Monday, December 7, 2009

Books of the Year: The Economist Version

In the "Economics and business" section, the following entries are found:

Too Big to Fail: The Inside Story of How Wall Street and Washington Fought to Save the Financial Systems—and Themselves. By Andrew Ross Sorkin. (A riveting fly-on-the-wall account of the collapse of Lehman Brothers and what came afterwards).

Lords of Finance: The Bankers Who Broke the World. By Liaquat Ahamed. (A history of the generation that invented the modern central banker. Winner of this year’s Financial Times/Goldman Sachs business book of the year award).

How Markets Fail: The Logic of Economic Calamities. By John Cassidy. (A sharp look at the roots of the financial crisis that turns into an excellent history of economic thought).

Poorly Made in China: An Insider’s Account of the Tactics Behind China’s Production Game. By Paul Midler. (A useful analysis by a consultant who advises Western companies on what to do about China’s manufacturing problems. Many laboratories protect their reputation by hiding, rather than revealing, what they test and whistle-blowing is punished rather than rewarded).

For the entire list, see here.

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