Running short of business titles on your reading list? A handful to consider:
• “Adapt” by Tim Harford (Farrar, Straus & Giroux/Little, Brown). We all struggle to accept our failures and cut our losses. Yet admitting our mistakes holds a key to solving intractable problems, the Financial Times columnist says. “Success,” he argues, “always starts with failure.”
• “Confidence Men” by Ron Suskind (Harper). How Barack Obama came under the spell of Timothy Geithner and Lawrence Summers, “two men whose actions had contributed to the very financial disaster they were hired to solve.”
• “Demystifying the Chinese Economy” by Justin Yifu Lin (Cambridge). A patriotic yet pragmatic look at how China notched up average annual growth of 9.9 percent for three decades.
• “Exile on Wall Street” by Mike Mayo (Wiley). Mayo, an old-school bank analyst, chronicles his battle to change the status quo on Wall Street.
• “Extreme Money” by Satyajit Das (FT Press). An idiosyncratic yet withering analysis of how 30 years of financial alchemy and excessive credit plunged us into the Great Recession. James Pressley, Bloomberg News
Business Books
