Scholarship on Financial Markets and Crises Available Now

New "Books for Understanding" Bibliography History and Analysis of Roots of 2008 Financial Crisis

October 3, 2008: As the extent of the financial crisis has grown clear, there have been several announcements of book proposals and forthcoming books that will look at current market events. For incisive, in-depth understanding of what has brought us to this point, however, there is no need to wait. The member publishers of the Association of American University Presses have in print scholarly works for both general and specialist audiences that illuminate the roots of the current situation, and offer potent analysis of regulatory and market solutions.

In "Books for Understanding: The Financial Crisis," readers, journalists, librarians, policy makers, and teachers will find information and knowledge they can use today to help understand global financial events.

http://www.booksforunderstanding.org/finance/list.html

A freely available resource from the AAUP, this new bibliography offers titles in four broad subject categories: Wall Street and Financial Markets; Financial Panics and Market Crises; Market Regulation; and Business Ethics. A sample of the titles available now from non-profit scholarly publishers includes:

• Robert Shiller's two works of trenchant economic analysis from Princeton University Press: The Subprime Solution: How Today's Global Financial Crisis Happened, and What to Do about It (2008) and Irrational Exuberance (2nd edition 2005)

• Studies of past crises, from The Panic of 1857 by James Huston (Louisiana State University Press, 1999) to FDR's First Fireside Chat: Public Confidence and the Banking Crisis by Amos Kiewe (Texas A&M University Press, 2007) and William K. Black's The Best Way to Rob a Bank Is to Own One: How Corporate Executives and Politicians Looted the S&L Industry (University of Texas Press, 2005)

• Analyses of political and regulatory solutions such as Rethinking Bank Regulation: Till Angels Govern by James Barth, et al., (Cambridge University Press, 2008) and Too Big To Fail: The Hazards of Bank Bailouts by Gary Stern and Ron Feldman (Brookings Institution Press, 2004)

Books for Understanding (www.booksforunderstanding.org) is a free service of AAUP to help the public find the best books on current events. The program highlights one of the highest values of university presses: to publish top research and scholarship in all fields regardless of immediate commercial potential. Often the most complete and illuminating background research and knowledge for a breaking news story is only available in scholarly books from presses committed to the public interest.

The Association of American University Presses is an organization of nonprofit scholarly publishers. AAUP is dedicated to the support of creative and effective scholarly communications. Through its programs and information resources, AAUP helps its members fulfill their common commitments to scholarship, the academy, and society. Visit the AAUP website, www.aaupnet.org, to learn more about the Association, its programs, and members.

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