Raghuram G. Rajan ’s “Fault Lines,” a look at why the financial order is prone to blowing bubbles, won the Financial Times and Goldman Sachs Business Book of the Year Award , defeating Andrew Ross Sorkin and other authors on the financial crisis.
Logic can be hazardous to an economist’s reputation, as Raghuram G. Rajan discovered when he predicted the credit crisis two years before it hit.
The fault line in Greece’s unprecedented return to favor with investors runs the length of 5-7 Nikis Street in Athens.
The Bundesbank opposition to the European Central Bank’s plan to help ailing financial institutions is its latest swipe at the crisis-fighting efforts of Mario Draghi’s central bank.
The Hays Advantage: Sept. 5, 2014
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