Explaining Economic Issues
Posted on August 31, 2008 at 12:52 pm
My selection of David Copperfield as the book to best help people understand the current economic situation is included in this Washington Post round-up of recommended books by people with a background in business, economics, or finance.
All of the suggestions are worthwhile, including classics like Extraordinary Popular Delusions and the Madness of Crowds and up-to-the minute assessments like The Subprime Solution: How Today’s Global Financial Crisis Happened, and What to Do about It.
If they had allowed me to recommend a movie, I would have suggested I.O.U.S.A., Enron: The Smartest Guys in the Room, The Corporation, “Maxed Out,” and “The Solid Gold Cadillac,” all of which should be shown to every high school and college student and every person eligible to vote before they are allowed to see the next big blockbuster.