Book notes: The Money Trap

The Money Trap by Robert Pringle

Robert Pringle, The Money Trap, Palgrave Macmillan 2012, 328 pages

Robert Pringle’s new book, and an associated website that carries his regular commentaries on recent economic and financial developments, is driven by a sense of missionary zeal. He believes that at the core of the global financial crisis – or, as Pringle rather quixotically calls it, the FinCR (financial crisis and recession) – is a breakdown of the existing monetary order. The only way out of our current malaise is to make the

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