Overview

To those who don t speak it, the language of money can seem impenetrable and its ideas too complex to grasp. In How to Speak Money, John Lanchester author of the New York Times best-selling book on the financial crisis, I.O.U. bridges the gap between the money people and the rest of us.

With characteristic wit and candor, Lanchester reveals how the world of finance really works: from the terms and conditions of your personal checking account to the evasions of bankers appearing in front of Congress. As Lanchester writes, we need to understand what the money people are talking about so that those who speak the language don t just write the rules for themselves.

Lanchester explains more than 300 words and phrases from AAA rating and amortization to yield curve and zombie bank. He covers things we say or hear every day such as GDP, the IMF, credit, debt, equity, and inflation and explains how hedge funds work, what the World Bank does, and why the language of money has gotten so complicated. Along the way he draws on everything from John Maynard Keynes to the Wu-Tang Clan, Friedrich Hayek to Thomas Piketty, The Wealth of Nations to Game of Thrones.

A primer, a polemic, and a reference book, How to Speak Money makes economics understandable to anyone. After all, money, as Lanchester writes, is a lot like babies, and once you know the language, the rule is the same as that put forward by Dr. Spock: Trust yourself. You know more than you think you do.

Editorial Reviews
  • Publishers Weekly 07/28/2014 (EAN 9780393243376, Hardcover)
  • Booklist 09/01/2014 pg. 20 (EAN 9780393243376, Hardcover)
  • New York Times Book Review 12/07/2014 pg. 41 (EAN 9780393243376, Hardcover)
  • Choice 03/01/2015 pg. 1199 (EAN 9780393243376, Hardcover)
  • Insightful and often funny An invaluable primer. --Ian Critchley
  • How to Speak Money is a wonderful and enlightening book. Refreshingly clear, sharp, and funny, it ll help you understand not only what the language of finance means but also why it matters. --James Surowiecki, best-selling author of The Wisdom of Crowds
About the Author

John Lanchester is the author of Capital, a novel, and I.O.U., a New York Times best-selling book on the financial crisis. A regular contributor to The New Yorker and the New York Review of Books, he lives in London.

Product Details
Author:  John Lanchester
ISBN:  039335170X   
Publisher:  W. W Norton & Company
Publish Date:  October 26, 2015
Pages:  288 pages
Dimensions:  0.8" H x 8.2" L x 5.4" W (0.5 lbs) 

How to Speak Money: What the Money People Say-And What It Really Means


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