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“An important book about finance”




Dominic Elliott from Reuters Breakingviews has recently published an insightful review. According to him, the book “… provides a holistic and compelling explanation of the crisis of 2008.” Elliott states that “the illustration of how balance sheets multiply and money grows in The End of Banking is illuminating,” and he concludes with the following paragraph:


“At just 180 pages, including footnotes and many charts and tables, The End of Banking is succinct. Its prescriptions for a better banking system may be excessively ambitious. But wild ideas may be more helpful for fixing finance than an endless series of enhancements of a system which is unsuitable for the modern age.”


Read the whole review here.



What do you think?