The Price of Prosperity
Why Rich Nations Fail and How to Renew Them
Reviewer: Matthew Whittaker, Chief Economist, Resolution Foundation
In this bold history and manifesto, a former White House director of economic policy exposes the economic, political, and cultural cracks that wealthy nations face and makes the case for transforming those same vulnerabilities into sources of strength—and the foundation of a national renewal.

Progress
Ten Reasons to Look Forward to the Future
Reviewer: Ian Stewart, Chief Economist, Deloitte
It’s all over our televisions, newspapers and the internet. Every day we’re bludgeoned by news of how bad everything is – Brexit, financial collapse, unemployment, poverty, environmental disasters, disease, hunger, war. Indeed, our world now seems to be on the brink of collapse, and yet contrary to what most of us believe, our progress over the past few decades has been unprecedented.

The political origins of inequality
Why a More Equal World is Better for Us All
Reviewer: Christine Shields, Shields Economics
Inequality is the defining issue of our time. But it is not just a problem for the rich world. It is the global 1% that now owns fully half the world's wealth-the true measure of our age of inequality. In this historical tour de force, Simon Reid-Henry rewrites the usual story of globalization and development as a story of the management of inequality.

Platform Revolution
How Networked Markets Are Transforming The Economy
Reviewer: Mark Cleary, Kinetic Economics
Facebook, PayPal, Alibaba, Uber-these seemingly disparate companies have upended entire industries by harnessing a single phenomenon: the platform business model. Platform Revolution delivers the first comprehensive analysis of how platforms use technology to match producers and consumers in a multisided marketplace, unlocking hidden resources and creating new forms of value.

The Man Who Knew
The Life & Times of Alan Greenspan
Reviewer: Ian Harwood, Independent Economic & Investment Consultant
Shortlisted for the FT/McKinsey Business Book of the Year Award, this is the biography of one of the titans of financial history over the last fifty years.

The Wealth of Humans
Work and its Absence in the Twenty‑first Century
Reviewer: Andrew Sentance, Senior Economic Adviser, PwC and former MPC member
To work is human, yet the world of work is changing fast, and in unexpected ways. With rapid advances in information technology, huge swathes of the job market - from cleaners and drivers to journalists and doctors - are being automated: a staggering 47% of American employment is at risk of automation within the next two to three decades. At the same time, millions more jobs are being created. What does the future of work hold?

Lehman Brothers: A Crisis of Value
Reviewer: Rosemary Connell, Consultant
Using extensive documentary evidence and interviews with former Lehman employees, Oonagh McDonald reveals the decisions that led to Lehman's collapse, investigates why the government refused a bail-out and whether the implications of this refusal were fully understood. In clear and accessible language she demonstrates both the short and long term effects of Lehman's collapse.

Rewriting the Rules of the American Economy
Reviewer: Matthew Whittaker, Chief Economist, Resolution Foundation
Inequality is a choice. The United States bills itself as the land of opportunity, a place where anyone can achieve success and a better life through hard work and determination. But the facts tell a different story-the U.S. today lags behind most other developed nations in measures of inequality and economic mobility. In this book, Stiglitz suggests a whole menu of policy changes to move the US toward a more widely shared prosperity.

Success and Luck
Reviewer: Matthew Whittaker, Chief Economist, Resolution Foundation
From New York Times bestselling author and economics columnist Robert Frank, a compelling book that explains why the rich underestimate the importance of luck in their success, why that hurts everyone, and what we can do about it.

China's Next Strategic Advantage
Reviewer: Sunil Krishnan, Head of Global Asset Allocation, Hermes Investment Management
The history-making development of the Chinese economy has entered a new phase. China is moving aggressively from a strategy of imitation to one of innovation. Driven both by domestic needs and by global ambition, China is establishing itself at the forefront of technological innovation. Experts George Yip and Bruce McKern explain this epic transformation and propose strategies for both Western and Chinese companies.

