This fascinating compendium of essays is appropriately broad in both coverage and perspectives. Dip into this impressive smorgasbord, and youll find the thoughts and analyses of top academic economists, leading scholars in other fields, and public figures who both watched and influenced what happened. The financial crisis raised numerous questions; this book is a stepping-stone toward answers. -- Alan S. Blinder, Princeton University, and former vice chair, Federal Reserve Board These expertly curated essays focus on the relationship between risk and liquidity, the two most important factors underpinning the global economy. This compilation is required reading for anyone wanting to understand the events leading up to the financial crisis and, more importantly, those who want to avoid the next one. -- Vikram Pandit, chairman and CEO, the Orogen Group This is a first-rate book containing various perspectives on the 2008 global financial crisis. The contributors are outstanding, and the coverage of topics is well balanced. It is an important book for all those interested in the crisis and an assessment of the likelihood of another in the coming years. -- Franklin Allen, Imperial College London After the Crash provides a timely, comprehensive, and insightful evaluation of the status of financial reforms after the collapse of Lehman Brothers in September 2008. The authors provide detailed assessments of reforms that have worked and those that have fallen short of their goals, drawing important lessons from the global financial crisis and its aftermath. Their analysis should be of great interest to the general public as well as academics and policy makers. -- Arthur Wilmarth, George Washington University After the Crash contains a number of excellent essays that help make sense of the political economy of financial regulation in the aftermath of the 2008 financial crisis. There is a lot to learn from this volume, especially on the implementation and evolution of important reforms of the financial sector, such as Dodd-Frank. -- Amir Sufi, University of Chicago Booth School of Business One of the reasons for welcoming this volume lies precisely in the fact that here general economic models play a marginal role, the prevalent leaning of its contributors being towards the practicalities of management, regulation and law-making rather than intellectual thoroughness. * History of Economic Ideas *
