Between Debt and the Devil

In this thought-provoking audiobook, Adair Turner explores the true causes of the 2008 financial crisis, challenging common beliefs about debt, credit, and money. Drawing on his experience as a key regulator, he discusses how excessive private debt and mismanaged credit growth fuel economic instability, emphasizing the need for smarter public policies that manage debt levels, banking capital, and real estate markets. Turner also debunks myths about fiat money and offers insights into how governments can better control financial risks to promote sustainable economic growth.