{"product_id":"the-shifts-and-the-shocks-9780718197964","title":"The Shifts and the Shocks","description":"\u003cb\u003eBook Synopsis\u003c\/b\u003e\u003cbr\u003e\u003cp\u003e\u003cb\u003eIn \u003ci\u003eThe Shifts and the Shocks\u003c\/i\u003e, Martin Wolf - one of the world''s most influential economic commentators and author of \u003ci\u003eWhy Globalization Works\u003c\/i\u003e - presents his controversial and highly original analysis of the economic course of the last seven years\u003c\/b\u003e\u003cbr\u003e\u003cbr\u003eThere have been many books that have sought to explain the causes and courses of the financial and economic crisis which began in 2007-8. \u003ci\u003eThe Shifts and the Shocks\u003c\/i\u003e is not another detailed history of the crisis, but the most persuasive and complete account yet published of what the crisis should teach us us about modern economies and economics.\u003cbr\u003e\u003cbr\u003eThe book identifies the origin of the crisis in the complex interaction between globalization, hugely destabilizing global  imbalances and our dangerously fragile financial system. In the eurozone, these sources of instability were multiplied by the tragically defective architecture of the monetary union. It also shows how much of the orthodoxy that shaped mone\u003c\/p\u003e","brand":"Penguin Books Ltd","offers":[{"title":"Default Title","offer_id":48738422554967,"sku":"9780718197964","price":11.69,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0817\/1739\/5799\/files\/9780718197964.jpg?v=1720048175","url":"https:\/\/bookcurl.com\/products\/the-shifts-and-the-shocks-9780718197964","provider":"Book Curl","version":"1.0","type":"link"}