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      • Annual Conference
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      • Rybczynski Prize
        • Rybczynski Prize Terms & Conditions
        • Winning essays (Reading~Room)
        • Recent winners
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  • What's on
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Reading Room
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Book reviews

How to be a Successful Economist

Reviewer: Kate Barker, USS

Exploring the wealth of career opportunities open to those with an interest in economics, Pryce, Ross, Birdi, and Harwood reflect on how students can become successful economists.

Follow the Money

How much does Britain cost?

Reviewer: Rosemary Connell

This is a forensic examination - by the man best placed to do so - of the way the state raises and spends £1 trillion of our money every year.

1 comment

The Illusion of Control

Why Financial Crises Happen, and What We Can (and Can’t) Do About It

Reviewer: Leath Al Obaidi

We Need to Talk About Inflation

Reviewer: Vicky Pryce

A myth-busting explanation of inflation, the desperate gullibility of central bankers and finance ministers―and our abject failure to learn from history

Politicians and Economic Experts

The Limits of Technocracy

Reviewer: Neil Reeder, Director, Head and Heart Economics

Based on interviews with politicians and advisers from France, Germany, Denmark, the UK and USA, this book reveals why deferring to the experts is neither viable nor desirable, and how we have to trust politicians to take the lead role in solving economic problems.

The Gender of Capital

How Families Perpetuate Wealth Inequality

Reviewer: Ian Bright

Two leading social scientists examine the gender wealth gap in countries with officially egalitarian property law, showing how legal professionals―wittingly and unwittingly―help rich families and men maintain their privilege.

Megathreats

The ten trends that imperil our future, and how to survive them

Reviewer: Kevin Gardiner, Rothschild & Co/Cardiff Capital Region Econ Growth Partnership

World renowned economist Nouriel Roubini was nicknamed Dr. Doom until his warnings of the 2008 housing crisis and Great Financial Crisis came true - when it was too late. Now he's back with much scarier predictions, ones that we ignore at our peril.

A World of Insecurity

Reviewer: Christine Shields, Shields Economics

An ambitious account of the corrosion of liberal democracy in rich and poor countries alike, arguing that antidemocratic sentiment reflects fear of material and cultural loss, not a critique of liberalism’s failure to deliver equality, and suggesting possible ways out.

Making Money Work for Us

How MMT Can Save America

Reviewer: Melissa Davies, Redburn

In this book, leading Modern Money Theory (MMT) advocate Randy Wray explains that the only real constraints on public policy are physical resources, technological capacity and political will: but never money.

Investing Amid Low Expected Returns

Reviewer: Kate Barker, British Coal Staff Superannuation Scheme

Investing Amid Low Expected Returns: Making the Most When Markets Offer the Least provides an evidence-based blueprint for successful investing when decades of market tailwinds are turning into headwinds. 

A Herstory of Economics

Reviewer: Vicky Pryce

In this book, distinguished economist Edith Kuiper shows us that the history of economic thought is just that, a his-story, by telling the herstory of economic thought from the perspective of women economic writers and economists.

The New Monetary Policy Revolution

Advice and Dissent

Reviewer: William A Allen, National Institute of Economic & Social Research

Global Discord

Values and Power in a Fractured World Order

Reviewer: Kevin Gardiner, Rothschild & Co/Cardiff Capital Region Econ Growth Partnership

How to sustain an international system of cooperation in the midst of geopolitical struggle

The Price of Time

The Real Story of Interest

Reviewer: John Shepperd, Butler Toll

In The Price of Time, Edward Chancellor traces the history of interest from its origins in ancient Mesopotamia, through debates about usury in Restoration Britain and John Law ' s ill-fated Mississippi scheme, to the global credit booms of the twenty-first century.

Slouching Towards Utopia

An Economic History of the Twentieth Century

Reviewer: Bridget Rosewell

From one of the world's leading economists, a sweeping new history of the twentieth century—a century that left us vastly richer, yet still profoundly dissatisfied.

21st Century Monetary Policy

Reviewer: Lavan Mahadeva

A former chair of the Federal Reserve explains the transformation of one our most powerful and consequential institutions. 

Why the West is Failing

Failed Economics and the Rise of the East

Reviewer: Ian Bright

Raising Keynes

A Twenty‑First-Century General Theory

Reviewer: Bridget Rosewell

Back to the future: a heterodox economist rewrites Keynes’s General Theory of Employment, Interest, and Money to serve as the basis for a macroeconomics for the twenty-first century.

The Money Minders

Reviewer: Dame Kate Barker, British Coal Staff Superannuation Scheme

In this book, NIESR director Jagjit Chadha unpacks the world of central banking, explaining in accessible language the analytical techniques, policy toolkits or simple story-telling that they use to understand the economy, to implement monetary policy and to communicate their decisions to key decision-makers and the wider public.

The United States vs. China

The Quest for Global Economic Leadership

Reviewer: Andrew Peaple

In this sweeping and authoritative analysis of the competition for global economic leadership between China and the United States, C. Fred Bergsten warns of the disastrous consequences of hostile confrontation between these two superpowers.

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Articles reflect the authors’ views which are not necessarily shared by the Society or the Editor. The Editor welcomes comments, ideas and articles on a wide range of applied economics topics and related issues of more general interest.

For Books and Reviews contact:
Ian Harwood
Book Reviews Editor, The Society of Professional Economists
harwoodfive@btinternet.com

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