by Henry Kaufman · Wiley · tapa dura · ISBN 9780470532126
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«The Road to Financial Reformation» is an essay on economics and finance by Henry Kaufman, published by Wiley in hardcover (288 pages, in English).
It analyzes the evolution of financial markets since the Second World War and the causes of the crisis: excessive reliance on models based on historical data, deterioration of corporate debt ratings and financial concentration. It recalls his warnings over decades and proposes reforms to restore the economy.
Subtitled «Warnings, Consequences, Reforms», it includes a foreword by Niall Ferguson, author of «The Ascent of Money». Published in 2009.
Recommended for readers interested in economics, finance and economic policy who want to understand how the great financial crisis was gestated.
