I spent my sick day/day off yesterday trading the tennis and reading this book, and I heartily recommend the latter.
Although some of you will know him as the author of the brilliant novel "Debt to Pleasure", he actually seems to make his living from financial journalism. Plus he apparently wrote an article in early 2008 predicting the financial meltdown to follow.
Whatever, he does a top-notch job here explaining the whole 2008 crash - why, who, how. It's in-depth but readable, and as free from political dogma as any such book is likely to be.
I've always been astonished at how we all seem to sleepwalk through our lives without ever acknowledging what an overwhelming effect economics/politics has on us, starting from the sheer lottery of where we're born through shaping nearly all the life choices that we make.
There's also a very good chapter about how useless people are at assessing risk, which won't come as a surprise to anyone taking part in this year's World Cup Betleague...
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