The financial and economic crisis that began in 2008 is the most alarming of our lifetime because of the warp-speed at which it is occurring. Posner presents a concise and nontechnical examination of this mother of all financial disasters and of the, as yet, stumbling efforts to cope with it.

Richard A. Posner retired as a judge of the United States Court of Appeals for the Seventh Circuit in 2017. He was previously a senior lecturer at the University of Chicago Law School.