Book description
A wonderful blend of "politics and economics, micro and macro, past and present in an accessible narrative" (The Washington Post), Global Capitalism presents an authoritative history of the twentieth-century global economy. Jeffry A. Frieden's discussion of the financial crisis of 2008 explores its causes, the many warning signals for policymakers…
Why read it?
1 author picked Global Capitalism as one of their favorite books. Why do they recommend it?
Quite simply the best survey of 20th-century international political economy out there. I assign it to my students and turn to it whenever I need a brief refresher on things.
How exactly did the classic gold standard collapse? Why again did Latin American countries turn autarkic after World War II? What was the role of foreign direct investment under Bretton Woods? Why did labor suffer in the 1970s, and why did finance boom in the 1980s?
Frieden has the answers, and he presents them in a supple narrative and with a commendably sharp sense of politics.
From Stefan's list on The best books combining economic and political history.
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