Book reviews
Book notes: Renewing our monetary vows, by Richard Barwell and Jagjit Chadha
Open letters to the governor of the Bank of England, as new chief Andrew Bailey takes over
Book notes: The art of economic catch-up, by Keun Lee
Rather than merely catch-up, book offers countries advice in making sea change in economic statuses
Book notes: After the crash, by Sharyn O’Halloran and Thomas Groll
Book seeks to identify seeds of next crisis, and overriding impression is a plea for more regulation
Book notes: The power of money, by Robert Pringle
Economists would benefit from reading this “remarkable” book about money’s historical and social roles
Book notes: The long journey of central bank communication, by Otmar Issing
This book is a “masterly exposition on central bank communication, its evolution and continuing challenges”
Book notes: The Japanese central banking system compared with its European and American counterparts, by Yoshiharu Oritani
Book has “no equal” in reviewing new microeconomic theory for central banking
Book notes: The Bank of England and the government debt, by William Allen
Required reading for Treasury, Debt Management Office and Bank of England staff
Book notes: Economics for the common good, by Jean Tirole
Book should be well received amid recent rise in populism
Book notes: Narrative economics, by Robert Shiller
The book is good fun to read, but some elements are a little disappointing
Book notes: After Piketty, by Heather Boushey, Bradford Delong & Marshall Steinbaum
The book leaves you with a deeper and nuanced understanding of Piketty's work
Book notes: Shadow networks, by Francisco Louçã and Michael Ash
While not all central bankers will read this book, the problems it presents should not be left to politicians to solve
Book notes: Humanomics, by Vernon L Smith and Bart J Wilson
While being authored by world-class Adam Smith specialists means this is a must-read, the value-added of the book “remains a bit vague”
Book notes: Why not default?, by Jerome Roos
Thought-provoking book that will repay investment of any reader with an interest in sovereign debt
Book notes: Currency, credit and crisis, by Patrick Honohan
Honohan brings an analytical eye to the measures taken to avert a deep crisis in Ireland
Book notes: The third pillar, by Raghuram Rajan
Rajan sets out ambitious – but deliberately non-radical – manifesto for reform at local level
Book notes: Floored!, by George Selgin
Michael Reddell remains unconvinced Fed’s introduction of IOR prolonged recession
Book notes: Finance and philosophy, by Alex J Pollock
Readable and useful book that provides much food for thought, and should be read widely by economists and policy-makers
Book notes: Where economics went wrong, by David Colander and Craig Freedman
Chicago economics’ gladiatorial debating style has cost the discipline dearly, the authors argue
Book notes: Democratizing Money?, by Beat Weber
This is a timely book about ‘how money really works’
Book notes: EuroTragedy, by Ashoka Mody
Former International Monetary Fund insider elegantly tells story of currency that has defied economics
Book notes: Keeping at it, by Paul Volcker with Christine Harper
Volcker delivers fascinating history-laden memoir, writes Jean-Claude Trichet
Book notes: Macroprudential policy and practice, edited by Paul Mizen, Margarita Rubio and Philip Turner
Important overview of current state of thinking about macro-prudential policy, but uncertainties remain about current allocation of financial stability responsibilities
Book notes: The Fed and Lehman Brothers, by Laurence Ball
Ball claims the Fed could have lent to Lehmans, lawfully and prudently, had it chosen to do so, writes Reddell. But agreeing the Fed could have provided liquidity support does not automatically imply it should have
Book notes: The bank that lived a little, by Philip Augar
History of British commercial bank Barclays fails to address key questions, writes Michael Taylor