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Financial Crisis


See also: Business & Finance

Web Sites

 

Pittsburgh Region

  • You Control Your Money
    If you are having money problems or know of someone who is, the members of the Financial Education Consortium of Southwestern Pennsylvania are there to help.
 

Selected Books

Bernstein, Jared
Crunch: Why Do I Feel So Squeezed? (and Other Unsolved Economic Mysteries)
HC106.83.B472 2008
Do you want to learn more about economics so you can understand the present financial crisis better?
 
Bonner, William And Addison Wiggin
Empire Of Debt: The Rise Of An Epic Financial Crisis
HB3722.B658 2006
Authors of the Daily Reckoning, Bonner and Wiggin feel the growing indebtedness of Americans and the U.S. economy will lead to the demise of the U.S. empire.
 
James, Harold
The End of Globalization: Lessons from the Great Depression
HF1359.J36 2001
James, a history professor at Princeton University, brings historical perspective to globalization by viewing the Great Depression as a period when globalism collapsed. He sees parallels in today's economies: highly integrated systems are inherently vulnerable to collapse, and world financial markets are vulnerable and unstable.
 
Kindleberger, Charles Poor and Robert Z. Aliber
Manias, Panics And Crashes: A History Of Financial Crises
HB3722.K56 2005
The 5th edition of this classic analysis advises governments to "Always come to the rescue, in order to prevent needless deflation, but always leave it uncertain whether rescue will arrive on time or at all, so as to instill caution in other speculators, banks, cities, or countries." The 4th edition is available as a downloadable audiobook (requires a library card).
 
Krugman, Paul R.
The Return of Depression Economics
HB3716.K76 1999
In this book, Krugman, the 2008 Nobel Prize winner in Economics, concludes that a Great Depression could happen again.
 
Kuttner, Robert
The Squandering of America: How the Failure of Our Politics Undermines Our Prosperity
HC106.83.K88 2007
As the income of most Americans has remained static or declined and as housing and healthcare costs have soared, the wealth of America has become increasingly concentrated in the hands of a financial and political elite who blocks the ability of government to restore broad prosperity to the majority of citizens.
 
Morris, Charles
The Trillion Dollar Meltdown: Easy Money, High Rollers, and the Great Credit Crash
HG4910.M667 2008
In this book, Charles Morris predicted market turmoil caused by subprime mortgages and Wall Street greed.
 
Phillips, Kevin P.
American Theocracy: The Peril and Politics of Radical Religion, Oil and Borrowed Money in the 21st Century
E902.P47 2006
From ancient Rome to the British Empire, Phillips demonstrates that every world-dominating power has been brought down by a related set of causes: a lethal combination of global overreach, militant religion, resource problems, and ballooning debt.
 
Phillips, Kevin P.
Bad Money: Reckless Finance, Failed Politics, and the Global Crisis of American Capitalism
HC106.7.P52 2008
Kevin Phillips cautions against the current financial practices of American capitalism and explains why they are bringing about an economic downfall.
 
Schiff, Peter
Crash Proof: How to Profit from the Coming Economic Collapse
HC106.83.S35 2007
Schiff warned of a coming crisis in this book and suggested how consumers could protect themselves.
 
Shiller, Robert J.
The Subprime Solution: How Today's Global Financial Crisis Happened, And What To Do About It
HG2040.15.S45 2008
Best-selling economist Robert Shiller reveals the origins of the subprime mortgage crisis and puts forward bold measures to solve it, calling for a restructuring of the institutional foundations of the financial system.
 
Smick, David
The World is Curved: Hidden Dangers to the Global Economy
HG3881.S5397 2008
David Smick cited the mortgage crisis as a early indicator of further problems ahead.
 
Soros, George
The New Paradigm For Financial Markets: The Credit Crisis Of 2008 And What It Means
HB3722.S673 2008
George Soros feels that the dominant ideology that holds that markets are self-correcting is wrong; that it has been the government that saves the markets when they get into trouble.
 
Zandi, Mark M.
Financial Shock: A 360° Look at the Subprime Mortgage Implosion, and How to Avoid the Next Financial Crisis
HG2040.5.U5 Z36 2009
Zandi explains in plain English the history of the subprime crisis and its causes.