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The Great Crashes

Lessons from Global Meltdowns and How to Prevent Them

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The Great Crashes

By: Linda Yueh
Narrated by: Linda Yueh
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About this listen

Brought to you by Penguin.

The global economy has weathered the most tumultuous century in modern financial history.

Since America's Wall Street Crash of 1929, the global economy has weathered the most tumultuous century in financial history. From the currency crises of the 1980s, to Japan's housing meltdown, the dot com boom and bust, the global financial crash and the COVID pandemic, crash after crash has sent shockwaves through our world.

The Great Crashes tells the stories of ten of these historic financial events. They serve as a series of cautionary tales, each with their own lessons to be learnt. With clear-eyed analysis, renowned economist Professor Linda Yueh uses these meltdowns to extract a critical three-step framework to help recognise the early signs of a crash, mitigate the effects and even prevent them in the future. There is very little that is certain in economics, except for this: there will be another financial crisis.

Combining her in-depth knowledge with compelling storytelling, The Great Crashes is essential listening that offers urgent lessons for the modern world.

'A masterclass in spotting the early signs of a crisis'
Nouriel Roubini

'This is the historical perspective we need' John Kay

'A first point of entry for anybody who wants to learn how the world sleep-walked into multiple crashes' Daron Acemoglu

'Fascinating, well-written and authoritative' Tim Harford

©2023 Linda Yueh (P)2023 Penguin Audio
Economic History Economics International

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Critic reviews

"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." (Christine Lagarde)

What listeners say about The Great Crashes

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Great for young economists

The book was insightful, easy to understand, and well read. Would heavily recommend, regardless of your previous knowledge of historical crashes.

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Good introduction and explanation of crashes for lay person.

Linda's easy teaching voice was simple to follow for me. keep writing this style of economics

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