The Rise of Central Banks
State Power in Financial Capitalism
Reviewer: Ian Bright
A bold history of the rise of central banks, showing how institutions designed to steady the ship of global finance have instead become as destabilizing as they are dominant.
The New China Playbook
Beyond Capitalism and Socialism
Reviewer: Kevin Gardiner, Rothschild & Co/Cardiff Capital Region
Although China’s economy is one of the largest in the world, Western understanding of it is often based on dated assumptions and incomplete information. In The New China Playbook, Keyu Jin burrows deep into the mechanisms of a unique system, taking a nuanced, clear-eyed, and data-based look inside.
Zero Interest Policy and the New Abnormal: a Critique
Reviewer: Kate Barker, Universities Superannuation Scheme
In the 'New Normal' central banks set their interest rate to zero and print money through massive quantitative easing, while finance ministries run huge fiscal deficits. Yet inflation remains minimal. Zero Interest Policy and the New Abnormal explains why.
The Two‑Parent Privilege
how the decline in marriage has increased inequality and lowered social mobility, and what we can do about it.
Reviewer: William A. Allen, National Institute for Economic and Social Research
Based on more than a decade of economic research, including her original work, Kearney shows that a household that includes two married parents ― holding steady at the higher end of the socioeconomic scale, increasingly rare among almost everyone else ― functions as an economic vehicle that advantages some children over others.
A Monetary and Fiscal History of the United States 1961‑2021
Reviewer: Maximilian Magnacca
In this book, Alan Blinder, one of the world’s most influential economists and one of the field’s best writers, draws on his deep firsthand experience to provide an authoritative account of sixty years of monetary and fiscal policy in the United States.
Understanding Economics: A Work of Science Fiction
Reviewer: Leath Al Obaidi
A work of science fiction takes an in depth look at the factors that make economics so difficult to understand and explain and, aware of these limitations, tries to explain them anyway.
The Economic Government of the World, 1933‑2023
Reviewer: Ian Harwood
Martin Daunton examines the changing balance over ninety years between economic nationalism and globalization, explaining why one economic order breaks down and how another one is built, in a wide-ranging history of the institutions and individuals who have managed the global economy.
Economics in America
An Immigrant Economist Explores the Land of Inequality
Reviewer: Bridget Rosewell
When economist Angus Deaton immigrated to the United States from Britain in the early 1980s, he was awed by America’s strengths and shocked by the extraordinary gaps he witnessed between people. Economics in America explains in clear terms how the field of economics addresses the most pressing issues of our time.
A Crash Course on Crises
Macroeconomic Concepts for Run‑ups, Collapses and Recoveries
Reviewer: Anjalika Badalai
A Crash Course on Crises brings together the latest cutting-edge economic research to identify the seeds of these crashes, reveal their triggers and consequences, and explain what policymakers can do about them
America, China and the Clash of False Narratives
Reviewer: Andrew Peaple
In the short span of four years, America and China have entered a trade war, a tech war, and a new Cold War. Outlining the disastrous toll of conflict escalation between China and America, Roach offers a new road map to restoring a mutually advantageous relationship