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Kenneth Rogoff - Our Dollar, Your Problem, Inbunden

Inbunden, Engelska, 2025

Our Dollar, Your Problem

An Insider's View of Seven Turbulent Decades of Global Finance, and the Road Ahead

Av Kenneth Rogoff

497 kr

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Beskrivning
A National Bestseller • Recommended by Financial Times as “What to Read in 2025”  “The central argument of Our Dollar, Your Problem—that the greenback’s pre-eminence was never guaranteed and might plausibly be overturned—could hardly be more timely.”—The Economist  A leading economist explores the global rise of the U.S. dollar and shows why its future stability is far from assured  Our Dollar, Your Problem argues that America’s currency might not have reached today’s lofty pinnacle without a certain amount of good luck. Drawing in part on his own experiences, including with policymakers and world leaders, Kenneth Rogoff animates the remarkable postwar run of the dollar—how it beat out the Japanese yen, the Soviet ruble, and the euro—and the challenges it faces today from crypto and the Chinese yuan, the end of reliably low inflation and interest rates, political instability, and the fracturing of the dollar bloc. Americans cannot take for granted that the Pax Dollar era will last indefinitely, not only because many countries are deeply frustrated with the system, but also because overconfidence and arrogance can lead to unforced errors. Rogoff shows how America’s outsized power and exorbitant privilege can spur financial instability—not just abroad but also at home.
Produktinformation
  • Utgivningsdatum: 2025-05-06
  • Mått: 160 x 239 x 30 mm
  • Vikt: 681 g
  • Format: Inbunden
  • Språk: Engelska
  • Antal sidor: 360
  • Förlag: Yale University Press
  • ISBN: 9780300275315
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Kenneth Rogoff is Maurits C. Boas Professor of Economics at Harvard University and former International Monetary Fund chief economist. One of the world’s foremost observers on the global economy, he is coauthor of the New York Times bestselling This Time Is Different.

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“In this brilliant book, Rogoff warns that the primacy of the dollar is at risk.”—Martin Wolf, Financial Times, “Best Summer Books of 2025: Economics”“[Rogoff’s] autobiographical element nicely enhances the sometimes technical (but always accessible) monetary story.”—James Grant, Wall Street Journal“One of [Rogoff’s] past books presciently warned about the dangers of a financial crisis. [His new book] Our Dollar, Your Problem worries that we are jeopardizing the dollar’s pivotal role in the global economy. That should matter to all Americans.”—Fareed Zakaria, Washington Post“The central argument of Our Dollar, Your Problem—that the greenback’s pre-eminence was never guaranteed and might plausibly be overturned—could hardly be more timely.”—The Economist“A well-written, often surprisingly lively book.”—Bill Emmott, Financial Times“Kenneth Rogoff’s book shows that change is unstoppable, that we should expect the unexpected.”—Kristalina Georgieva in Wall Street Journal, “Who Read What in 2025”“There’s arguably no one better to take on the topic. . . . [Rogoff] uses his personal experience and observations to chart the challenges facing America’s—and the world’s—currency, and the consequences for global financial stability.”—Spears“Genuinely readable and engaging, helped along by anecdotes from his own policymaking experience that both clarify the arguments and make them feel concrete and accessible to a much broader audience.”—Jason Furman, Five BooksFinalist in the PROSE Awards Economics category, sponsored by the AAP“Ken Rogoff is one of the world’s leading experts on international finance. In this book he combines his wide experience as a policymaker, academic, and observer of the global economy to provide a fascinating and accessible analysis of looming challenges to economic and financial stability.”—Ben Bernanke, former chair, Federal Reserve“Rogoff delivers a grandmaster performance, providing compelling insight into the history and future of dollar dominance.”—Magnus Carlsen“Before he became an economist, Rogoff was a chess grandmaster. Here he reveals that he has become the dismal science’s wittiest and most engaging writer.”—Niall Ferguson, author of The Ascent of Money“Rogoff brilliantly describes the dominance of the dollar across time and space, its contenders, and the limits to its immortality, weaving in his personal experiences which makes for a delightful read.”—Gita Gopinath, first deputy managing director, International Monetary Fund“Rogoff aptly demonstrates that American dollar dominance was neither inevitable nor guaranteed to continue—but rather that it depends on America not abandoning the responsibility that comes with its privileged position and getting its fiscal house in order.”—Garry Kasparov, author of Winter Is Coming  “Will the U.S. dollar maintain its dominance? With unmatched wisdom and experience, Ken Rogoff unpacks this critical question in this masterful book.”—Atif Mian, author of House of Debt  “Part magisterial analysis of global finance, part autobiography of one of the great economists of our times, Our Dollar, Your Problem is both educative and lively at the same time.”—Raghuram Rajan, author of The Third Pillar  “A tour de force—Ken Rogoff pairs delightful personal anecdotes with a sweeping portrait of the international monetary system. Rogoff’s prescient view on the possibly ‘shrinking’ dollar is certainly not to be taken lightly.”—Hélène Rey, Lord Bagri Professor of Economics at London Business School  “A must-read.”—Nouriel Roubini, coauthor of Crisis Economics

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