Books by Patrick Bolton
Money Capital: New Monetary Principles for a More Prosperous Society
by Haizhou Huang & Patrick Bolton
Money CapitalĀ is by Patrick Bolton, a professor at Imperial College, and Haizhou Huang, an influential Chinese economist. The monetarism associated with Milton Friedman and Anna Jacobson Schwartz needs too many modifications to work, and the authors use the insights of corporate finance to suggest a neat solution: to view money as the equity capital of a nation. This is a major paradigm shift, and the book is important not just for what it proposes, but also how seriously it's being taken by Chinese policymakers. (Note: this book has equations).
Interviews where books by Patrick Bolton were recommended
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1
Growth: A History and a Reckoning
by Daniel Susskind -
2
The Shortest History of Economics
by Andrew Leigh -
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The Corporation in the Twenty-First Century: Why (Almost) Everything We Are Told About Business Is Wrongfnew ec
by John Kay -
4
Punishing Putin: Inside the Global Economic War to Bring Down Russia
by Stephanie Baker -
5
Default: The Landmark Court Battle over Argentina's $100 Billion Debt Restructuring
by Gregory Makoff -
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Money Capital: New Monetary Principles for a More Prosperous Society
by Haizhou Huang & Patrick Bolton
New Economics Books
New Economics Books
Lots of new economics books are published each year, catering to a range of readers. Many are aimed at non-economists, trying to explain what the subject is about. Others focus mainly on how economics has been interpreted or used by politicians, with lots of analysis of ‘neoliberalism’ in particular over the past few years. Within academia, economics is normally expressed in equations, with new work published in article form and only occasionally as books.