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‘Governments should spend no more than their tax income.’ Most people in Europe and North America accept this statement as simple common sense. It resonates with the deeply engrained economic metaphors that dominate public discourse, from ‘living within your means’ to...
Winner of the 2020 Pushkin House Book PrizeRussia’s relationship with its neighbours and with the West has worsened dramatically in recent years. Under Vladimir Putin’s leadership, the country has annexed Crimea, begun a war in Eastern Ukraine, used chemical weapons on...
John Maynard Keynes is the 20th century’s greatest economist. He sparked an intellectual revolution that transformed economic theory and policymaking. This book, written in plain English with minimal mathematics, is a concise and probing account of his major ideas. ...
With protectionist sentiment and economic nationalism on the rise, international trade and how it is governed is at the heart of some of the most important contemporary economic and political debates. Comprehensive and clear, this book skilfully outlines and analyses...
What is life like for workers in the gig economy? Is it a paradise of flexibility and individual freedom? Or is it a world of exploitation and conflict? Callum Cant took a job with one of the most prominent platforms, Deliveroo, to find out. His vivid account of the...
Looming trade wars and rising nationalism have stirred troubling memories of the 1930s. Will history repeat itself? Do we face the chaotic breakdown of the global economic system in the face of stagnation, protectionism and political tumult? Jeremy Green argues that,...
We are witnessing a crisis of liberal democracy. A widespread fear of social decline, rapid globalization and uncontrolled immigration have culminated in a prevailing mood of hostility towards the established order. Confidence in democratic institutions and mainstream...
9/11 was an inside job. The Holocaust is a myth promoted to serve Jewish interests. The shootings at Sandy Hook Elementary School were a false flag operation. Climate change is a hoax perpetrated by the Chinese government. These are all conspiracy theories. A glance...
In recent times, US-Russia relations have deteriorated to what both sides acknowledge is an “all time low.” Russian interference in the 2016 US presidential election and Putin’s continued support for the Assad regime in Syria have placed enormous strain on this...
Austerity has been at the center of political controversy following the 2008 financial crisis, invoked by politicians and academics across the political spectrum as the answer to, or cause of, our post-crash economic malaise. However, despite being the cause of debate...
In 2017, a white supremacist rally at the University of Virginia forced many to consider how much progress had been made in a country that, nine years prior, had elected its first Black president. Beyond these racial flashpoints, the increasingly polarized nature of US...
International conflict has long plagued the world, and it continues to do so. With many interstate and civil disputes experiencing no third-party attempts at conflict management, how can the international community mitigate the effects of and ultimately end such...
No economist has written more incisively and provocatively on financial crisis than Hyman Minsky. Minsky is best known for his claim that "stability is destabilizing" – that the seeds of the bust are sown in the boom. This financial instability hypothesis received...
In the wake of the 2008 financial crisis, central banks created trillions of dollars of new money, and poured it into financial markets. ‘Quantitative Easing’ (QE) was supposed to prevent deflation and restore economic growth. But the money didn’t go to ordinary...
Over the past century alone, Russia has lived through great achievements and deepest misery; mass heroism and mass crime; over-blown ambition and near-hopeless despair – always emerging with its sovereignty and its fiercely independent spirit intact. In this book,...
The supreme challenge of our time is tackling climate change. We urgently need to curtail our use of fossil fuels – but how can we do so in a just and feasible way? In this compelling book, leading economist James Boyce shows that the key to solving this conundrum is to...
Advocated (and attacked) by commentators across the political spectrum, paying every citizen a basic income regardless of their circumstances sounds utopian. However, as our economies are transformed and welfare states feel the strain, it has become a hotly debated...
Rethinking Global Governance casts fresh eyes upon a once poignant but now languishing concept. Its purpose is to disrupt the simple association between global governance and the actions and activities of international organizations in the post-Cold War era and to focus...
Is climate catastrophe inevitable? In a world of extreme inequality, rising nationalism and mounting carbon emissions, the future looks gloomy. Yet one group of environmentalists, the ‘ecomodernists’, are optimistic. They argue that technological innovation and...
What should be done after the end of a repressive regime or a civil war? How can bitter divisions be resolved in a way that combines reconciliation with accountability? In this book, Michael Newman accessibly introduces these debates, outlining the key ideas and giving...
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