Max Rangeley – författare

This book illustrates how central bank policies such as zero percent interest rates have brought about a $300 trillion global debt bubble. The authors, both academics and policy-makers, offer first-hand insights into the economic and financial market mechanisms that have caused the debt bubbles of the past few decades, as well as the political economy that drives such policy-making.

Written in an accessible style, the book illustrates how central banks responded to recessions by creating successively larger debt bubbles with lower and lower interest rates, thereby distorting the pricing mechanisms of credit markets and bringing about a series of credit expansions beginning in the early 1980s.

This book brings together senior policy-makers from the world of politics and central banking who describe the negative effects of central bank policies of the last generation. The policy-makers include the former manager of the Monetary and Economic Department at the Bank for International Settlements (the central bank of central banks), the Vice President of the Austrian central bank, the former governor of the Spanish central bank and a former senior member of the European Parliament.

The core part of the book is written by experienced economists with academic rigor, with other chapters written by senior policy-makers going through the intricacies of the problems of central banking, and how things might be reformed.

This book offers an assessment of the benefits and contemporary relevance of free trade. With contributions from senior policy-makers—ranging from former prime ministers of Australia and the United Kingdom to ambassadors and political figures who have worked on trade negotiations—as well as some of the most prestigious academics in the field of trade, from a Nobel Prize winner to esteemed economic historians, it teaches how important free trade is to prosperity in this day and age. This book brings together the key approaches to free trade in the modern world, including the practical realities of negotiating trade agreements, how we can move towards a system of genuine free trade and the moral case for free trade. 

Each chapter in Free Trade in the Twenty-First Century has an eminent expert in the field addressing a specific aspect of modern trade. With a single book, one can gain an understanding of the most important themes, from the impact monetary economics has on trade to the intricacies of free trade agreements. By having chapters written by political figures, trade negotiators and think tank analysts, this book takes trade beyond abstruse economic theory and brings it into political reality so that the reader can understand how we can use trade to create global peace and prosperity.