The Cost of Free Money, Paola Subacchi
The Cost of Free Money, Paola Subacchi
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The Cost of Free Money
How Unfettered Capital Threatens Our Economic Future

Author: Paola Subacchi

Narrator: Henrietta Meire

Unabridged: 11 hr 36 min

Format: Digital Audiobook Download

Publisher: Ascent Audio

Published: 09/29/2020


Synopsis

A penetrating account of how unchecked capital mobility is damaging international cooperation, polarizing the economic landscape, and ultimately reshaping the global order

When it comes to the afflictions of the global economy, almost everyone—and especially Donald Trump—is quick to point the finger of blame at the state of international trade. But what about unconstrained capital flows? Unfettered capital has resulted in a string of financial and economic crises that have left our political systems strained and dialogue corroded. The once perceived benefits of openness have been cast to the wayside and the cracks in the global order can no longer be ignored.

Paola Subacchi argues that international cooperation and interdependence have become crippled. Regional restrictions will soon strengthen and a multipolar order will take shape, leading to a distinctly transformed economic landscape in which China challenges the dominance of the US dollar. Combining history, analysis, and prediction, this book provides penetrating insight into the challenges facing the international economic order.

Reviews

Goodreads review by Richard

For readers with previous exposure to the topic area, the book fails to provide much in the way of new insights into causes of / solutions for the challenges confronting the global financial system. A China-driven New Bretton Woods arrangement mooted as the way forward is then dismissed as unlikely......more

Goodreads review by Ted

A standard, clearly written look at international economic relationships which never really 'takes off'. I wanted to like this a lot. It has some good points to it, such as Paola Subacchi's writing and ability to get across complicated economic issues quite well. But it really falls short of deliver......more

Goodreads review by Jeremy

Average at best......more