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Explaining Economic Issues

Sunday August 31, 2008

My selection of David Copperfield as the book to best help people understand the current economic situation is included in this Washington Post round-up of recommended books by people with a background in business, economics, or finance.

All of the suggestions are worthwhile, including classics like Extraordinary Popular Delusions and the Madness of Crowds and up-to-the minute assessments like The Subprime Solution: How Today's Global Financial Crisis Happened, and What to Do about It.

If they had allowed me to recommend a movie, I would have suggested I.O.U.S.A., Enron: The Smartest Guys in the Room, The Corporation, "Maxed Out," and "The Solid Gold Cadillac," all of which should be shown to every high school and college student and every person eligible to vote before they are allowed to see the next big blockbuster.

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Comments
Nell Minow
September 2, 2008 11:00 AM

Alicia, thanks so much! Your comments are always delightful but this one really made my day!

jestrfyl
September 2, 2008 11:10 AM

Nell,
The Movie "Wall Street", especially Gecko's soliloquy on Greed is worth some time and consideration. I think that speech is right up there with the opening soliloquy from the movie "Patton".

jestrfyl
September 2, 2008 11:18 AM

One more thought -
Are you acquainted with the BBC series "The Fall and Rise of Reggie Perrin"? It is as marelously quirky as so many of the other Brit Com's. But this one does address our cultural commitment to consuming.

Another American film I suggest is "Mr Mom". Terry Garr's role in the advertising firm is quite interesting. The way it that Michael Keaton's characters deals with the change in roles based on economic status is timely (perhaps some overlap with Mister Sarah Palin - whatever his name may be - is worth exploring)

Alicia
September 2, 2008 1:22 PM

Hi, jestrfyl. I hated "Wall Street." It's not that I disagree with the film's message, necessarily, but I thought it was delivered with all the subtlety of a sledgehammer. But, "Enron: The Smartest Guys in the Room" is definitely on my list of movies I want to see on DVD.

Alicia
September 2, 2008 1:27 PM

Thanks, Nell. I don't usually read the Sunday WaPo, 'cause it is just so big. (If I tried to read everything in it I wouldn't have time to do any other reading.) But, I was so happy I bought it this past weekend. Keep reviewing!

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