Fault Lines: How Hidden Fractures Still Threaten the World Economy

Synopsis of Fault Lines: How Hidden Fractures Still Threaten the World Economy

«Fault Lines: How Hidden Fractures Still Threaten the World Economy» is the economics essay by Raghuram G. Rajan in paperback.

Raghuram Rajan, one of the few economists who anticipated the global financial crisis, argues that its causes are structural failures, not just banking greed. He analyses risk incentives, inequality and easy credit in the United States, and warns of a greater crisis if they are not corrected.

English edition of 280 pages, winner of the Financial Times Business Book of the Year 2010 award and with a new epilogue by the author.

For readers of economics and public policy interested in understanding the origin of the 2008 crisis.