Economy

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    Book Review: Portfolio Society: On the Capitalist Modes of Prediction by Ivan Ascher

Book Review: Portfolio Society: On the Capitalist Modes of Prediction by Ivan Ascher

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In Portfolio Society: On the Capitalist Modes of Prediction, Ivan Ascher explores how the abstraction and securitisation of risk in financial markets have had a profound influence on economic and social relations, with a particular focus on the aftermath of the global financial crisis. The book underscores the extent to which much of the ‘value’ generated by the contemporary economy results […]

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    Book Review: Accounting for Capitalism: The World the Clerk Made by Michael Zakim

Book Review: Accounting for Capitalism: The World the Clerk Made by Michael Zakim

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In Accounting for Capitalism: The World the Clerk Made, Michael Zakim examines how an emergent class of finance professionals fundamentally transformed the foundations of the US economy and democracy in the nineteenth century. This thorough and cogently argued investigation demonstrates the grand historical consequences wrought by these lesser-known enablers of a new economic system, finds Jeff Roquen. 

Accounting for Capitalism: The […]

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    Book Review: The Value of Everything: Making and Taking in the Global Economy by Mariana Mazzucato

Book Review: The Value of Everything: Making and Taking in the Global Economy by Mariana Mazzucato

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In The Value of Everything: Making and Taking in the Global Economy, Mariana Mazzucato explores the concept of value today, showing how value extraction is now more highly rewarded than value creation. This is a meticulous and insightful analysis of value in the economy that will help to reopen the debate into ‘the value of everything’, writes Wannaphong Durongkaveroj.
If you are interested in this book […]

October 14th, 2018|Book Reviews, Economy|0 Comments|
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    Trump’s tax cut was a well-timed giveaway for the midterms

Trump’s tax cut was a well-timed giveaway for the midterms

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When we talk about elections, the role of the economy inevitably looms large. Less than a year ago, Congress passed a $1.5 trillion tax cut bill, which alongside increased spending, may stimulate economic growth until 2019. Linda Yueh writes that the Trump-sponsored tax cut and fiscal stimulus are likely to influence voters to a greater degree than the president’s […]

Book Review: The Infinite Desire for Growth by Daniel Cohen

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In The Infinite Desire for Growth, Daniel Cohen offers a historical and philosophical account of the adoption of growth as a principle and goal in economic theory from the Enlightenment to the present day. While the essays at times overlook the specific historical and political contexts in which the concept of growth emerged and developed, the collection is thought-provoking and […]

Net Neutrality in a hyperlinked Internet economy

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The relaxation of the Net Neutrality rules can have important consequences for Internet users, write Joan Calzada and Markos Tselekounis.

Have you ever realized that the websites and social platforms you use are full of links that lead you to contents, videos or advertisements of other content providers? And that you usually surf from one site to another without typing […]

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    “Better than the Walmart parking lot”: Valle, Arizona epitomizes the extreme poverty that is the dark side of the American Dream

“Better than the Walmart parking lot”: Valle, Arizona epitomizes the extreme poverty that is the dark side of the American Dream

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The ideal of the American Dream encapsulates the US’ founding ideals of freedom of opportunity and the promise of upward social mobility. But what happens to those for whom that dream has failed? Since 2013, Susannah Crockford has been visiting Valle, Arizona, where many residents live on the margins of society in extreme poverty. She writes that, like many […]

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    Book Review: Foundational Economy: The Infrastructure of Everyday Life by The Foundational Economy Collective

Book Review: Foundational Economy: The Infrastructure of Everyday Life by The Foundational Economy Collective

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In Foundational Economy: The Infrastructure of Everyday Life, The Foundational Economy Collective present a radical new approach to economic and development policy based on ‘the foundational economy’ (FE): the material infrastructure and services that provide the basic requirements of life to all citizens regardless of income and location. John Tomaney welcomes this as a vital contribution to the urgent task of constructing […]

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    Ten years from the crash: time to row back on financial regulation and compliance?

Ten years from the crash: time to row back on financial regulation and compliance?

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Misconduct flourishes in good times, and that’s when it’s most dangerous to drop your guard, write Geoff Meeks and Chander Velu.

The collapse of Lehman Brothers on 15 September 2008 was the most significant single event of the ‘Great Financial Crisis’ (GFC). In his new book, Crashed, Adam Tooze writes that, “After September 15, 2008, avoiding another Lehman became an […]

The economic consequences of family-oriented policies

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What we know about their labour market effects, with an analysis of data on 30 OECD countries over 45 years, write Claudia Olivetti and Barbara Petrongolo.

All high-income countries, as well as several developing countries, have policies in place to make it easier for people to balance their working lives with their family commitments. These include parental leave, childcare support […]

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