Showing results for "John Lanchester" in Money & Finance

In 2000, the total GDP of Earth was $36 trillion. At the start of 2007 it was $70 trillion. Today that growth has gone suddenly and sharply into decline. John Lanchester travels with a cast of characters - including reckless bankers, snoozing regulators, complacent politicians, predatory lenders, credit-drunk spendthrifts, and innocent bystanders, to understand deeply and genuinely what is happening and why we feel the way we do.

How to Speak Money reveals how the language of money is often a tool to conceal and mislead; he explains hundreds of common economic terms, from GDP to the IMF, amortization to securitization to collateralized debt obligation; and he argues that we all need to speak money lest those who do write the financial rules for themselves.