Daily Archives: Apr 30, 2022 at 05:27 am EDT

Book Bits: 30 April 2022

The Rise and Fall of the Neoliberal Order: America and the World in the Free Market Era
Gary Gerstle
Review via Financial Times
It’s rare that one can use the term “instant classic” in a book review, but Gary Gerstle’s latest economic history, The Rise and Fall of the Neoliberal Order, warrants the praise.
It puts neoliberalism, defined as a “creed that prizes free trade and the free movement of capital, goods and people,” as well as deregulation and cosmopolitanism, in a 100-year historical context, which is crucial for understanding the politics of the moment, not just in the US but globally. The book also knits together a century of very complicated economic, political, and social trends, which are often siloed but are in fact quite interrelated, creating a new and important narrative about where America has been, and where it may be going.

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