Duncan’s Economic Blog

Turner’s ‘The Credit Crunch’

Posted in Uncategorized by duncanseconomicblog on June 1, 2009

I’ve mentioned Graham Turner’s excellent book ‘The Credit Crunch’ a couple of timee over the past week and was planning on doing a ‘proper review’.

Vino however, has beaten me to it. Worth a read.

Vino outlines Turner’s thesis in far more detail then I was intending to.

For what’s it worth, I think the book itself is a superb read. Well written, clear and not that technical for non-economists. Most of Turner’s arguments are made convincingly, although I do not totally accept all of his conclusions or all of his methodology. Good food for thought though and nice to see someone making a leftwing case in terms economists understand.

One Response

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  1. Mr. Mxyzptlk said, on June 1, 2009 at 8:03 pm

    Vino seems to suggest people are able to use common sense.
    looking at the Expense debacle ‘the mob has many heads but no brain’
    not a good portend for the future.

    Greed was good for some very good i predict….more greed under Tory hegemony


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