Crashed Summary of Key Points
Crashed explores the causes and consequences of the 2008 financial crisis, its impact on economies worldwide, and the ensuing decade of economic and political upheaval.
Financial Stability
Fault Lines Summary of Key Points
Fault Lines delves into the underlying weaknesses in the global economy that led to the financial crisis of 2008. Authored by Raghuram G. Rajan, the book explores how these economic fractures stem from deep-seated problems such as income inequality, flawed financial sector practices, and imbalanced trade. Rajan, with his profound analysis, sheds light on how these issues, if unaddressed, pose a significant threat to future economic stability. He not only diagnoses the problems but also offers insightful solutions to mend these fault lines, emphasizing the need for global cooperation and reform in financial policies.
Profit First Summary of Key Points
In ‘Profit First’, author Mike Michalowicz challenges the traditional accounting formula of Sales – Expenses = Profit. Instead, he introduces an innovative approach that flips the formula to Sales – Profit = Expenses. This concept encourages businesses to take profit first and only spend what remains on expenses. The book provides practical advice and strategies to help businesses increase profitability and financial stability.
Crashed
Insight into the global impact of the 2008 financial crisis and its aftermath.
Fault Lines
Insights into the fractures threatening the world economy and ways to mend them.