNER OF THE LIONEL GELBER PRIZE A NEW YORK TIMES NOTABLE BOOK OF 2018 ONE OF THE ECONOMIST'S BOOKS OF THE YEAR A NEW YORK TIMES CRITICS' TOP BOOK "An intelligent explanation of the mechanisms that produced the crisis and the response to it...One of the great strengths of Tooze's book is to demonstrate the deeply intertwined nature of the European and American financial systems."--The New York Times Book Review From the prizewinning economic historian and author of Shutdown and The Deluge, an eye-opening reinterpretation of the 2008 economic crisis (and its ten-year aftermath) as a global event that directly led to the shockwaves being felt around the world today. We live in a world where dramatic shifts in the domestic and global economy command the headlines, from rollbacks in US banking regulations to tariffs that may ignite international trade wars. But current events have deep roots, and the key to navigating today’s roiling policies lies in the events that started it all—the 2008 economic crisis and its aftermath. Despite initial attempts to downplay the crisis as a local incident, what happened on Wall Street beginning in 2008 was, in fact, a dramatic caesura of global significance that spiraled around the world, from the financial markets of the UK and Europe to the factories and dockyards of Asia, the Middle East, and Latin America, forcing a rearrangement of global governance. With a historian’s eye for detail, connection, and consequence, Adam Tooze brings the story right up to today’s negotiations, actions, and threats—a much-needed perspective on a global catastrophe and its long-term consequences.
Categories: Business & Economics

Crashed

Crashed

Crashed is a brilliantly original and assured analysis of what happened and how we were rescued from something even worse - but at a price which continues to undermine democracy across Europe and the United States.

Author: Adam Tooze

Publisher: Allen Lane

ISBN: 1846140366

Category:

Page: 720

View: 586

'A landmark book' Observer The definitive history of the Great Financial Crisis, from the acclaimed author of The Deluge and The Wages of Destruction. In September 2008 the Great Financial Crisis, triggered by the collapse of Lehman brothers, shook the world. A decade later its spectre still haunts us. As the appalling scope and scale of the crash was revealed, the financial institutions that had symbolised the West's triumph since the end of the Cold War, seemed - through greed, malice and incompetence - to be about to bring the entire system to its knees. Crashed is a brilliantly original and assured analysis of what happened and how we were rescued from something even worse - but at a price which continues to undermine democracy across Europe and the United States. Gnawing away at our institutions are the many billions of dollars which were conjured up to prevent complete collapse. Over and over again, the end of the crisis has been announced, but it continues to hound us - whether in Greece or Ukraine, whether through Brexit or Trump. Adam Tooze follows the trail like no previous writer and has written a book compelling as history, as economic analysis and as political horror story.
Categories:

Made in Germany

Made in Germany

One could argue that two world-historical developments are behind this renewed interest in materialism. ... 36 See here Adam Tooze, Crashed: How a Decade of Financial Crises Changed the World, New York 2018. longer a case of ...

Author: Galili Shahar

Publisher: Wallstein Verlag

ISBN: 9783835345751

Category: History

Page: 340

View: 481

Technologien und ihr Einfluss auf Mensch, Gesellschaft und Kultur in der Moderne. Was wir heute als Moderne bezeichnen, ist nicht zuletzt eine Epoche der Technologie. Individuen und Gesellschaften erfuhren durch technologische Erfindungen und Produktionen eine tiefgreifende Umgestaltung, neue Maschinen veränderten Arbeit und Kriegführung, Wohnen und Mobilität, Sprache und Kommunikation sowie soziale und wirtschaftliche Beziehungen. Die Autorinnen und Autoren des Tel Aviver Jahrbuchs 2020 fragen nach den historischen Bedingungen und Konsequenzen der modernen Technologien: Wie haben die neuen Maschinen die Modi des Lebens und des Schreibens in Deutschland und anderswo beeinflusst?
Categories: History

A Decade of Disruption

A Decade of Disruption

Financial Crisis Inquiry Commission, Financial Crisis Inquiry, 104; Alan S. Blinder, After the Music Stopped: The ... 2010), 127—28; Adam Tooze, Crashed: How a Decade of Financial Crises Changed the World (New York: Viking, 2018), 171.

