The crisis of inaction
The Status Quo Crisis: Global Governance After the 2008 Meltdown, by Eric Helleiner. A guest review by Bill Allen The crisis in Eric Helleiner’s title is not something that has happened, but...
View ArticleUK bank profits are back to their pre-crisis peak
Earlier this week I attended the ONS’s regular Economic Forum, and the recent changes to the National Accounts provided one of the main subjects discussed. The slides included this one showing the old...
View ArticleRailways and plutocrats
This is a bit off-topic i.e. isn’t an economics book, but I enjoyed Iain Sinclair’s latest, London Overground: A Day’s Walk around the Ginger Line. It’s an absolutely characteristic dyspeptic take on...
View ArticleA tale of modern Russia – and London
The latest instalment in my holiday reading has been Peter Pomerantsev’s Nothing is True and Everything is Possible: Adventures in Modern Russia. I’d started it on the train home from the bookstore...
View ArticleLife beyond shareholder value
The peerless Izabella Kaminska (@izakaminska) of the FT linked this morning to this Andy Haldane speech, which I’d only skimmed when he made it. The speech discusses the consequences for corporate...
View ArticleOther people’s money
Catching up with post-holiday stuff has slowed me down, but I finished John Kay’s new book, Other People’s Money: Masters of the Universe or Servants of the People? on a flight back from his native...
View ArticleBankrupt banks
I’ve been browsing through a new book, Making Failure Feasible: How Bankruptcy Reform Can End Too Big to Fail, edited by Kenneth Scott, Thomas Jackons and John Taylor. The book is the product of a...
View ArticleHow can financial services serve?
A 2010 book, Portfolios of the Poor, made a big impression on me because the researchers had taken great care to ask poor people (in Bangladesh, India and South Africa) in great detail how they managed...
View ArticlePower and legitimacy
Paul Tucker’s book Unelected Power: The Quest for Legitimacy in Central Banking and the Regulatory State is a significant contribution to the literature about the trade-off between participatory...
View ArticleBanks versus business
The latest in my catch-up reading has been British Business Banking: The Failure of Finance Provision for SMEs by Michael Lloyd. This is obviously a bit niche but of great interest as the vacuum in...
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