Source: Cobden Centre
by Rowena Itchon
“How did countries manage to saddle themselves with enormous debt? More important, how can they get out? That’s the topic of The Age of Debt Bubbles (Springer, 2024), edited by Max Rangeley. Many books approach this topic from an academic viewpoint – but the topic is hardly academic at all. One country’s default would have worldwide consequences, affecting the poorest of the poor all the way to the top 1 percent, who could see their fortunes erased overnight. Mr. Rangeley’s book has two parts. First, he provides an academic analytical framework written by economists including Roger Koppl of Syracuse University and Harry Richer, a policy researcher and political adviser in the U.K. He then offers the practical experience of senior policymakers who provide their real-world experiences in tackling debt …” (02/04/25)
https://www.cobdencentre.org/2025/02/book-review-of-the-age-of-debt-bubbles/