Joakim Book

Research Fellow

Joakim Book is a writer, researcher and editor on all things money, finance and financial history. He holds a masters degree from the University of Oxford and has been a visiting scholar at the American Institute for Economic Research in 2018 and 2019.

His work has been featured in the Financial Times, FT Alphaville, Neue Zürcher Zeitung, Svenska Dagbladet, Zero Hedge, The Property Chronicle and many other outlets. He is a regular contributor and co-founder of the Swedish liberty site Cospaia.se, and a frequent writer at CapXNotesOnLiberty, and HumanProgress.org.

  • The Meme-Stock Revolution That Wasn’t

    “At the end of the day, argues Jakab, most retail investors were left holding the bag. Aside from the identifiable shorts like Gabe Plotkin or Andrew Left, most other Wall Street actors made a lot of money from the episode.” ~ Joakim Book

    The Meme-Stock Revolution That Wasn’t
  • How the Coddled Kids Graduated But Never Grew Up

    “The coddled kids didn’t grow up, and now they’re in positions of authority everywhere. The madness of crowds had long been simmering at the doors of American institutions – then its halls, and then its board rooms.” ~ Joakim Book

    How the Coddled Kids Graduated But Never Grew Up
  • Reality Decides, in Economics and Evolutionary Biology Alike

    “An evolutionary lens isn’t just a corrective for how to live in the 21st century and how to understand our modern predicaments. It also teaches you how markets work, what constraints reality puts on us, and how to consider outcomes you don’t like.” ~ Joakim Book

    Reality Decides, in Economics and Evolutionary Biology Alike
  • How The World Really Works

    “Smil’s is much more concerned with what is and what is not physically possible. Thus, his meticulously researched words are for anyone who wants his priors reexamined and feathers ruffled. It’s what the 2020s desperately need.” ~ Joakim Book

    How The World Really Works
  • The Money Illusion: A Review

    “‘Nothing is as it seems in the world of money,’ Sumner concludes, and worse so as of late. In his grand attempt at rectifying the many blunders in understanding the Great Recession, there’s something for everyone to learn.” ~ Joakim Book

    The Money Illusion: A Review
  • The Only Question That Matters: Is It Correct?

    “We fool ourselves that our arguments follow ethnic, sex, or demographic lines in what amounts to a wholly unscientific collapse into untethered subjectivity. By concerning ourselves with financial or structural bias, we chip away at the idea of objective reality.” ~ Joakim Book

    The Only Question That Matters: Is It Correct?
  • On Price and Output Volatility: How Bad is Bitcoin’s Flaw?

    “The working arrangements of a new generation of freelancing nomads are keen on and capable of handling the discrepancies between many currencies’ relative purchasing power, crypto or old-school.” ~ Joakim Book

    On Price and Output Volatility: How Bad is Bitcoin’s Flaw?
  • Stablecoin Regulation

    “All the risks that accompany the danger of overregulation like rent-seeking and regulatory capture is magnified in the event of regulatory failure.” ~ Donovan Choy & Joakim Book

    Stablecoin Regulation
  • The Long Cycles in Markets and Political Order

    “I found Dalio’s thesis much more persuasive than I had anticipated: some historical patterns are real, wave-like, and operate over long horizons. With skill, data, and humility, we can uncover the likely prospects for our own times.” ~ Joakim Book

    The Long Cycles in Markets and Political Order
  • The Stories from a Decentralized Short Squeeze

    “Millions were made, billions lost, revenge realized and dreams shattered. The GameStop saga is both disturbing for what it reveals about a society’s divides and the market structure that made it possible.” ~ Joakim Book

    The Stories from a Decentralized Short Squeeze