Collapse by Committee: The Untold Stories of Economic Disasters Caused by Groupthink: How Ego, Politics, and Bad Math Wrecked the World's Markets
Crash Course: A History of Financial Folly
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3 Months Free
Collapse by Committee: The Untold Stories of Economic Disasters Caused by Groupthink: How Ego, Politics, and Bad Math Wrecked the World's Markets
Buy Now for £13.48
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Narrated by:
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RJ Malyk
What if the most dangerous force in economics isn’t greed or fraud—but agreement?
In Collapse by Committee, James G. Woods II investigates the economic disasters that weren’t caused by lone wolves or rogue traders, but by groups of educated, well-intentioned leaders who, together, made catastrophic decisions. Across decades and continents, history reveals a troubling truth: when ego meets consensus and data is buried under politics, markets fall hard.
From the misjudgments of the Federal Reserve before the Great Depression to the fatal consensus inside rating agencies during the 2008 crash, this audiobook peels back the curtain on the institutional failures and groupthink that shaped history. Through gripping case studies, psychological insights, and policy analysis, you'll learn how the smartest rooms in the world ignored warning signs—and why it keeps happening.
A chilling and essential guide to the hidden architecture of economic collapse.
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