In a week's time, it will be ten years since Lehman Brothers filed for bankruptcy (September 8, 2008). Given the upcoming 10th anniversary, here's a thread on the best books on the financial crisis, which followed Lehman Brothers going bust.
Securitisation and derivatives were at the heart of the subprime crisis which is how the financial crisis first started. Satyajit Das' Extreme Money is by far the best book to cover this aspect of the crisis.
amazon.in/Extreme-Money-…
Bill Bonner and Addison Wiggin, started talking about the possibility of a crisis, much before than others did.
Their book, The New Empire of Debt, is a terrific read.
amazon.in/New-Empire-Deb…
John Lanchester is a British novelist, who started researching the financial crisis in order to write a novel.Got interested in the real story and wrote Whoops!: Why Everyone Owes Everyone and No One Can Pay.
amazon.in/s/ref=nb_sb_no…
This is by far the best primer on the crisis, I have read. It also is a great lesson to economists and analysts, on how to write the most complicated stuff, in simple English, instead of writing in code.
Andrew Ross Sorkin's Too Big To Fail, is by far the best journalistic account on the early days of the crisis, especially from an American point of view. The sheer breadth of sources Sorkin must have spoken to, in order to write the book, had me dazzled.

amazon.in/Too-Big-Fail-I…
Michael Lewis's The Big Short, was a brilliantly written story on the characters who shorted the crisis and made potloads of money from it. I haven't seen the movie, but it couldn't have been possibly better than the book.
amazon.in/Big-Short-Film…
When it comes to economists writing on the crisis, I liked two books in particular.
The first was Raghuram Rajan's Fault Lines, which had a huge influence on my thinking. Was lucky to interview him on the book as well.

amazon.in/Fault-Lines-Fr…
We met at the Taj Mahal Hotel and he insisted on paying for the coffee.
That apart, the book won the FT best book award in 2010. The book shows the depth of Rajan's thinking, his ability to integrate things which go beyond economics and then write in simple English.
The other book I really liked was Alan S Blinder's After the Music Stopped. Blinder is a former vice chairman of the Federal Reserve of the United States.

amazon.in/After-Music-St…
The book opened up my thinking on many issues. Superb book, though Blinder's political affiliation to the Democratic Party, keeps coming out through the book.
Barry Eichengreen's Exorbitant Privilege, looks at the role that the US dollar, as the world's premier reserve and trading currency, played in causing the financial crisis.
amazon.in/Exorbitant-Pri…
Stephen D King's When the Money Runs Out is a great book to understand the British and the European part of the crisis.
amazon.in/Exorbitant-Pri…
One book which has really influenced my thinking over the years has been Richard Duncan @PaperMoneyEcon's The Dollar Crisis. All the financial crises over the last 30 years have happened because of the exorbitant privilege of the dollar

amazon.in/Dollar-Crisis-…
Austerity: The History of a Dangerous Idea, is a great book which draws historical parallels, on why austerity in a financial crisis, doesn't work.

amazon.in/Austerity-Hist…
Correction:
Stephen D King's When the Money Runs Out is a great book to understand the British and the European part of the crisis.

amazon.in/When-Money-Run…
Adam Tooze's Crashed, a book on ten years of the financial crisis has just arrived and promises to be an interesting read.
amazon.in/Crashed-Decade…
@JohnCassidy's How the Markets Fail was another terrific book on the crisis. Went into great detail on the subprime part of the crisis.
amazon.in/How-Markets-Fa…
While Robert Shller's Irrational Exuberance probably is the most famous book on financial bubbles in this era, his book The Subprime Solution, is another good book. I particularly liked the way Shiller explains how the housing bubble fed into the crisis.

amazon.in/Subprime-Solut…
Correction: Lehman Brothers went bust on Sep 15, 2008 and not Sep 8, 2008, as I write in the first tweet. Silly mistake.
This list will be incomplete without my own writing on the financial crisis. When I first started writing a book on the financial crisis, I wanted to write this one big book on how the evolution of money, finance and banking, caused the financial crisis.
Eventually, the book became so big that it had to be divided into three parts. And that's how it became a trilogy. Somewhere along the line, the division ensured that my original aim wasn't really fulfilled.
My books are titled Easy Money.
The third book deals with the financial crisis in great detail. Though it is incomplete without the first two books, which set the agenda.
amazon.in/Easy-Money-Gre…
I guess that completes this thread. Guess one of these days will do a thread on great books on bubbles and crises in general.
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