Gordon Brown: Beyond the Crash
February 2, 2011 5 Comments
Brown sees this is the first crisis of globalisation and highlights the role of Knightian uncertainty and of institutions that can appreciate and handle the risks, but is utlimately short on useful insight.
Gordon Brown: Beyond the Crash; overcoming the first crisis of globalisation.
“[This was] the first crisis to have its roots in the very process of globalisation itself” (p220)
The 314 page book is hard going but an essential contribution to the ‘what next’ debate. In particular, Brown maintains that the problem is not just one of deficits and debt, but one of globalisation (the global sourcing of goods, services and capital).
This review is now here.