Capital Wars
The Rise of Global Liquidity
Reviewer: Melissa Davies, Redburn
Global Liquidity is a much-discussed, but narrowly-researched and vaguely-defined topic. This book deeply explores the subject by clearly defining and measuring liquidity worldwide and by showing its importance for investors.
Angrynomics
Reviewer: Ian Bright
In Angrynomics, Mark Blyth and Eric Lonergan explore the rising tide of anger, sometimes righteous and useful, sometimes destructive and ill-targeted, and propose radical new solutions for an increasingly polarized and confusing world.
Outside The Box
Reviewer: Ian Harwood
From the acclaimed author of The Box, a new history of globalization that shows us how to navigate its future.
China:
The Bubble That Never Pops
Reviewer: Andrew Peaple
Tom Orlik, a veteran of more than a decade on the ground in Beijing and Shanghai, turns the spotlight on China's fragile fundamentals, and resources for resilience. Drawing on discussions with the Communist cadres planning China's rise, the bankers providing the financing, and the laborers sweating the construction sites, Orlik pieces together a unique perspective on China's past, present, and possible futures.
Quantitative Easing:
The Great Central Bank Experiment
Reviewer: Dean Turner
This book offers a thorough and perspicacious analysis of QE, which has become a recovery method of last resort. Whilst it was successful in averting another Great Depression and stimulating growth, it remains controversial and continues to promote widespread debate in economics, financial, and political-economy circles. This book is essential reading for anyone wishing to understand central banking in the national economy.
Dynamism:
The Values That Drive Innovation, Job Satisfaction, and Economic Growth
Reviewer: Kevin Gardiner, Rothschild & Co/Cardiff Capital Region Economic Growth Partnership
Phelps, Raicho Bojilov, Hian Teck Hoon, and Gylfi Zoega find evidence that differences in nations’ values matter—and quite a lot. It is no accident that the most innovative countries in the West were rich in values fueling dynamism. Nor is it an accident that economic dynamism in the United States, Britain, and France has suffered as state-centered and communitarian values have moved to the fore.
Boom and Bust:
A Global Financial History of Bubbles
Reviewer: Keith Wade, Schroders
Why do stock and housing markets sometimes experience amazing booms followed by massive busts and why is this happening more and more frequently? In order to answer these questions, William Quinn and John D. Turner take us on a riveting ride through the history of financial bubbles, visiting, among other places, Paris and London in 1720, Latin America in the 1820s, Melbourne in the 1880s, New York in the 1920s, Tokyo in the 1980s, Silicon Valley in the 1990s and Shanghai in the 2000s.
Central banking before 1800
Reviewer: William A Allen
Central Banking Before 1800 rehabilitates pre-1800 central banking, including the role of numerous other institutions, on the European continent. It argues that issuing central bank money is a natural monopoly, and therefore central banks were always based on public charters regulating them and giving them a unique role in a sovereign territorial entity.
The Classical School:
The Turbulent Birth of Economics in Twenty Extraordinary Lives
Reviewer: Rosemary Connell
This book covers the works of twenty economic thinkers spanning about three centuries (1600-1900). Few of us, though, have read their works. Fewer still realise that the economies that many of them were analysing were quite unlike our modern one, or the extent to which they were indebted to one another. So join the Economist's Callum Williams to join the dots.
Austerity:
When It Works And When It Doesn’t
Reviewer: James Smith, Resolution Foundation
In this masterful book, three of today's leading policy experts cut through the political noise to demonstrate that there is not one type of austerity but many. Looking at thousands of fiscal measures adopted by sixteen advanced economies since the late 1970s, Austerity assesses the relative effectiveness of tax increases and spending cuts at reducing debt.