We are always on the look out for interesting, insightful and entertaining books in this field, but are constantly let down.
Freakanomics got us entertained in parts, but for the rest, it was downright dreary.
So when a superstar such as Peston was mentioned, we grabbed at the chance!
A right riveting read???
Err.... Nope.
Something worries me about Peston. I'm not sure what it is.
Fair doos, he's a great analyst. He even asks the right questions, but could it be that the BBCs main man lacks the big picture thinking required to solve the world's economic crisis?
Sorry, i forgot for a second there that he is a reporter. Let's not get too carried away!
According to some papers and web sites,you may be mistaken into thinking he is some sort of economic god, an enlightened being who already knows the score before the interview takes place.
Someone who's already got the story sussed, written and wrapped in their head, before heading for the hotel lobby for a double Jack.
His 'Who runs Britain' is apparently a rewrite of guide that claimed to predict that an economic crisis was about to break out.
Only, story has it, that by the time it was printed, that prediction was old news. A remix was in order and this is the result. 300 odd pages of turgid analysts, that while holds an excellent knowledge of finance and the city, does little to educate about the economy.
The trouble with a massive global economic crisis is that everyone looks for local answers. And all the answers are there - They can point fingers at local politics! local banks! even local companies!
Fork's, it's not that simple.
Otherwise we'd have it sussed! Each and every one of us. We would'nt need party-poopers like Peston pissing in our beer glasses.
So what's the verdict here?
Well, if the inner bowels of this country's financial system turn you on, then 'this books for you'.
But don't sit by me at the dinner table.
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