Moore, Alex
(2012)
Book review: the money trap: escaping the grip of global finance.
LSE Review of Books
(03 Oct 2012).
Website.
Abstract
The Money Trap discusses how governments have failed to understand the roots of the rolling crisis and recession of 2007-12 and argue that these roots lie in the interaction of an elastic credit supply, dysfunctional banking systems and an unreformed international monetary system. Robert Pringle argues that a root-and-branch reform of both banking and of international money is required, although reviewer Alex Moore finds that the book is not an entirely convincing case.
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