Overview
In Crashed, economic historian Adam Tooze offers a sweeping reinterpretation of the 2008 financial crisis as a global event whose aftermath continues to shape economic and political decisions worldwide. Combining rigorous research with clear storytelling, the book traces how interconnected banking systems in the US and Europe catalyzed a decade of policy shifts and market upheavals.
Tooze brings readers from Wall Street’s initial collapse through the complex negotiations and governance changes that followed. He highlights the ripple effects across Asia, Latin America, and beyond, illustrating how local economies adapted to global pressures.
Key Insights
- Comprehensive timeline of events from 2008 to 2018
- Analysis of transatlantic financial linkages
- Impact on trade policies, regulatory frameworks, and markets
- Contextualized within broader political and social shifts
Winner of the Lionel Gelber Prize and a New York Times Notable Book, Crashed equips readers with the context needed to understand today's economic headlines and the forces behind them.
