0 of 1 people found the following review helpful
What actually happened during the great recession,
Verified Purchase(What is this?)
This review is from: House of Debt: How They (and You) Caused the Great Recession, and How We Can Prevent It from Happening Again (Kindle Edition)
I love it when authors explain everything clearly and supplement alternative scenarios with examples. Or when they interpret abstract numbers with analogies. One might find it patronising, I find it extremely useful, even though I knew much of the covered material. Mian and Sufi wrote a wonderful short book backed by years of research and their policy recommendations are not as one-sided as e.g. Piketty's. While they do consider their propositions to be the best amongst those available and their modelling is sometimes rather dubious, I did enjoy the whole thing.
Take it on a vacation, but don't expect it to last long, it is extremely short. The good thing is that it's divided into short chapters (<1 hr each) and then further subdivided, so it's great to read over lunch breaks or just before bed.