George Inderst

George Inderst is an independent adviser on investment and finance

  • The Illusion of Control
    Book Review

    Books: Financial crises and the failure of risk measures

    March 2023 (Magazine)

    This is a great book for anybody who would like to understand the causes and dynamics of financial crises. The author delivers deep insights into systemic financial risks for our economies, and why risk management tools and regulations fail when it matters most. The text is written in conversational style, full of anecdotes, wisdoms and polemics, which makes reading a pleasure even for the non-expert. To be recommended not only for risk managers but also for investment directors and trustees.