RaveThe New Republic...most of the details in this book will be familiar. But it is the configuration of Tooze’s analysis that is novel ... Tooze makes a convincing case that the crash came from a failure of international regulation and the lack of political will to limit a dangerous system of financial risk ... Tooze is careful to show that the crash was not simply the fault of banks and regulators ... Tooze is a master of the modern financial report and his book is built on a dizzying array of expert reports, studies and Financial Times and Economist articles. He is the financial reader’s reader.
