Crash and Beyond

Instead of a blow-by-blow account of the numerous bank rescue programmes, [Farlow's] book uses an economics lens to dissect the logic of each category of rescue measure to make them more digestible for the lay read...Half the book is devoted to the numerous policy struggles after the crash. Written before, during and in the years immediately after the crash, the book is a lively chronicle and engaging analysis of the events and thinking of these years and of the economic and political constraints that shaped response...a timely analysisa scholarly, yet highly accessible, account that will appeal to a wide audience and contribute to the public debate about the lessons to be learnt and future policy options. * India Business Review * Very, very compelling research...refreshing...fascinating the way [Farlow] writes about it, the way [he] describes it, and the research [he] brings...in a very readable fashiondealing with extremely sophisticated systems and to boil it down to where the average person can start to really comprehend what took place so that they can better understand how to react in the futureIt is very, very important we look back and understand better what took place and make more informed decisions when it comes to our own finances or how we vote...absolutely fascinating. * Bill Kearney, Financial Spectrum, WKXL Concord News Radio * On the whole, this is a scholarly book which enriches our understanding of the crisis. Farlow does not suggest any ultimate solution. He says he would be happy if the book serves as a collective memory of the crash and its bitter aftertaste and acts as guidance or warning to handle future crises. Indeed, he has succeeded. * K. Subramanian, The Hindu * Andrew Farlow has written a most entertaining book on the Financial Crash, (Before, During and Beyond), that hides considerable scholarship (a 20 page bibliography of academic papers) behind a lively tale of the human frailties revealed. If I had to recommend a single volume on what happened to the inquisitive non-expert, this would be it. * Charles Goodhart, London School of Economics * Farlow's discussion of the US and European bank rescues also makes compelling reading...a fine addition to the crisis/recession discourse * Joel Campbell, International Affairs * In 2004-05, [Farlow] wrote about how, after the equity bubble in the late 1990s, money was flowing into debt, especially mortgage finance, and how this could lead to another crisis. The theoretical possibility he thought of materialised soon ... The crisis gave Farlow a reputation as an economic astrologer, and brought him many invitations to speak and attest. While this book deals with the crisis, it has a broader subject ... This is not a dry and dusty book in economics; much drama has gone into it. Farlow covers the theoretical debates; but he also goes deep into the events and sequences, the errors and consequences. * Ashok V Desai, Businessworld * A lively narrative, scholarly but with lay appeal, too. * Oxford Today * Farlow's focus on the importance of income inequality and deficiency of demand is refreshingly Keynesian in flavour ... Crash and Beyond does much more than simply consider the causes of the crisis; it also looks to the policy response. * Victoria Bateman, Times Higher Education *