One from the Many: The Global Economy Since 1850

“This book zooms out on the ups and downs of not just trade but other forms of globalization like capital movements over the last 170 years. It focuses on three periods: pre-WW I globalization, interwar delinkage, and globalization/hyperglobalization after World War II. It is well-grounded in the economic literature and considers trade, capital and immigration flows. It is also readable but with no particular attempt at a unique or original thesis. It’s generally pro-globalization with some nuance and downsides—but ultimately it argues, ‘globalization is nothing more than the urge to trade and improve the quality of life. These goals are a significant part of our shared humanity. In this view, globalization over the long run has been rising and will continue to rise in the future.’ “ Read more...

The Best Economics Books of 2024

Jason Furman, Economist