Between Debt and the Devil: Money, Credit, and Fixing Global Finance
Posted May 24, 2021
Adair Turner became chairman of Britain’s Financial Services Authority just as the global financial crisis struck in 2008, and he played a leading role in redesigning global financial regulation. In this eye-opening book, he sets the record straight about what really caused the crisis. It didn’t happen because banks are too big to fail―our addiction to private debt is to blame.