Tuesday, May 5, 2009

Dealing with complex issues


Mark Zandi is clearly gifted. TIME had singled him out for his ability to explain the whole subprime mess and its implications to US political leaders, including McCain. His book "Financial shock", a sort of comprehensive 101 lowdown on the subprime crisis, is an excellent illustration of how to take apart highly complex issues, break them down into interesting, coherent and incisive bits, and piece them together again into a easy-to-understand story that is both informative and engaging at the same time. I am more impressive with his writing skills than expert advice on avoiding an economic crisis.
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