The Big Short and other new books on the crisis

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I've not yet read The Big Short by Michael Lewis but am keen to do so. There was a tantalisingly good extract in Vanity Fair, and a highly favourable review by Jeff Madrick in the New York Review of Books has reinforced my interest.

The flow of new books on the financial crisis shows no signs of abating. Another in my in-pile is the excellent Raghuram Rajan's Fault Lines: How Hidden Fractures Still Threaten The World Economy – the subtitle says it, but for good measure here's the blurb:

Raghuram Rajan was
one of the few economists who warned of the global financial crisis
before it hit. Now, as the world struggles to recover, it's tempting to
blame what happened on just a few greedy bankers who took irrational
risks and left the rest of us to foot the bill. In Fault Lines,
Rajan argues that serious flaws in the economy are also to blame, and
warns that a potentially more devastating crisis awaits us if they
aren't fixed.

And I only just came across The Myth of the Rational Market by Justin Fox, which looks well worth a read too. There's a New York Times excerpt as a taster.

Finally, focusing on the specifics of banking regulation, Mathias Dewatripont, my co-author on a recent CEPR report on competition in EU banking, has a book out with Jean-Charles Rochet and Jean Tirole, Balancing The Banks: Global Lessons from the Financial Crisis. The cover rightly describes them as 'three giants in the field.'