Author: Garrett Peck

Publisher: Simon and Schuster

ISBN: 9781643134451

Category: History

Page: 368

View: 114

An eye-opening history evoking the disruptive first decade of the twenty-first century in America. Dubya. The 9/11 terrorist attacks. Enron and WorldCom. The Iraq War. Hurricane Katrina. The disruptive nature of the internet. An anxious aging population redefining retirement. The gay community demanding full civil rights. A society becoming ever more “brown.” The housing bubble and the Great Recession. The historic election of Barack Obama—and the angry Tea Party reaction. The United States experienced a turbulent first decade of the 21st century, tumultuous years of economic crises, social and technological change, and war. This “lost decade” (2000–2010) was bookended by two financial crises: the dot-com meltdown, followed by the Great Recession. Banks deemed “too big to fail” were rescued when the federal government bailed them out, but meanwhile millions lost their homes to foreclosure and witnessed the wipeout of their retirement savings. The fallout from the Great Recession led to the hyper-polarized society of the years that followed, when populists ran amok on both the left and the right and Americans divided into two distinct tribes. A Decade of Disruption is a timely re-examination of the recent past that reveals how we’ve arrived at our current era of cultural division.
Categories: History

The Legacy of the Global Financial Crisis

The Legacy of the Global Financial Crisis

After the Crash: Financial Crises and Regulatory Responses . New York : Columbia University Press . Tooze , Adam . 2018. Crashed: How a Decade of Financial Crises Changed the World . London : Allen Lane . Van der Wee , Herman . 1986.

Author: Youssef Cassis

Publisher: Bloomsbury Publishing

ISBN: 9780755626649

Category: Political Science

Page: 240

View: 813

Much has been written on the financial crisis of 2008 – the most severe economic downturn since the Great Depression – analysing its causes and the risks for the future of the global economy. This book takes an alternative approach which focuses on the legacy of the global financial crisis, what is remembered and what lessons have been drawn from it. This volume provides perspectives on this legacy from a variety of contributors including central bankers, regulators, politicians, academics, and journalists. They offer insight into what remains of the crisis in terms of public and industry awareness, changes to the post-2008 financial architecture, lessons from the national experiences of highly exposed small economies, and considers this legacy in terms of oversight by regulatory regimes. These diverse perspectives are drawn together here to ask how we can ensure that these lessons will be transmitted to the new generation of global financiers.
Categories: Political Science

Moralizing Capitalism

Moralizing Capitalism

Experiences of crisis in the wake of financial turmoil in 2007 have led to critical interventions by social ... finally Adam Tooze's Crashed: How a Decade of Financial Crises Changed the World (2018) analyse the experience of crises and ...

Author: Stefan Berger

Publisher: Springer

ISBN: 9783030205652

Category: History

Page: 329

View: 357

This book adds a crucial focus on morality to the growing literature on the history of capitalism by exploring social and cultural perspectives on the economic order that has dominated the modern world. Taking the study beyond narrow economic confines, it traces the entanglement between moral sentiments and capitalism, examining both moral critiques and moral justifications. Company bankruptcies, systems of taxation, wealth, and the running of stock exchanges were attacked on moral grounds, while ideas of economic justice and the humanization of capitalism loomed large over moral critiques. Many movements, from antislavery to labour campaigns, were inspired by aspirations to improve capitalism and halt the moral decay that was felt to have affected large sections of society. This book questions how moral sentiments are defined and have changed over time, and how these relate to both capitalism and anti-capitalism. Covering a range of different social movements and ethical issues, the 13 chapters present a moral history of capitalism, understood not simply as an economic system but as an order that encompasses all areas of modern life.
Categories: History

Understanding Financial Crises

Understanding Financial Crises

Crashed: How a Decade of Financial Crises Changed the World. London: Penguin Books. Tridico, P. (2012). Financial Crisis and Global Imbalances: Its Labor Market Origins and the Aftermath. Cambridge Journal of Economics 36(1): 17–42.

Author: Ensar Yılmaz

Publisher: Routledge

ISBN: 9781000163421

Category: Business & Economics

Page: 246

View: 750

Incorporating a broad range of economic approaches, Understanding Financial Crises explores the merits of various arguments and theories which have been used to explain the causes of financial crises. The book explores eight of these different explanations: underconsumption, debt accumulation, financialization, income inequality, financial fragility, tendency of rate of profit to fall, human behavior, and global imbalances. The introduction provides a brief overview of each argument along with a comparison of their relative merits. Each chapter then introduces one of the arguments, explores a historical case, and focuses on the insights that can be gleaned into the global crisis in 2007–2008. The book draws on insights from various schools of thought including post-Keynesian economics, Marxist economics, behavioral economics, neoclassical economics, and more, to provide a pluralist overview of the causes of economic crises in general and the Great Recession in particular. This book marks a significant contribution to the literature on economic and financial crises, political economy and heterodox economics. It is well suited to academicians, practitioners, and financial analysts working within the relevant fields.
Categories: Business & Economics

Remembering and Learning from Financial Crises

Remembering and Learning from Financial Crises

they all have resonance for the world of finance . 8 9 Adam Tooze ( 2018 ) Crashed . How a Decade of Financial Crises Changed the World , London : Viking Ulrike Malmendier and Stefan Nagel ( 2011 ) ' Depression babies : Do macroeconomic ...

