11 books directly related to the financial crisis of 2007–2008 📚

All 11 financial crisis of 2007–2008 books as recommended by authors and experts. Updated weekly.

Book cover of They Ask, You Answer: A Revolutionary Approach to Inbound Sales, Content Marketing, and Today's Digital Consumer

They Ask, You Answer: A Revolutionary Approach to Inbound Sales, Content Marketing, and Today's Digital Consumer

By Marcus Sheridan,

Why this book?

Marcus Sheridan built a multi-million dollar business by doing one thing really well – he listened to his customer’s questions and then answered them online. Simple, right? Well, the strategy works. In this book, Marcus lays out the particulars for how content creators can leverage this strategy in their own organization and what the impact might be.

From the list:

The best books on content creation and content marketing

Book cover of J R

J R

By William Gaddis,

Why this book?

I read J R the first time in college, and it was the ideal combination of challenging, cynical, illuminating – and hilarious. The novel is a cult classic among well-read Wall Street types, but be warned: it’s 726 pages of almost entirely dialogue, with not much to guide you about who is speaking or where. Once you figure out what Gaddis is up to, the writing becomes immersive and you join a wild ride with the eponymous sixth-grader, who uses the school’s payphone between classes to trade surplus picnic forks, free catalog samples, and eventually controlling stakes in major companies.…

From the list:

The best books on financial schemes

Book cover of Fool’s Gold: How Unrestrained Greed Corrupted a Dream, Shattered Global Markets and Unleashed a Catastrophe

Fool’s Gold: How Unrestrained Greed Corrupted a Dream, Shattered Global Markets and Unleashed a Catastrophe

By Tett Gillian,

Why this book?

The global financial crisis that erupted in 2008 was a shocking event. Britain’s cash machines came within a few hours of stopping working, and the global banking system would have collapsed were it not for unprecedented multi-billion-dollar government bail-outs. Gillian Tett, trained as an anthropologist, became a financial journalist but kept on applying her fieldwork skills. Almost alone in her new profession, she grasped the huge risks that were developing underneath the radar and wrote about them in the Financial Times. Her book, Fool’s Gold, was one of the first books written about 2008’s giant crisis and remains…

From the list:

The best books on financial trading and the global financial system

Book cover of To Die for: Is Fashion Wearing Out the World?

To Die for: Is Fashion Wearing Out the World?

By Lucy Siegle,

Why this book?

A classic book on the pain that fashion inflicts on both people and planet. This book does an excellent job of showing how the exploitation of people is inseparable from the exploitation of the biosphere. It is a searing critique of the fashion industry and its voracious appetite for evermore profit, and how this short-termist model is driving us towards disaster.

From the list:

The best books on workers’ rights in the fashion industry

Book cover of Fischer Black and the Revolutionary Idea of Finance

Fischer Black and the Revolutionary Idea of Finance

By Perry Mehrling,

Why this book?

Since the global financial crisis of 2007-8, everyone knows about the transformation of financial markets that has taken place in recent decades. It also well known that developments in information technology have played a major role in that transformation. What is less well known is where the ideas that made it all possible came from. In this book, Perry Mehrling tells the story of Fischer Black, one of the creators of the Black-Scholes formula for pricing options (rights to buy or sell assets at a specified price at some point in the future) which are one of the foundations on…

From the list:

The best biographies of late 20th century economists

Book cover of Hall of Mirrors: The Great Depression, the Great Recession, and the Uses-And Misuses-Of History

Hall of Mirrors: The Great Depression, the Great Recession, and the Uses-And Misuses-Of History

By Barry Eichengreen,

Why this book?

Our view of the Great Depression was changed by the Great Recession following the financial crisis of 2008. No one has a better grasp of the similarities and differences between the two major economic shocks of the last 100 years than Barry Eichengreen. Most interesting are Eichengreen’s reflections about the right and wrong lessons the firefighters of the 2008 financial crisis drew from the Great Depression.

From the list:

The best books on the Great Depression and its impact on history

Book cover of Crashed: How a Decade of Financial Crises Changed the World

Crashed: How a Decade of Financial Crises Changed the World

By Adam Tooze,

Why this book?

The economic origins of our contemporary woes lie, of course in the Great Financial Crisis (GFC) of 2008. Tooze’s summary of the sub-prime crisis in the US housing market is worth the price of the book alone, and he upturned my understanding of the GFC as originating in the global savings glut. His argument also echoes themes discussed above – how international order is shaped around institutions that are internal to the state but that end up bursting across its boundaries – specifically, how the Fed became the de facto central bank for the world through institutions such as the…

From the list:

The best books to understand the rise and fall of liberal international order in the 21st century

Book cover of The Long Game: China's Grand Strategy to Displace American Order

The Long Game: China's Grand Strategy to Displace American Order

By Rush Doshi,

Why this book?

There is a veritable cottage industry now on books on China and its global strategy and influence. This book by Rush Doshi is one of the best because its analysis is based on extensive analysis of Chinese Communist party documents over decades. Doshi's analysis asks whether or not China has a grand strategy by examining China’s foreign policy concepts, capabilities, and conduct. This makes for a compelling and detailed analysis. 

From the list:

The best books on China’s global and African strategies

Book cover of The Big Short: Inside the Doomsday Machine

The Big Short: Inside the Doomsday Machine

By Michael Lewis,

Why this book?

Michael Lewis is a literary magician. He can take the most obscure and unpalatable topic, find a story buried somewhere inside it, and turn that story into a book so good that you want to tell your friends about it. The Big Short is Lewis at his best. It tells the story of a motley crew of unconventional stock traders who saw the diabolical lie at the center of the subprime mortgage boom and bet against the market when the market was sizzling. They were Cassandras, destined never to be believed—until the market crashed in 2008, their detractors lost their…

From the list:

The best true stories that are as fun to read as fiction

Book cover of A Brief History of Neoliberalism

A Brief History of Neoliberalism

By David Harvey,

Why this book?

This is the book that put “neoliberalism” on the map in contemporary debates. Published years before the Global Financial Crisis, it offers a global and historical perspective on the neoliberal order. I have some questions about Harvey’s definitions—especially his claim that China is a neoliberal country—but no one can beat him for mastery of economic data and trends.

From the list:

The best books for understanding neoliberalism

Book cover of Open City

Open City

By Teju Cole,

Why this book?

This is a novel about a man who wanders ruminatively around New York a couple of years after the 2008 financial crisis. One of the reasons it works, I think, is because everything we see about New York, every person we meet or interaction we overhear or street we observe, is through the eyes of the story’s narrator. Getting to know him means getting to know the city, and vice versa. He has a relationship with New York, which is charged and at times deceptive, which felt true, if nothing else.

From the list:

The best books on Post-9/11 New York City