Customer Reviews

Global Financial Meltdown: How We Can Avoid The Next Economic Crisis

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Colin Read pulls no punches in identifying what led us to our current financial crisis. He has a great knack of easily explaining some complex economic theories and some of the different factors that brought our global economy into its current state of distress.

Yet rather than just harping on the problems, Dr. Read ends the book with "innovations" that our leaders could implement towards developing economic policy that would help get our financial markets on the right course. He brings a positive attitude towards the potential of developing a more cooperative and stable, global economic policy.

It is rare to find an economist with the sense of humor and optimistic enthusiasm that Dr. Read brings to "Global Financial Meltdown." This is an enjoyable book that accepts the reality of our crisis, yet offers hope for a better tomorrow.

Author Colin Read writes that the purpose of his book is "to provide an economic education for the educated reader who does not have a college major or minor in economics." The book goes a good distance toward achieving that admirable goal. This broad survey of important economic ideas has a minimum of jargon. As its hopeful subtitle suggests, the book's major emphasis is how to avoid another global financial crisis. It is especially timely as people all over the world are trying to understand the reasons for the crisis and the roles of the different players. While it seems to have been proofread in haste, getAbstract recommends this readable book to anyone who wants a firmer, basic understanding of economics without having to get a degree in the subject.