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Political Economy

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    A financial crisis bookshelf

    By Steve Perry | Published Wed, Mar 25 2009 7:20 am

    This is overdue. I've been meaning to post a list of the best books I've read so far about the financial and economic meltdown. I've referred to most of them at one time or another already, so I won't offer any annotation here.

    It's obviously far from an exhaustive list; I'm posting it now partly in the hope that you'll append some recommendations of your own.

    Roots of the current crisis:

    Charles Kindleberger, Manias, Panics and Crashes
    Paul Krugman, The Return of Depression Economics
    Charles Morris, The Two Trillion Dollar Meltdown
    Kevin Phillips, Bad Money
    Robert Shiller, The Subprime Solution

    Backstory (1990s and 2000s):

    David Cay Johnston, Perfectly Legal
    David Cay Johnston, Free Lunch
    Kevin Phillips, American Theocracy
    Robert Pollin, Contours of Descent

    Backstory (1920s and 1930s):

    Frederick Lewis Allen, Only Yesterday
    J.K. Galbraith, The Great Crash of 1929

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    Illustration by Hugh Bennewitz

    minnpost.com/steveperry


    Steve Perry is a widely published critic of politics, culture and the arts whose work has appeared in Rolling Stone, Spin, Counterpunch, LA Weekly, the Boston Phoenix, London City Limits and Salon. He began his journalistic career as a music critic for City Pages back in 1984. He was editor of City Pages from 1989-1997 and 2002-2007. In addition, he is also a former contributing editor to Musician magazine and the acclaimed music industry newsletter Rock and Roll Confidential. Perry was most recently editor of the Minnesota Independent.

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