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This is a great and challenging book. The observations about bank-like asset-liability mixtures are particularly important. Read morePublished 4 months ago by M. Lowy
Interesting points made in the book. Everyone wshould read this book.Published 7 months ago by Haooy One
I really have no idea whymy professor is making the class read this book.
Misunderstanding Financial Crises: Why We Don't See Them Coming
Written from a very academic point of view. Could have been Gorton's notes for lectures. Lots of old quotes about 100 year old financial crises; not much about last one.Published 22 months ago by Philip S.
Author relies too much on long historical quotes rather than advancing the narrative. At times the story of financial crises could have used more explanations rather than word by... Read morePublished 23 months ago by Alberto J Boquin
Gary B. Gorton is uniquely unqualified to write a credible book analyzing the causes of financial crises. Read morePublished 23 months ago by Ijon Tichy
This book is a masterpiece in placing the Global Financial Crisis in the context of previous crises and explaining how the crisis came about and, most importantly, why economists... Read morePublished on September 26, 2013 by Eric Hansen
This book makes you misunderstand the financial crisis. If you want to understand the crisis in Gary Gorton's way, read the book, but you should know it's not the correct... Read morePublished on June 4, 2013 by KindleBetrayedReaders