The Great Crashes: Lessons from Global Meltdowns and How to Prevent Them

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Review

Engrossing [one of] the 75 best books for summer 2023 ― Daily Telegraph

The perfect primer on the worst economic disasters of the past 100 years ― The Times

Fascinating, well-written and authoritative ― Tim Harford

Linda provides many with a very readable summary of all the great crises, but also more importantly derives the big lessons and how to have a better policy framework to avoid getting caught up in too much ” this time it is different” when the next big risks appear — Lord Jim O’Neill ― Author of The Growth Map and former Chairman of Goldman Sachs Asset Management

Linda Yueh’s new book [is] almost alarmingly timely, as if she were tanking the global economy as the mother of all guerrilla marketing stunts ― Guardian

Best new books on economics: An important book to keep us all on our toes when complacency starts to creep in, again ― Financial Times

Cogent analysis ― Times Literary Supplement

Linda Yueh’s analysis of what past financial crises have in common is an important contribution that can help society anticipate and tackle potential crashes in the future — Christine Lagarde ― President of the European Central Bank and former Managing Director of the International Monetary Fund, 2011-2019

A first point of entry for anybody who wants to learn how the world economy sleep-walked into multiple crashes over the last century — Daron Acemoglu ― Institute Professor at MIT, and author of Why Nations Fail

An accessible and insightful overview of modern financial crises, incorporating both historical detail and thoughtful analysis — Kenneth Rogoff ― Thomas D. Cabot Professor of Public Policy and Professor of Economics at Harvard University, and former Chief Economist of the International Monetary Fund

About the Author

Linda Yueh CBE is Fellow in Economics at St Edmund Hall, University of Oxford and Adjunct Professor of Economics at London Business School. She was Visiting Professor at LSE IDEAS and Visiting Professor of Economics at Peking University. The former Economics Editor at Bloomberg TV, she also hosted Talking Business with Linda Yueh as Chief Business Correspondent for BBC News. She writes for The Times, The New York Times, and the Financial Times and has advised the World Economic Forum in Davos, the World Bank, the European Commission and the Asian Development Bank. She has recently been appointed by HM Treasury to the Independent Review Panel on Ring-fencing and Proprietary Trading, to examine banking crises and advise the government on mitigating the next one. She is the author of two books; The Great Economists andThe Great Crashes.

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