A writer for troubled times

It is 3am in New York but Mohamed El-Erian is not enjoying the contented sleep of a man who just collected the book prize. He is about to catch a dawn flight west

The Financial Times and Goldman Sachs Business Book of the Year prize aims to identify the book providing ”the most compelling and enjoyable insight into modern business issues, including management, finance and economics”.
The winner is Mohamed El-Erian for When Markets Collide. Mr El-Erian is a co-chief executive of PIMCO, the world’s biggest bond fund manager.
While most pundits dismiss conflicting messages about the economy and the markets as ‘noise’, Mr El-Erian argues that they signal deep, structural changes and realignments that are radically redefining the investment game. When Markets Collide brings readers up to speed on the new economic and investing landscape. Read the preface here.
Listen here to his interview with Andrew Hill, FT City editor, or read the resulting article.
Watch his video interview with the FT’s John Gapper here.
Previous winners of the Business Book of the Year prize include The Last Tycoons, China Shakes the World and The World is Flat.
In conjunction with the book prize, we ran an online competition to find the best suggestion for possible future business books. The winner was Patricia Yau for Under the Floorboards: The Guide to Alternative Investments. Patricia won copies of the six shortlisted titles. An article on the best of the rest is here. All entries can be read here.
![]() | ![]() | ![]() | ![]() | ![]() | ![]() |
| A Splendid Exchange (William J Bernstein) | Cold Steel (T Bouquet & B Ousey) | McMafia (Misha Glenny) | Remix (Lawrence Lessig) | The Snowball (Alice Schroeder) | When Markets Collide (Mohamed El-Erian) |
![]() | ![]() | ![]() | ![]() | ![]() | ![]() |
| Helen Alexander | Lionel Barber | Lloyd C. Blankfein | Niall Ferguson | Sung Joo Kim | Mario Monti |

It is 3am in New York but Mohamed El-Erian is not enjoying the contented sleep of a man who just collected the book prize. He is about to catch a dawn flight west
‘When Markets Collide’ by Mohamed El-Erian, a lucid and prescient diagnosis of the financial turmoil, takes the top prize against keen competition
Lionel Barber, editor of the Financial Times, has picked the best Fantasy Business Book title from hundreds. And the winner is....
Mohamed El-Erian is the winner of the FT-Goldman Sachs Book Award for his title, When Markets Collide
Six shortlisted books announced for the Business Book of the Year Award
The Financial Times and Goldman Sachs today announced the new panel of judges for the 2008 Business Book of the Year
Samuel Palmisano to be keynote speaker at the Financial Times and Goldman Sachs Business Book of the Year Award, 2008
James Kynge’s China Shakes the World won in 2006
Part one: What makes a great business book?
Part two: How do you define a business book?
Part three: Do book prizes affect the literary landscape?