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  • About us
    • Who we are
    • Society activities
      • Annual Conference
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      • Rybczynski Prize
        • Rybczynski Prize Terms & Conditions
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Book reviews

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Share Power

How ordinary people can change the way that capitalism works – and make money too

Reviewer: Ian Bright

In Share Power, Merryn Somerset Webb, Editor-in-Chief of MoneyWeek, takes us deep into the world of corporate capitalism - from the privatisation of state-owned companies in the 1980s to the financial crash of 2008 and the growth of the modern multinational - to show us how capitalism went wrong and how, with six simple recommendations, every one of us now has the power to make it work for us.

Strategic Risk Management

Designing Portfolios and Managing Risk

Reviewer: Dame Kate Barker, NED, Man Group plc

In Strategic Risk Management: Designing Portfolios and Managing Risk, Campbell R. Harvey, Sandy Rattray, and Otto Van Hemert deliver a reimagining of the risk management process.

Six Faces of Globalization

Who wins, Who Loses, and Why it Matters

Reviewer: William A Allen, NIESR

An essential guide to the intractable public debates about the virtues and vices of economic globalization, cutting through the complexity to reveal the fault lines that divide us and the points of agreement that might bring us together.

Time for Socialism

Dispatches from a World on Fire

Reviewer: Bridget Rosewell

As a correspondent for the French newspaper Le Monde, world-renowned economist Thomas Piketty has documented the rise and fall of Trump, the drama of Brexit, Emmanuel Macron’s ascendance to the French presidency, the unfolding of a global pandemic, and much else besides, always from the perspective of his fight for a more equitable world.

The Asian Financial Crisis

Reviewer: Ian Harwood

The Asian Financial Crisis 1995–98 charts Russell Napier’s personal journey during that crisis as he wrote daily for institutional investors about an increasingly uncertain future. Relying on contemporaneous commentary, it charts the mistakes and successes of investors in the battle for investment survival in Asia from 1995–98.

The Economic Integration of Europe

Reviewer: Vicky Pryce

The Economics of the Stock Market

Reviewer: Sunil Krishnan, Aviva Investors

The current consensus economic model, the neoclassical synthesis, depends on aprioristic assumptions that are shown to be invalid when tested against the data and fails to include finance. In The Economics of the Stock Market, Andrew Smithers proposes a model that is robust when tested, and by including
the impact of the stock market on the economy, overcomes both these defects.

The Voltage Effect

How to make Good Ideas Great and Great Ideas Scale

Reviewer: Ian Bright

Why do some ideas make it big while others fail to take off? According to award-winning behavioural economist John List, the answer comes down to a single question: Can the idea scale?

The New Economics

A Manifesto

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

In 1517, Martin Luther nailed his 95 theses to the wall of Wittenberg church. He argued that the Church’s internally consistent but absurd doctrines had pickled into a dogmatic structure of untruth. It was time for a Reformation. Half a millennium later, Steve Keen argues that economics needs its own Reformation.

The Resilient Society

Reviewer: Dame Kate Barker, British Coal Staff Superannuation Scheme

The Resilient Society, by Princeton University economist Markus Brunnermeier, describes how individuals, institutions, and nations can successfully navigate a dynamic, globalized economy filled with unknown risks.

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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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