Book notes: Economists in the cold war, by Alan Bollard

A geographically balanced review of key economists that shaped the world economy

Economists in the cold war, by Alan Bollard

Alan Bollard, Economists in the Cold War: how a handful of economists fought the battle of ideas, Oxford University Press 2023, xxv+357 pages

After the fall of the Berlin wall, the dominance of the Western liberal order, with democracy and a free-market economy seemed inevitable (leading to ideas of ‘the end of history’). However, the ensuing decades showed significant successes of ‘illiberal democracy’ and saw countries such as China and Russia evolve towards more ‘authoritarian’ regimes. In a

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