How Do We Fix This Mess? by Robert Peston
The Economic Price of Having it all, and the Route to Lasting Prosperity

No critic rating

Waiting for minimum critic reviews

See 2 Critic Reviews

...their description of how we got into this mess is much more compelling than their prescriptions for how we get out of it...
-Guardian

Synopsis

In Robert Peston's new book he explains in his characteristically straightforward way how the world got itself into the current economic mess - and how we might get out of it. 'How do we fix this mess? I don't know. But don't stop reading now. Perhaps if we have a clearer understanding of what went wrong, we'll have a better idea of what needs to be done. This book is a map of what needs to be fixed.' The record-breaking unbroken growth between 1992 and 2008 wasn't the economic miracle that it seemed. It was based on a number of dangerous illusions - most notably that it didn't matter that the UK and US year after year consumed more than they earned. But we couldn't go on increasing our indebtedness forever. The financial crash of 2007/8 and the subsequent economic slump in much of the west was the moment when we realised we had borrowed more than we could afford to repay. So who got it wrong? Bankers, investors and regulators? And were they greedy, stupid or asleep? What was the role of government? And what part did we, as consumers, play in all this? How do we get through this difficult period of transition to a more sustainable economy, one based on investment and exports, rather than on borrowing and consumption? With the same probing lucidity he brought to WHO RUNS BRITAIN?, Robert Peston takes us step-by-step towards a common sense way to fix this mess.
 

About Robert Peston

See more books from this Author
Robert Peston is the BBC's Business Editor. Prior to joining the BBC, he was Political Editor and Financial Editor of the Financial Times, City Editor of the Sunday Telegraph and a columnist for the New Statesman and Sunday Times (inter alia). He has won numerous awards for his journalism, including Journalist of the Year and Scoop of the Year (twice) from the Royal Television Society, Performer of the Year from the Broadcasting Press Guild, Broadcaster of the Year and Journalist of the Year from the Wincott Foundation and Business Journalist of the Year from the London Press Club. Peston has published two critically acclaimed books, WHO RUNS BRITAIN?, his best-selling account of who is to blame for the economic and financial crisis of 2007-9, and BROWN'S BRITAIN, a biography of Gordon Brown and analysis of the New Labour government. His prize-winning blog - Peston's Picks - which has more than 800,000 readers, can be found at www.bbc.co.uk/robertpeston. He is the founder of Speakers for Schools (www.speakers4schools.org), a pro bono educational service which organises free talks from inspirational speakers for students at state schools. He is a trustee of the Education and Employers Taskforce. He is married to the writer Siân Busby. You can follow Robert on twitter at www.Twitter.com/Peston
 
Published September 27, 2012 by Hodder & Stoughton. 481 pages
Genres: Business & Economics, Professional & Technical, History. Non-fiction
Add Critic Review

Critic reviews for How Do We Fix This Mess?
All: 2 | Positive: 2 | Negative: 0

Guardian

Above average
Reviewed by Chris Mullin on Apr 13 2013

Above all, Peston's message is that we may all have to adjust our expectations and prepare for a long period of low growth until we develop sustainable lifestyles.

Read Full Review of How Do We Fix This Mess?: The... | See more reviews from Guardian

Guardian

Above average
Reviewed by Peter Preston on Oct 06 2012

...their description of how we got into this mess is much more compelling than their prescriptions for how we get out of it...

Read Full Review of How Do We Fix This Mess?: The... | See more reviews from Guardian

Reader Rating for How Do We Fix This Mess?
90%

An aggregated and normalized score based on 5 user ratings from iDreamBooks & iTunes


Rate this book!

Add Review
×