Great Crashes

For the last century, financial crash after financial crash has sent shockwaves through our world. It's time we learned from them. 'Remarkably accessible' The Times There is very little that is certain in economics, except this: there will be another financial crisis. But while we may not be able to stop the next one, we can predict and contain it. The Great Crashes tells the stories of ten historic financial events - from the Wall Street Crash and the dot com boom and bust to the COVID pandemic - and what we can learn from them. Combining her clear-eyed analysis with compelling storytelling, renowned economist Professor Linda Yueh uses these meltdowns to extract a critical three-step framework to help us to recognise the early signs of a crash, mitigate the effects and even prevent them in the future. It is a book that offers urgent lessons for the modern world.'An important contribution that can help society anticipate and tackle potential crashes in the future' Christine Lagarde, President of the European Central Bank

Linda Yueh's analysis of what past financial crises have in common is an important contribution that can help society anticipate and tackle potential crashes in the future, A first point of entry for anybody who wants to learn how the world economy sleep-walked into multiple crashes over the last century, Fascinating, well-written and authoritative , An accessible and insightful overview of modern financial crises, incorporating both historical detail and thoughtful analysis, Linda provides many with a very readable summary of all the great crises, but also more importantly derives the big lessons and how to have a better policy framework to avoid getting caught up in too much " this time it is different" when the next big risks appear

Linda Yueh is Fellow in Economics at St Edmund Hall, University of Oxford and Adjunct Professor of Economics at London Business School. She is also Visiting Professor at LSE IDEAS and was Visiting Professor of Economics at Peking University. The former Economics Editor at Bloomberg TV, she also hosted Talking Business with Linda Yueh as Chief Business Correspondent for BBC News. She writes for The Times, The New York Times, and the Financial Times and has advised the World Economic Forum in Davos, the World Bank, the European Commission and the Asian Development Bank. She has recently been appointed by HM Treasury to the Independent Review Panel on Ring-fencing and Proprietary Trading, to examine banking crises and advise the government on mitigating the next one. She is the author of The Great Economists, a Times Best Business Book of 2018.