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book2018

Crashed

Disciplines:
history
economics
economics/2008 crisis
history/tooze

Summary

Adam Tooze's 2018 comprehensive history of the 2008 financial crisis and its aftermath — arguing that the crisis was a crisis of global dollar funding rather than simply a banking crisis, and tracing its political consequences through the rise of populism.

Core Contribution

Provides the most comprehensive account of the 2008 crisis and its global political consequences — Crashed demonstrates that the crisis was primarily a dollar funding crisis (European banks had borrowed trillions in short-term dollar markets) and that the political consequences (Tea Party, Eurozone crisis, Brexit, populism) all flow from the crisis's unequal resolution.

Historical Influences

Adam Tooze

Intellectual Lineage

Adam Tooze Allen Lane

Allied Works

New Leviathans The Big Short

Contemporaries & Peers

The Big Short New Leviathans

Minds Influenced

2008 crisis historiographyPolitical economy History 102

Intellectual Posterity

Crashed 2008 crisis global analysis

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Crashed

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