Monday 10 November 2008

Crunch explained

In a very readable Guardian article, John Lanchester explains the crunch and asks whether our view of the markets can ever be the same again.

2 comments:

Laura said...

The full article by John Lanchester is in the London Review of Books at:
http://www.lrb.co.uk/v30/n20/lanc01_.html

That issue of LRB also contains an article by Donald Mackenzie on the importance of Libor.
http://www.lrb.co.uk/v30/n18/mack01_.html

Interesting that Lanchester is a novelist and Mackenzie a sociologist.

Tyngewick Gawcott said...

Thanks for mentioning this. Lanchester seems to be insightful and civilised. His article on Rupert Murdoch is well worth reading as well.