New Ideas on Development After The Financial Crisis
Reviewer: Mark Henstridge, Chief Economist, Oxford Policy Management
Editors Nancy Birdsall and Francis Fukuyama bring together leading scholars to explore the implications of the global financial crisis on existing and future development strategies.
Whats the Use of Economics?
Teaching the Dismal Science After the Crisis
Reviewer: Peter Sinclair, Emeritus Professor of Economics, University of Birmingham
With the financial crisis continuing after five years, people are questioning why economics failed either to send an adequate early warning ahead of the crisis or to resolve it quickly. The gap between important real-world problems and the workhorse mathematical model-based economics being taught to students has become a chasm. This book examines what economists need to bring to their jobs, and the way in which education in universities could be improved to fit graduates better for the real world.
…And the Pursuit of Happiness
Reviewer: Henry Stuart, Happy Computers
In spite of general reductions in government spending, the prime minister has found room in the government's budget to spend money on a major survey of what makes the British people happy.Tthis monograph provides a substantial challenge to those who want to put the explicit pursuit of well-being at the heart of government policy.
Economics After the Crisis
Reviewer: Bill Allen, Formerly Deputy Director, Bank of England
The global economic crisis of 2008–2009 seemed a crisis not just of economic performance but also of the system's underlying political ideology and economic theory. But a second Great Depression was averted, and the radical shift to New Deal-like economic policies predicted by some never took place. Perhaps the correct response to the crisis is simply careful management of the macroeconomic challenges as we recover, combined with reform of financial regulation to prevent a recurrence. In Economics After the Crisis, Adair Turner offers a strong counterargument to this somewhat complacent view.
Paper Money Collapse
The Folly of Elastic Money and the Coming Monetary Breakdown
Reviewer: Dave Birch, Consult Hyperion
Drawing upon novel new research, Paper Money Collapse conclusively illustrates why paper money systems—those based on an elastic and constantly expanding supply of money as opposed to a system of commodity money of essentially fixed supply—are inherently unstable and why they must lead to economic disintegration.
Exceptional People
How Migration Shaped Our World and Will Define Our Future
Reviewer: Chola Mukanga, The Zambian Economist
In Exceptional People, the authors carry out an even-handed assessment of the costs and benefits of international migration. They find that all involved - the countries that receive immigrants, those that send them, and immigrants most of all - prosper when movement across borders is allowed without hindrance.
The Evolution of Great World Cities
Reviewer: Professor Henry Overman, London School of Economics
The Evolution of Great World Cities unfolds through the tales of several urban centres - including Venice, Amsterdam, London, and New York City - at key junctures in their histories.
Environmental Economics
A Very Short Introduction
Reviewer: Benedikt Koehler
In this Very Short Introduction, Stephen Smith discusses environmental issues including pollution control, reducing environmental damage, and global climate change policies.
Paper Promises
Money Debt and the New World Order
Reviewer: John Whitley, Senior Global Economist, Unilever
In this fascinating look at money through the ages - including our own unstable future - award-winning financial journalist Philip Coggan examines the flawed structure of the global finance systems as they exist today, and asks, with deeper imbalances that the world is currently facing, what's actually at stake.
Beyond Our Means
Why America Spends While the Rest of the World Saves
Reviewer: Stephen King, Group Chief Economist, HSBC
Professor Garon offers brilliant scholarship, engaging reading, and some practical insights for dealing with our current financial crisis worldwide.