Why am I passionate about this?
How did I – as a scholar of German literature – turn to economic topics? That had a certain inevitability. When I left for Paris in the early nineties, reading traces of anthropological knowledge in literature and aesthetics of the 18th century, I came across economic ideas on almost every page, in natural history, in medicine, in philosophy, in encyclopedias, in the theories of signs and in the teachings of beauty. There was circulation, communication, flows of exchange all over the place, and the Robinsons were the model. This reinforced the impression that the human being was engaged in aligning himself with homo oeconomicus. The question of modern economics has therefore become unavoidable for me.
Joseph's book list on the political power of contemporary finance
Why did Joseph love this book?
Focusing on the financial crisis of 2008 Adam Tooze’s book shows the transition from a geopolitical to a geo-economic world order in which the political destiny of old nation states is determined by the needs of international financial industry – including the rearrangement of global governance and the erosion of democracies.
I admire the way in which Adam Tooze demonstrates the entanglement between financial capitalism, crises, and the rise of populist and right-wing movements in Europe and the US.
3 authors picked Crashed as one of their favorite books, and they share why you should read it.
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…