After the Music Stopped: The Financial Crisis, the Response, and the Work Ahead Hardcover - 2013

Details

• Title After the Music Stopped: The Financial Crisis, the Response, and the Work Ahead
• Author Alan S. Blinder
• Binding Hardcover
• Edition 1St Edition
• Pages 496
• Volumes 1
• Language ENG
• Publisher Penguin Press, NY.
• Date 2013-01-24
• Illustrated Yes
• ISBN 9781594205309 / 1594205302
• Weight 1.7 lbs (0.77 kg)
• Dimensions 9.3 x 6.1 x 1.6 in (23.62 x 15.49 x 4.06 cm)
• Ages 18 to UP years
• Grade levels 13 - UP
• Library of Congress subjects Financial crises - United States, Finance - United States
• Library of Congress Catalog Number 2012031025
• Dewey Decimal Code 330.973

"[Blinder] is a master storyteller... [After the Music Stopped] is one of the best books yet about the financial crisis."
—Wall Street Journal

"Highly readable... Mr. Blinder draws on the work of many... reporters in his account. But if large portions of After the Music Stopped feel familiar, the book nonetheless benefits from its wide-angle perspective, as well as from its vantage point in time, now that it's possible to assess the fallout of decisions that were being made on the run by White House and Treasury officials under extraordinary pressures. It also benefits from Mr. Blinder's clear-eyed prose and nimble gifts as an explainer — gifts that sometimes approach those of Bill Clinton, when it comes to making complicated economic issues and policies understandable to the lay reader. Direct and concise, Mr. Blinder tells it as he sees it."
—Michiko Kakutani, The New York Times

"Blinder's book deserves its likely place near the top of reading lists about the crisis. It is the best comprehensive history of the episode... A riveting tale."
—Financial Times

"For a reader wondering how we got here, and why the people in charge have seemed, often, to be so chary of stringing up the culprits, or tearing down the system, Blinder's book - not least because his fair-minded approach and pragmatic mindset evokes that of America's current regulators - gives us an invaluable insight."
—The New Republic

"What does all the knowledge mean to generalist readers? A lot, actually. Blinder is no defender of his economist colleagues or other former and current insiders who caused so much damage - or, at minimum, failed to see the collapse on the horizon. He writes clearly - as well as lots of journalists. That combination makes the book a worthy addition to the literature."
—USA Today

"A prodigiously detailed yet generally accessible investigation of the roots of the meltdown, its multiple and continuing reverberations in the United States and globally, and the short-term fixes and long-term remedies required to treat, and then heal, the patient."
—Cleveland Plain Dealer


Advance Praise for After the Music Stopped:

"If you want to understand every aspect of our economic crisis—how we got into it, how we escaped a depression, why we haven't fully recovered, and what we have to do now—read this book. It's a masterpiece—simple, straightforward and wise."
—President William J. Clinton

"True to his scholarly roots and informed by his practical insights, Alan Blinder has produced in After the Music Stopped both a comprehensive and, mirabile dictu, engagingly readable analysis of the great financial crisis. Whether or not one agrees with every particular judgment, the force of the argument is clear: here we are, four years later, still short of reforms that are needed."
—Paul A. Volcker

"Alan Blinder is one of the world's best informed and most balanced, sensible economists. His credentials include years as a senior adviser in the Clinton White House, then as vice chairman of the Federal Reserve and as regular op-ed contributor to the Wall Street Journal. After the Music Stopped is the best account available of what really happened in the 2008 financial crisis, why and what it now means for the future."
—Bob Woodward

"Of all the books that I have read on the topic—and I have read quite a few—After the Music Stopped provides the most authoritative account of the why, how and what of the global financial crisis. This highly readable analysis takes you brilliantly through the construction of America's fragile house of financial cards, its sudden and dramatic collapse and, as important, the difficult reconstruction and rehabilitation work that must still be done. Whether you are interested in current affairs or in history, read this book if you want an expert and well-written analysis of how economics and politics interacted to create one big mess, not just for America but also for the global economy."
—Mohamed A. El-Erian