RaveThe Financial Times (UK)French economist Thomas Piketty has written an extraordinarily important book ... The result is a work of vast historical scope, grounded in exhaustive fact-based research, and suffused with literary references. It is both normative and political. Piketty rejects theorising ungrounded in data ... the book is built on a 15-year programme of empirical research conducted in conjunction with other scholars. Its result is a transformation of what we know about the evolution of income and wealth...over the past three centuries in leading high-income countries. That makes it an enthralling economic, social and political history ... Yet the book also has clear weaknesses. The most important is that it does not deal with why soaring inequality – while more than adequately demonstrated – matters. Essentially, Piketty simply assumes that it does.
Daron Acemoglu
PositiveFinancial TimesCrucially and rightly, the book does not see freedom as merely the absence of state oppression ... This book is more original and exciting than its predecessor. It has gone beyond the focus on institutions to one on how a state really works.
Paul Collier
PositiveFinancial Times[A] personal, passionate and original book ... One does not have to agree with everything in the book to realise its scope and power ... This book is admirable in many ways: the broadened ethical approach to economics; the range of economic, social and political issues it analyses; and the analysis of the economics of agglomeration in today’s world. Yet it also breeds despair, at least in me ... This is a beautifully written and important book. Read it.
Adam Tooze
RaveFinancial Times\"Crashed gives readers a detailed and superbly researched account of the origins and consequences of the wave of financial crises that emanated from the core of the global financial system from 2007. The prose is clear. The scholarship remarkable. Even people who have followed this story closely will learn a great deal.\
Sebastian Mallaby
RaveThe Economist...a superb new book ... Through the lens of this stellar career, the book also throws a sharp light on American policy and policymaking over four decades ... If Mr Mallaby faults Mr Greenspan for inertia on regulation, he is no less critical of the inflation-targeting that Mr Greenspan ultimately adopted, albeit without proclaiming this objective at all clearly.
