Readings on financial crisis

The Future of Finance – in depth analysis of 2007-2009 financial crisis from the London School of Economics

Financial Crisis Inquiry Commission – website of the commission created by Congress to study the crisis.  The final report was published in December 2010.

Senate Investigations Subcommittee, Levin-Coburn Report On the Financial Crisis (April 2011): overview of the crisis and case studies (GSEs, Washington Mutual, Goldman Sachs, etc.)

 

Textbooks

Financial Markets & Institutions by Mishkin and Eakins

 

The Economics of Money, Banking and Financial Markets by Mishkin (Business School Edition)

 

Corporate Finance, 2nd Edition, by Ivo Welch.  Free online version.

 

 

Annual reports

 

J.P. Morgan Chase (read chairman’s letter first)

 

Berkshire Hathaway annual reports (going back to 1995)

Texts

Full texts of books at the site of the University of Adelaide (including “The Wealth of Nations” by A. Smith, Keynes’ “General Theory” and many other authors)

 

Walter Bagehot (1873), Lombard Street

 

Louis Brandeis (1913), Other People’s Money 

 

Alice in the Wonderland Jabberwocky

 

Full texts of several books on the history of finance (in Russian) from www.mirkin.ru 

 

G. Orwell’s Politics and the English Language

 

Data

Small Business Statistics blog

Some summary banking statistics

 

Videos

Milton Friedman on money and gold standard

Milton Friedman on the FED during the Great Depression

 

Federal Reserve and the Financial Crisis – four lectures by B. Bernanke (for undergraduate class at Georgetown in the Spring of 2011)

 

Other readings

G. Akerlof - Writing the "The Market for 'Lemons'": A Personal and Interpretive Essay