Mark CubanBusinessman and investor · Dallas Mavericks, Shark Tank
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The Only Game in Town: Central Banks, Instability, and Avoiding the Next Collapse
Mohamed A. El-Erian · 2016 · 384 pages
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About the book
Mohamed A. El-Erian, former executive director of PIMCO and renowned economist, analyzes the disproportionate power of central banks in the modern global economy. The book examines how central banks became the last and only reliable players in shaken financial markets, and the consequences of this concentration of power.
El-Erian offers a critical perspective on how monetary policies shaped the post-2008 recovery, the risks of structural economic maladjustment, and the challenges for equitable and sustainable growth. The book is essential for understanding contemporary financial dynamics and the fragilities of modern economic systems.
Book details
| Author | Mohamed A. El-Erian |
|---|---|
| Original title | The Only Game in Town |
| Year of publication | 2016 |
| Pages | 384 |
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Walter IsaacsonBiographer and journalist · Einstein, Steve Jobs, Da Vinci
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