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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

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.

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.

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.

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

Can’t We Just Print More Money?

Economics in Ten Simple Questions

Reviewer: Rosemary Connell

Whether you're buying lunch, looking for a job, or applying for a mortgage, the thing we call 'the economy' is going to set the terms. A pity, then, that many of us have no idea how the economy actually works. That's where this book comes in.

Career and Family

Women’s Century‑Long Journey toward Equity

Reviewer: Melissa Davies, Chief Economist, Redburn

A renowned economic historian traces women’s journey to close the gender wage gap and sheds new light on the continued struggle to achieve equity between couples at home.

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.

The World in 2050

How to Think About the Future

Reviewer: Ian Harwood

What will the world look like in 2050? How will complex forces of change – demography, the environment, finance, technology and ideas about governance – affect our global society? And how, with so many unknowns, should we think about the future?

Restarting the Future

How to Fix the Intangible Economy

Reviewer: Vicky Pryce

The past two decades have witnessed sluggish economic growth, mounting inequality, dysfunctional competition, and a host of other ills that have left people wondering what has happened to the future they were promised. Restarting the Future reveals how these problems arise from a failure to develop the institutions demanded by an economy now reliant on intangible capital such as ideas, relationships, brands, and knowledge.

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.

Growth for Good

Reviewer: Ian Bright

From the front lines of economics and policymaking, a compelling case that economic growth is a force for good and a blueprint for enrolling it in the fight against climate change.

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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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