As 2018’s close nears, it’s time again to look back at some of the year’s highlights from The Capital Spectator’s weekly Book Bits column. The focus each week is on new titles that span all things money, investing and economics, along with a touch of business and politics thrown in for good measure. As per tradition, your editor will choose just ten books from the year’s columns — a select group that, for one reason or another, are worth a second look. We’ll begin with five books from 2018’s archive, with the balance listed next week. Happy reading!
● Crashed: How a Decade of Financial Crises Changed the World
By Adam Tooze
Review via The Economist
Four big themes emerge from Mr Tooze’s account of the post-2008 era. The first was the immediate post-crisis response, in which the banks were rescued and both the monetary and fiscal taps were loosened. The second was the euro-zone crisis, which hit Greece and Ireland hardest, but also affected Portugal, Italy and Spain. The third was the shift in the developed world after 2010 to a more austere fiscal policy. The fourth was the rise of populist politics in Europe and America.