Alan Shipman Livres

Against figurehead commentators like Naomi Klein, Alan Shipman argues that globalization is a potential force for good―and for the benefit of all.

Focusing on the evolution of market transactions, this book explores theoretical and historical perspectives on how unregulated interactions among competitive traders can give rise to market dynamics. It delves into the complexities and implications of these interactions, challenging conventional views of market regulation and offering insights into the nature of economic exchanges.

The biography explores Wynne Godley's evolution as an economist, highlighting his ability to foresee economic crises and challenge prevailing macroeconomic theories. His insights stemmed from frustrations as a policy-maker, leading to innovations in national accounting and finance. Godley's predictions encompassed significant economic downturns from the 1970s to the Eurozone crisis post-2008. Additionally, the narrative delves into his personal life, including a tumultuous childhood and diverse career pursuits, enriching the understanding of his unique perspective on economics.

The book explores the paradox of capital scarcity amidst financial crises, arguing that the recent economic downturns stem from a lack of available capital rather than an excess. It delves into the actions of banks, businesses, households, and governments, providing insights into how these entities contributed to economic instability. Through detailed analysis, the author investigates the elusive nature of capital and its implications for understanding current economic challenges and rising inequality.