I started this book a number of years ago and left it with a few chapters left due to work pressures. Finally finished it and I must say it remains an engaging read. Most of this is not going to be new for people following economics over the last few years but it is a concise summary of how financial markets have considered risk. As a ex-finance perspective I can say this the sckeptism often noted by professionals regarding the theoretical models was ignored a little except near the end. I clearly remember talking to the captain market / security desks whose general reactions to all these pricing models was one of resignation not unthinking belief.

Not sure if the casual reader will enjoy this book since there is a huge cast of characters who do get muddled if one is not familiar with finance and economist history. This is not as much of an introductory text that I was expecting. However it is still worth reading for people who want to understand how the markets have been structured recently. For me - I liked going back and reading around some of the texts he mentioned. It took forever to finish he book but the journey was a lot of fun!