Joakim Book

When Grand Histories Go Wrong

"Coggan embarked on an ambitious scheme to tell us about economic growth through the ages. In that he succeeds, but the account leaves much else to be desired." ~ Joakim Book

Markets Already Internalize Externalities

"What’s so fascinating about this instance is that the economist corps already knows this: markets internalize externalities – by land value, by selection, by trade-off along other margins that matter to people." ~ Joakim Book

The Political History of Silver in America

"The history of metals as monetary commodities is long, difficult, and highly contentious. With The Story of Silver, William Silber has earned his spot on that part of the library shelf." ~ Joakim Book

The Five Transitions to Modernity

"We don’t know what the future brings, but to have a clue about the past and the present, Vaclav Smil is an invaluable guide." ~ Joakim Book

How Societies Save For an Uncertain Future

"This is the problem that all societies have tried to overcome – moving value through time and ensuring our individual livelihood when we're too old to produce the value that sustains us." ~ Joakim Book

Can Enemies Be Our Friends?

"Most of the things that divide us are none of anyone else’s business – what we eat, what we drive, what we wear, what medical procedures we have, what we drink, or whom we love. When did we forget that?" ~ Joakim Book

How to Be a Green Economist, Nordhaus-Style

"Is there a way to be a concerned environmentalist without falling prey to the 'It's all a scam' on one side and 'It's the apocalypse' on the other? I believe so; deep down, I believe Professor Nordhaus does so too. The Spirit of Green shows it, but you need to dig a bit to find it." ~ Joakim Book

The Rise of the Erudite Technocrats

"The expert, as ushered into politics by people like Jan Tinbergen’s brand of highly capable and motivated scientists, has been here for a long time. Whether they’re here to stay is a different matter." ~ Joakim Book