Author: Youssef Cassis

Publisher: Oxford University Press

ISBN: 9780192643957

Category: Business & Economics

Page: 240

View: 836

The chapters in this book reflect on people's relationships with past financial crises - from public opinion to business leaders and policy makers. In connection with financial crises, Remembering and Learning from Financial Crises addresses three fundamental questions: first, are financial crises remembered, and if so how? Second, have lessons been drawn from past financial crises? And third, have past experiences been used in order to make practical decisions when confronted with a new crisis? These questions are of course related, yet they have been approached from different historical perspectives, using methodologies borrowed from different academic disciplines. One of the objectives of this book is to explore how these approaches can complement each other in order to better understand the relationships between remembering and learning from financial crises and how the past is used by financial institutions. It thus recognises financial crisis as a recurring phenomenon and addresses the impact that this has in a range of public and policy contexts.
Categories: Business & Economics

War in Europe

War in Europe

42 Adam Tooze, Crashed: How a Decade of Financial Crises Changed the World, Londres: Penguin Random House, p.233. 43 Ibid., pp.227–238. 44 See for example the polling conducted by IRI and Fondapol on 65 democracies in the world ...

Author: Thibault Muzergues

Publisher: Routledge

ISBN: 9781000536584

Category: Political Science

Page: 352

View: 254

In this highly provocative and documented book, Thibault Muzergues describes how war in Europe is now more likely than it has been for at least the past 30 years, how it might come back to Europe and what Europeans can do to avoid getting drawn again in fratricide conflicts. Many consider Europe a continent of peace, with NATO guaranteeing its security and the EU providing the political glue for a Europe Whole and Free. But what if this was not the case anymore? What if, after a decade of crisis, today’s Europe was much more fragile than we thought? The author challenges our assumptions about peace in Europe and forces us to face the realities of a world that has become much more dangerous. Far from being apocalyptic, this book serves as an advance warning to the dangers, both internal and external that are now closing in on Europe – and suggests solutions to avoid them. This book will be key reading for those interested in European politics and history, the European Union, security, and strategic studies, and more broadly to current affairs and international relations.
Categories: Political Science

One Road Many Dreams

One Road  Many Dreams

In his new book, Crash: How a Decade of Financial Crisis Changed the World, Adam Tooze guides us through these momentous events in which the Chinese government agreed to an increase in spending amounting to 12.5 per cent of GDP, ...

Author: Daniel Drache

Publisher: Bloomsbury Publishing

ISBN: 9781912392063

Category: History

Page: 288

View: 329

One Belt, One Road is China's bold plan to remake the global economy. It's an ambitious strategy with a $2 trillion – and rising – budget. The objective? To challenge the existing economic and political world order. One Road, Many Dreams reveals the true extent of China's ambition, analyses the impact of the One Belt, One Road initiative and assesses its chances of success and failure. This is the Asian century and China has a plan – to remake the world economy. Under its audacious One Belt, One Road strategy, China is investing trillions of dollars in hundreds of projects all around the globe. It's buying up ports, building transport networks and constructing major infrastructure. From hydroelectric plants to oil pipelines, China supplies the labour if needed, the raw materials and the finance, creating customers and boosting its own economy in the process. More than 80 nations have already joined China's increasingly less exclusive club and by 2049, when One Belt, One Road is set to end, its number of members is likely to rival the UN. So far, China has exercised its soft power of debt diplomacy and financial might shrewdly, serving the planet's overlooked middle-income and poor countries. The rest of the world needs to wake up because the scale of One Belt, One Road is unprecedented. Its implications for the global structure of power are potentially seismic as the geopolitical ties between Europe and Asia deepen. Written by three highly regarded political economists, One Road, Many Dreams examines the One Belt, One Road initiative from all angles. It looks at the projects and the players, the alliances and the governance. It explores the opportunities for China and the threat to the West, particularly for Trump's isolationist US administration. At home and abroad, China is staking its credibility as a superpower on One Belt, One Road. Its resources appear limitless, but One Road, Many Dreams asks a tough question: has China overreached? Or can it really pull this off and remake the world economy in its own interests?
Categories: History