'Thank you, Dr. Rajan, for writing this book', were the only words that resonated inside me when I was reading the last chapter of this book.
This book is perfect to ignite the mind of how the economics and game theory (including international and domestic political scenarios) play out in the real world. This is a must-read book for all the students of social sciences, and especially economics, not because this gives new theoretical ideas of how economies work, but because any knowledge and powerful persons without the right direction do more harm than imaginable, and this book put the most influential ones in the courtroom - economics and us, the common people.
This book is worth to be made a must-read book before awarding Bachelor or Master degree in Economics.
Thanks to Amazon for the speedy delivery. Those who are a part of Economy, please read this book. Don't miss it. Notify amazon that the book value shown in website was Rs. 2070/- with 84% discount which comes to Rs. 319/-. But the actual value of the hardcopy that I received was Rs. 499/- . Just to inform you this difference I have observed. Anyway, value is nothing by comparing with the great information obtained from this book. Any way Thank you.
There are a few books that everyone (whether a student of a subject or not) should read... For economics there are two... The ascent of money by Naill Ferguson and the fault lines by Dr. Raghuram Rajan. Highly recommended
Such a well written book on the reasons for the Global Financial Crisis ... Prof. Rajan goes into the depths of the crisis and offers deep insights into how the structure of the system was at fault ... as also raises concerns that many of the structures still exist ... and thus can hit again ...
Really excellent book ... but do not consider it as a casual bedtime reading popular book ... this is a book which will force you to think and force you to introspect ... it need the ability for some serious reading ..
Wanted to know about Dr. RAJAN's perspective towards the recession which earned him worldwide fame, like what made him foresee the situation and his side of story during the entire period. Found it interesting, obviously, and would recommend it for someone looking for a book with the same quest.
A book which I will never forget. Awesome boom. Everyone should read it. Every penny I spend on it is worth it. After reading this your bview towards the world will change. one of the best book I ever read. Every chapter you read will bring an excitement like what happen what will happen if this comes where future lies.
This book wasn't just about the 2008 crisis, it give a good picture at the global economic past present and future from the eyes of a very knowledgeable academic. Loved reading it. Had a great time and learnt so much from it. Must read if you like macro economics.
The way Raghuram Rajan explained the problems in so profound yet simple way makes this book by far one of the best books that explain problems of Global economy. I learnt a lot about realistic applications of Macroeconomics. Language in this book is so beautiful and sharp that I doubt even native English full time authors can write this better. I highly recommend this book to everyone, not just finance students or professionals. This captivating book is undoubtedly my lifetime experience.
A very well written and thoughtful book which explores the changes neede in world economy and its ways. for me, it also indicates changes required from grassroot levels and teaches a lot of important lessons on personal finance. after all, the world economy starts at household level.