Finding Time: the economics of work‑life conflict
Reviewer: David Lancefield, Global Leader of Economics and Policy, PwC
Employers today are demanding more and more of employees time. And from campaign barbecues to the blogosphere, workers across the United States are raising the same worried question: How can I get ahead at my job while making sure my family doesn t fall behind?Heather Boushey argues that resolving work-life conflicts is as vital for individuals and families as it is essential for realizing the country s productive potential.

The New Case for Gold
Reviewer: Jill Leyland, Formerly Economic Adviser, World Gold Council
In The New Case for Gold, James Rickards explains why gold is one of the safest assets for investors in times of political instability and market volatility, and how every investor should look to add gold to his or her portfolio.

Policy Stability and Economic Growth
Reviewer: Vicky Pryce, Former Joint Head of the Government Economic Service

The End of Alchemy
Money, Banking, and the Future of the Global Economy
Reviewer: Andrew Sentance, Senior Economic Adviser, PwC
Something is wrong with our banking system. We all sense that, but Mervyn King knows it firsthand; his ten years at the helm of the Bank of England, including at the height of the financial crisis, revealed profound truths about the mechanisms of our capitalist society. In The End of Alchemy he offers us an essential work about the history and future of money and banking, the keys to modern finance.

Progress and Confusion
The State of Macroeconomic Policy
Reviewer: Vicky Pryce, Former Joint Head of the Government Economic Service
What will economic policy look like once the global financial crisis is finally over? Will it resume the pre-crisis consensus, or will it be forced to contend with a post-crisis "new normal"? Have we made progress in addressing these issues, or does confusion remain? In April of 2015, the International Monetary Fund gathered leading economists, both academics and policymakers, to address the shape of future macroeconomic policy. This book is the result, with prominent figures – including Ben Bernanke, Lawrence Summers, and Paul Volcker – offering essays that address topics that range from the measurement of systemic risk to foreign exchange intervention.

The Rise and Fall of American Growth
Reviewer: Ian Stewart, Chief Economist, Deloitte
In the century after the Civil War, an economic revolution improved the American standard of living in ways previously unimaginable. Electric lighting, indoor plumbing, home appliances, motor vehicles, air travel, air conditioning, and television transformed households and workplaces. With medical advances, life expectancy between 1870 and 1970 grew from forty-five to seventy-two years. Weaving together a vivid narrative, historical anecdotes, and economic analysis, The Rise and Fall of American Growth provides an in-depth account of this momentous era. But has that era of unprecedented growth come to an end?

Why Minsky Matters
An Introduction to the Work of a Maverick Economist
Reviewer: Ian Harwood, Independent Consultant
Perhaps no economist was more vindicated by the global financial crisis than Hyman P. Minsky (1919-96). Although a handful of economists raised alarms as early as 2000, Minsky's warnings began a half-century earlier, with writings that set out a compelling theory of financial instability. In Why Minsky Matters, L. Randall Wray shows that by understanding Minsky we will not only see the next crisis coming but we might be able to act quickly enough to prevent it.

The power and independence of the Federal Reserve
Reviewer: Bill Allen, Economic Consultant
The independence of the Federal Reserve is considered a cornerstone of its identity, crucial for keeping monetary policy decisions free of electoral politics. But do we really understand what is meant by "Federal Reserve independence"? Using scores of examples from the Fed's rich history, The Power and Independence of the Federal Reserve shows that much common wisdom about the nation's central bank is inaccurate.

Between Debt and the Devil: Money, Credit and Fixing Global Finance
Reviewer: Ian Mulheirn, Director of Consulting, Oxford Economics
Adair Turner became chairman of Britain’s Financial Services Authority just as the global financial crisis struck in 2008, and he played a leading role in redesigning global financial regulation. In this eye-opening book, he sets the record straight about what really caused the crisis. It didn’t happen because banks are too big to fail—our addiction to private debt is to blame.

The Silo Effect
Reviewer: Bronwyn Curtis OBE
In The Silo Effect, Gillian Tett uses an anthropological lens to explore how individuals, teams and whole organisations often work in silos of thought, process and product. With examples drawn from a range of fascinating areas - the New York Fire Department and Facebook to the Bank of England and Sony - these narratives illustrate not just how foolishly people can behave when they are mastered by silos but also how the brightest institutions and individuals can master them.
