Chris Droker has a list of bust books:

 

Panic

 

Meltdown

 

Mr. Market Miscalculates

 

Financial Shock: A 360 Degree Look at the Subprime Market Implosion

 

Empire of Debt: the Rise of an Epic Financial Crisis

 

The New Economic Disorder

 

Plunder and Blunder

 

Bailout

 

The Origins of Financial Crises

 

The Gods that Failed: How Blind Faith in Markets Has Cost Us Our Future

 

The Coming Economic Collapse

 

The Coming Generational Storm

 

The Return of Depression Economics

 

Agenda for a New Economy: Why Wall Street Can’t Be Fixed and How to Replace It

 

Guide to the End of Wall Street As We Know It

Comment

Interesting.

“Mobs, Messiahs and Markets” – (Bonner & Rajiva, 2007) –  which actually gets it right about empire, debt, the housing and credit bubble, the war/propaganda, and was spot on in timing, and won a major business award, is not around.

I wonder why that is.

“For the time will come when they will not endure sound doctrine…”  (2 Timothy 4:3)

Maybe that line from the Gospel has some sense to it.

But it’s how state propaganda works. Propaganda is not simply what government does to us. In fact, that’s the most obvious part of it. The really interesting part of propaganda is what people do to themselves.

“They will not endure…”

You have to know how to endure what you hear…not run away from what’s emotionally disturbing..or cognitively dissonant.

Growth is not a linear and time-bound development. You don’t grow just because the minutes pass.

Pasternak said something similar: To live your life is not as simple as to cross the street (I may not have got that quite right. It’s in one of Yuri Zhivago’s poems).

When I read this in school I thought it was trivial. It took me a couple of decades to figure out how profound it was. In fact it ought to replace e pluribus unum – a motto we don’t need nearly as much.