Overview

This is the most comprehensive and lucid guide to what happened and why. Bored with endless grandstanding and people being wise after the event? Then The Age of Instability is the one book you should read on the financial crisis. Setting the near collapse of the international financial markets and banking system in a global and historical context, Sunday Times Economics editor and bestselling author David Smith looks not only at the political and economic factors that contributed to the fall of Lehmans, collapse of Iceland and disintegration of the subprime mortgage market but also at the emergence of a culture of risk and greed that made it possible to believe that greed was good and the good times would last forever. It provides an authoritative yet accessible guide to what happened, where, and when with practical suggestions for what needs to happen next.

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9781846683114

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Reviews

'Precise and lucid' - Director Magazine 'Thought-provoking' - Larry Elliott, Guardian '..a guide through the treacherous and shifting landscape of the crisis...with excellent credentials...and a good eye for a telling quotation.' - Ed Crooks, Financial Times

Author Information

David Smith is economics editor of the Sunday Times and regularly comments on the radio and television on economics. He is the author of Free Lunch (9781846682636) and The Dragon and the Elephant (9781861978202) - both Profile.

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