Top critical review
17 people found this helpful
Decent book, light on substance
on June 17, 2011
Mishkin delivers a serviceable, but not great book. In his rush to leave his post at the Fed, you would think he would create a more engaging book, or at least include more flesh on the financial crisis. His analysis is fairly shallow and his structure seems more geared towards a freshman/high school level class than a full fledge book for college students. Several errors in the book, including on page 428 where he definitely uses incorrect numbers from the FDIC.
That being said, as some of the material was new to me, this book provides a great, accessible overview of many concepts and structures in the financial world. The readings are a breeze, and most of the examples used are easy to grasp and understand. I would highly recommend this book to anyone wanting an introduction to financial markets, but as a Economics and Business double major, I find it difficult to rate higher than 3 stars.