New book edited by the Cobden Centre with Springer Nature: The Age of Debt Bubbles, an Analysis of Debt Crises, Asset Bubbles and Monetary Policy – Max Rangeley Editor

This year, The Cobden Centre, published a book on the Austrian School with Springer Nature – “The Age of Debt Bubbles.”

This book illustrates how central bank policies such as zero percent interest rates have brought about a $300 trillion global debt bubble. The authors, both academics and policy makers, offer first-hand insights into the economic and financial market mechanisms that have caused the debt bubbles of the past few decades, as well as the political economy that drives such policy making.

This book has the potential to become one of the definitive works on monetary economics of our generation; since it is published by Springer Nature, currently ranked as the most elite academic publisher in Europe, it will go out to universities around the world to be used for teaching.

It differs from most academic books in that it has chapters by senior central bankers, including William White, the former chief economist at the Bank for International Settlements (the global central bank of central banks), Barbara Kolm, the Vice President of the Austrian central bank and Miguel Fernandez Ordonez, the Governor of the Spanish central bank during the 2008 crisis, as well as Lord Kamall, a British lord and previously a member of the European Parliament. He also co-authored two other chapters with Roger Koppl, professor at Syracuse University, and Harry Richer, a political advisor in London. All the authors did a terrific job with their criticisms of the current global monetary system.

The core part of the book is written by experienced economists with academic rigor, with other chapters written by senior policy-makers going through the intricacies of the problem of central banking and how things might be reformed.

By Max Rangeley

ISBN 978-3-031-66472-4

Order through Springer.com or Amazon