The Flaw makes one thing clear from the outset—there was nothing simple about the U.S. financial collapse of 2007. Within minutes, experts had identified plenty of culprits: market failure, a credit culture, a wage crisis, a debt crisis, and upward redistribution of income. That’s economic shorthand for fasten your seatbelt. David Sington’s rigorously constructed analysis of the meltdown, told entirely by economists, brokers, bankers, and borrowers, plays like a financial whodunit. Moving past the usual suspects, it creates a vivid historical context through which to view twentieth-century American capitalism.