Adam Tooze is the author of Wages of Destruction, winner of the Wolfson and Longman History Today Prize. He is the Kathryn and Shelby Cullom Davis Professor of History at Columbia University. He formerly taught at Yale University, where he was Director of International Security Studies, and at the University of Cambridge. He has worked in executive development with several major corporations and contributed to the National Intelligence Council. He has written and reviewed for Foreign Affairs, the Financial Times, The Guardian, the Sunday Telegraph, The Wall Street Journal, Die Zeit, Sueddeutsche Zeitung, Tageszeitung and Spiegel Magazine, New Left Review, and the London Review of Books.
"There have been hundreds of illuminating books on the great
financial collapse. Crashed, written to mark its tenth anniversary,
will stand for a long time as the authoritative account. In his
masterful narrative, the economic historian Adam Tooze achieves
several things that no other single author has quite accomplished.
Tooze has managed to explain a hugely complex global crisis in its
multiple dimensions, and his book combines cogent analysis with a
fascinating history of the political and economic
particulars."--The New York Review of Books "An intelligent
explanation of the mechanisms that produced the crisis and the
response to it...One of the great strengths of Tooze's book is to
demonstrate the deeply intertwined nature of the European and
American financial systems."--The New York Times Book Review "An
impressive narrative history, weaving together events from around
the world with a light touch and a great deal of helpful
explanation. Sometimes it feels like Tooze has read every official
working paper, memoir and substantive news article on
macroeconomics and finance over the past decade. Even for readers
who have attempted to follow the twists and turns of events, Tooze
adds significant value."--The Washington Post "The most substantial
and insightful account yet written of the financial crisis and it
will be required reading for financial policy-makers for years to
come."--Times Literary Supplement "[A] monumental narrative history
of 10 years that have reshaped our world...Crashed gives readers a
detailed and superbly researched account of the origins and
consequences of the wave of financial crises that emanated from the
core of the global financial system from 2007. The prose is clear.
The scholarship remarkable. Even people who have followed this
story closely will learn a great deal."--Martin Wolf, The Financial
Times "Brexit, Trump, Russia's annexation of Crimea in 2014 and
China's ever-escalating role in the financial system: Tooze covers
them all and much more, in a volume that's as lively as it is long
-- which is to say very, on both counts...Tooze has made a
specialty of financial collapse and historical disaster. He also
understands the language of corporate balance sheets and sovereign
debt deeply enough to know that he ought to use it sparingly,
translating some of the most byzantine gibberish into elegant
English."--The New York Times "There have been many, many books
about the financial crisis, but few, if any, have treated it as a
world-wide event...This is economic history on an epic scale, and
readers who persevere through the book's roughly 600 pages of text
will find many surprises...Mr. Tooze has written a valuable book
about the challenges of managing a tightly connected world economy.
The questions he raises resonate in the Age of Trump."--The Wall
Street Journal "[An] ambitious study of the causes and effects of
the financial meltdown that caused the Great Recession... Tooze is
not simply telling a story of the financial crisis. Crashed is also
the tale of the political intricacies of the crash, the ensuing
bailout, and of the great political unraveling that has
followed...But it is the configuration of Tooze's analysis that is
novel--he darts from the crisis in Washington to monetary politics
in Europe, and on to Chinese fiscal policy to explain how
interconnected each of these countries' economies are. This sends a
clear message to those who believe in nationalist economic
policies: We are all in this together, to a greater extent than
financial institutions and governments have made clear."--The New
Republic "[An] expansive, essential account of the crisis and the
years that followed...Highlighting the economic interconnectedness
the world's national economies had achieved by 2008, he shows how
the crisis turned the abstract idea of a 'global' economy into
something unhappily concrete."--Bookforum "A compelling new book
has arrived which deserves to be at the top of the reading list of
anyone interested in the events of 2008 and eager to make sense of
the aftermath...Combines simple explanations of complex financial
concepts with a majestic narrative tracing the prehistory and
destructive path of the crisis across the planet."--The Guardian
"Tooze's new history of the 2008 crisis and its aftermath offers no
shortage of penetrating insights into the calamitous epoch we've
been living through."--NYMag.com, Daily Intelligencer "[Tooze]
brings a historian's understanding to the financial crisis and its
aftermath . . . The result is an ambitious narrative which runs
from the United States, through Western Europe into Central Europe,
across the steppes of Russia and onwards to China."--Reuters /
Breakingviews "Bold . . . At the heart of [Crashed] lies a paradox:
even though the financial crisis exposed the failings of the
American economic model, its aftermath has underscored America's
continuing economic pre-eminence . . . The good thing about Crashed
is that it allows for the possibility of American regeneration.
Like any sophisticated history, it acknowledges that human agency
matters; political and economic forces may shape context but
outcomes are not predetermined."--Sebastian Mallaby, Evening
Standard (UK) "[An] intelligent and persuasive account of the
global economy since the U.S. mortgage market exploded into a
border-jumping financial conflagration."--Strategy+Business "Likely
to stand the test of time as the best history of 2008 written in
its immediate shadow . . . As the 10th anniversary of the fall of
Lehman Brothers approaches, many books on the financial crisis will
be published. Few are likely to match Adam Tooze's Crashed in
scope, ambition or rigour. This is truly contemporary history--the
book runs right up to the end of 2017. It is hard to think of
another author who can write as authoritatively on such a wide
range of subjects."--Prospect Magazine "Tooze presents a grand
unified theory of how we woke up to a world in seemingly headlong
retreat from the liberal, democratic, free-trading, ever more
prosperous globalized order the West broadly promised at the end of
the Cold War."--Foreign Policy "An important and insightful work .
. . combines an economic history with geopolitical analysis of the
2008 financial crisis and the subsequent decade."--Library Journal
(starred review) "First-rate financial history and an admirable
effort to wrestle a world-changing series of events between
covers."--Kirkus Reviews (starred review) "Tooze makes the arcana
of international economic policy relevant to a lay audience by
framing his account with Donald Trump's political ascension . . .
In addition to making international economics understandable and
attention grabbing, Tooze has written an essential addition to the
ranks of histories that place Trumpism in context."--Publishers
Weekly Praise for The Deluge "An essential book. Epic in scope,
boldly argumentative, deftly interweaving military and economic
narratives, The Deluge is a splendid interpretive history." --The
New York Times Book Review "Globe-spanning and wide-ranging...a
look at a past that is both terribly remote and hauntingly
familiar."--Salon "Profound and brilliant...Very rarely, you read a
book that inspires you to see a familiar story in an entirely
different way." --The Atlantic
Praise for The Wages of Destruction "Masterful . . . [A]
painstakingly researched, astonishingly erudite study...Tooze has
added his name to the roll call of top-class scholars of Nazism."
--Financial Times "It is among Adam Tooze's many virtues in The
Wages of Destruction that he can write about such matters with
authority, explaining the technicalities of bombers and
battleships. Hovering over his chronicle are two extraordinary
questions: how Germany managed to last as long as it did before the
collapse of 1945 and why, under Hitler, it thought it could achieve
supremacy at all."--The Wall Street Journal
"An extraordinary achievement...Tooze has produced the most
striking history of German strategy in the Second World War that we
possess." --History Today
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