New Books Network

Daniel Peris on Robert Shiller’s “Narrative Economics” (Princeton UP, 2019)
Culture matters. And a key element of culture is storytelling. These maxims can be accepted as given, except in modern economics, where the mechanistic framework of modern macroeconomic analysis allows just for formulas. Concerned about the relationship between unemployment levels and inflation? Here’s the formula:  gW = gWT – f(U − U*) + λ·gPex    It’s called the Phillips... Read More
James C. W. Ahiakpor, “Macroeconomics without the Errors of Keynes” (Routledge, 2019)
I spoke with James C. W. Ahiakpor, he is Professor Emeritus, Department of Economics, at California State University, East Bay, USA. We discussed his new book Macroeconomics without the Errors of Keynes: The Quantity Theory of Money, Saving, and Policy (Routledge, 2019)–a provocative title for a very original book that... Read More
Lawrence Glickman, “Free Enterprise: An American History” (Yale UP, 2019)
“Free enterprise” is an everyday phrase that connotes an American common sense. It appears everywhere from political speeches to pop culture. And it is so central to the idea of the United States that some even labeled Christopher Columbus and the Pilgrims free enterprisers. In his new book, Free Enterprise:... Read More
David Bahnsen, “The Case for Dividend Growth: Investing in a Post-Crisis World” (Post Hill Press, 2019)
Dividend investors are a small but dedicated band. Ten years into a stock market rally led by no or low-dividend paying companies, they still argue in favor of long-term business ownership rather than betting on near-term prices in the market. They still view a dividend as, in the words of... Read More
Philip Grant, “Chains of Finance: How Investment Management is Shaped” (Oxford UP, 2017)
The authors of Chains of Finance: How Investment Management is Shaped (Oxford University Press, 2017) make points that professionals already know and that end-investors ought to know: that there are a lot of cooks in the investment kitchen, and that the investment process is materially shaped by the chain of... Read More
Sarah L. Quinn, “American Bonds: How Credit Markets Shaped a Nation” (Princeton UP, 2019)
Federal housing finance policy and mortgage-backed securities have gained widespread attention in recent years because of the 2008 financial crisis, but government credit has been part of American life since the nation’s founding. Sarah L. Quinn’s new book dissects the political and social development of these policies in American Bonds:... Read More
John Quiggin, “Economics in Two Lessons: Why Markets Work So Well, and Why They Can Fail So Badly” (Princeton UP, 2019)
Trying to follow the key macroeconomic debates that are swirling around DC, CNBC, the WSJ and the NYT? If you are but don’t want to go back to graduate school or re-open your college macroeconomics textbook, John Quiggin has a solution. His Economics in Two Lessons: Why Markets Work So... Read More