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Sponsors
The Society of Fellows and Heyman Center for the Humanities
Office of the Divisional Deans in the Faculty of Arts and Sciences
Institute for Social and Economic Research and Policy
European Institute
Department of History
New Books in the Arts & Sciences:
Celebrating Recent Work by Adam Tooze
Crashed: How a Decade of Financial Crises Changed the World
By: Adam Tooze
From a prizewinning economic historian, an eye-opening reinterpretation of the 2008 economic crisis (and its ten-year aftermath) as a global event that directly led to the shockwaves being felt around the world today.
In September 2008 President George Bush could still describe the financial crisis as an incident local to Wall Street. In fact it was a dramatic caesura of global significance that spiraled around the world, from the financial markets of the UK and Europe to the factories and dockyards of Asia, the Middle East, and Latin America, forcing a rearrangement of global governance. In the United States and Europe, it caused a fundamental reconsideration of capitalist democracy, eventually leading to the war in the Ukraine, the chaos of Greece, Brexit, and Trump.
It was the greatest crisis to have struck Western societies since the end of the Cold War, but was it inevitable? And is it over? Crashed is a dramatic new narrative resting on original themes: the haphazard nature of economic development and the erratic path of debt around the world; the unseen way individual countries and regions are linked together in deeply unequal relationships through financial interdependence, investment, politics, and force; the ways the financial crisis interacted with the spectacular rise of social media, the crisis of middle-class America, the rise of China, and global struggles over fossil fuels. Finally, Tooze asks, given this history, what now are the prospects for a liberal, stable, and coherent world order?
Participants
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Author
Adam Tooze
Kathryn and Shelby Cullom Davis Professor of History
Columbia University
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Speaker
Katharina Pistor
Michael I. Sovern Professor of Law
Columbia Law School
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Speaker
Charles F. Sabel
Maurice T. Moore Professor of Law
Columbia Law School.
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Speaker
Tano Santos
David L. and Elsie M. Dodd Professor of Finance
Columbia Business School
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Moderator
Mark Mazower
Chair
Heyman Center for the Humanities
Columbia University
