‘Fault Lines’ by Raghuram G. Rajan

Read our article in the Cayman Financial Review Magazine, eversion Much has already been written about the causes and cures of the financial crisis of...

Inside the Nixon Administration:

 

 On 15 August, 1971, President Richard Nixon unilaterally ended the international system of rules that had governed the financing of international trade and investment since the end of World War II.

Not even good fiction Treasure Islands:

Have you ever read a book or article about a topic in which you have some expertise and realised that much of what you have read is dead wrong?  

Capital Ideas: The IMF and the Rise of Financial Liberalisation

Jeffrey M. Chwieroth(Princeton University Press 2010) ISBN 978-0-691-14232-6, 311 pp. One of the most important economic changes in the post-World War II period was...

The Relentless Revolution: A history of capitalism

UCLA Professor of History Emeritus Joyce Appleby has written a history of capitalism that is broad in its coverage of the subject, novel in its interpretation of capitalism’s effects, and, because of a lack of constant documentation and reference to literature, a book that happily takes on the tone of a story

Money, Markets & Sovereignty

A central theme of this book is that such a dramatic expansion of trade could not have occurred without an international currency with which to pay for it. The gold standard – national currencies convertible into gold at fixed prices – provided such a world currency and other virtues as well.

This Time is Different:

Have you ever encountered a book in your field of inquiry that upon reading, you knew the book should be put on that special shelf reserved for favourites? That the book was so fundamentally good and strong that you would be reading it again and again and referring others to do the same? 

Just taxes: The politics of taxation in Britain, 1914-1979 (Cambridge University Press 2002) by...

Cambridge University Economic History Professor Martin Daunton has pulled off the astounding feat of writing not just one, but two books about the history of taxation that are not only thoroughly researched and thoughtful but are written in such a lively style and illustrated with so many ...

The Ascent of Money: A financial history of the world

Reviewed by Richard W. RahnHow much money do you have? It is most often considered an impolite question and therefore seldom asked, but nevertheless...

The Euro – The Politics of the New Global Currency, by David Marsh

Bundesbank President Tietmeyer once said to his British counterpart, “You have the House of Lords, the Queen and your established traditions – we have...

The Law Market

In England, a motorcyclist was recently sentenced to six months in jail for riding at speeds of up to 122 mph on a half-mile...