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Extended Audio Sample I. O. U.: Why Everyone Owes Everyone and No One Can Pay, by John Lanchester Click for printable size audiobook cover
4.00117508813161 out of 54.00117508813161 out of 54.00117508813161 out of 54.00117508813161 out of 54.00117508813161 out of 5 4.00 (851 ratings) (rate this audio book) Author: John Lanchester Narrator: James Langton Publisher: Tantor Format: Unabridged Audiobook Delivery: Instant Download Audio Length: Release Date:
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The wildest story in the world these days is not fiction; it’s what’s really happening all around us as the world’s global economy has gone into freefall. How did we get here? What does it all mean? How could so many smart people be so dumb and believe their own hype?

Accessibly, cleverly, and with mordant humor, journalist John Lanchester trots the globe in search of the answers to these questions—to Iceland, the scene of a catastrophic bank collapse; to Hong Kong, the city of his birth built at the altar of free-market capitalism; to the high-stakes leveraging of Wall Street; and to the tragedy of lost homes in small-town America. And in his capable hands, we see and understand what went wrong and why.

Lanchester believes that the current crisis gives us an opportunity to bring about much-needed change, and a stronger and more compassionate system can emerge from the wreckage.

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Quotes & Awards

  • “Few if any [finance] books will be as pleasurable—and by that I mean as literate or as wickedly funny—as John Lanchester’s…Before you begin to cry, pick up a copy of I. O. U. Good humor and good company will be the things that’ll get us through.”

    New York Times

  • “This elegantly crafted little book…manages to be, by turns, acidic, frightening, and sharply funny. What it is not is boring….it all makes perfect sense. A.”

    Entertainment Weekly

  • “I.O.U. provides a fine introduction to the latest financial frenzy, with a suitable degree of outrage.”

    Wall Street Journal

Listener Opinions

  • 4 out of 54 out of 54 out of 54 out of 54 out of 5 by Sandra | 2/18/2014

    " This book gives us a look backward at the causes of the situation the United States, Britain and Europe find themselves. It is complicated and frightening. Communism failed. Is pure market capitalism far behind? My take from the book is that the people who got us into the situation are still in the driver's seat and still doing the same types of things that got us into this - Jamie Dimon and Chase Bank is just one for instance. "

  • 4 out of 54 out of 54 out of 54 out of 54 out of 5 by Chris Walker | 2/1/2014

    " Some laugh out loud moments in this but if you're like me you'll end up feeling angry because there's lots in this book to be angry about. "

  • 5 out of 55 out of 55 out of 55 out of 55 out of 5 by Kathleen Gilroy | 1/10/2014

    " If you want to read one book about the financial crisis, this is it. It is a very good succinct explanation of why we are completely and totally you-know-what . Five stars. "

  • 4 out of 54 out of 54 out of 54 out of 54 out of 5 by Polly | 1/4/2014

    " Excellent, accessible look at the financial crisis and how it happened. Lanchester is as furious as the general public with the banks; perhaps that skews his policy recommendations a bit, but it makes for entertaining reading. "

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