Joseph E. Stiglitz and Carla Norrlöf for PS Book Recommendations

Your weekly reading inspiration, provided by PS contributors. The PS Book Recommendations newsletter. [View this message in a web browser.]( [PS Book Recommendations]( Welcome to PS Book Recommendations, your weekly source of reading inspiration, provided by PS contributors. This week's edition features Carla Norrlöf, Professor of Political Science at the University of Toronto and a non-resident senior fellow at the Atlantic Council, and Joseph E. Stiglitz, a Nobel laureate in economics and University Professor at Columbia University. Carla Norrlöf Recommends... [Global Discord: Values and Power in a Fractured World Order]( By Paul Tucker Norrlöf says: "In Global Discord, Tucker brings to bear insights from economics, history, law, philosophy, and international relations to analyze how globalization affects geopolitics and the legitimacy of international institutions. He examines the persistent impact of European norms and values on the world order; the risks posed by the World Trade Organization’s 'judicialization' and the use of economic instruments for geopolitical ends; prospects for alternative and artificial global currencies; and the challenges posed by rising powers, especially China. Tucker also offers an enlightening anecdote from his time as a central banker, which reveals the lack of transparency and pervasive mistrust in international financial regulation, and highlights the urgent need for reforms to bolster cooperation. This is not a light read, and I have some conceptual quibbles. But the depth, breadth, and scope of this book are truly extraordinary." Don't miss our recent PS Say More interview with Norrlöf, in which she discusses the limits of NATO's operational focus, the Gaza war's implications for America's global role, the US dollar's enduring hegemony, and more. [Read now]( By a PS Contributor [The Road to Freedom: Economics and the Good Society]( By Joseph E. Stiglitz Stiglitz says: "I wrote this book, because I felt it was critical that we, as a society, begin crafting a broader conception of freedom. This process must begin with the recognition that, when it comes to freedom, there are often tradeoffs: expanding the freedom of one individual or group might shrink that of another. As Isaiah Berlin put it, “Freedom for the wolves has often meant death for the sheep.” Sometimes, however, imposing some constraint on some people can expand freedom for all. Consider traffic lights: by enabling us to avoid gridlock, this constraint (or 'regulation') on our movement actually expands the freedom to move for everyone, including those who might feel that traffic lights represent a deprivation of individual freedom. A free society – and an economy that supports it – requires policies that preserve basic freedoms for everyone, rather than delivering unbridled freedom, including the freedom to exploit others, for the wealthy few. Meaningful freedom is attained only when all citizens have the freedom to live up to their potential. In The Road to Freedom, I provide a clear and straightforward explanation of freedom, from the perspective of a twenty-first-century economist. I also explore the relationship between economic and political freedom, and I show why and how our economic and political systems must change, in order to deliver on the promise of freedom. Today’s threats to freedom – stemming from authoritarian populism – arise from governments doing too little, not too much." What Comes After Neoliberalism? In a new PS Big Question, Stiglitz is joined by Mehrsa Baradaran, Anne O. Krueger, Mariana Mazzucato, Dani Rodrik, and Michael R. Strain in examining the implications of the widespread embrace of industrial policies, tariffs, and subsidies. [Read now]( [PS. Subscribe to Premium to access PS Quarterly: Age of Extremes.]( [Facebook]( [Twitter]( [LinkedIn]( Project Syndicate publishes and provides, on a not-for-profit basis, original commentary by the world's leading thinkers to more than 500 media outlets in over 150 countries. This newsletter does not entitle the recipient to re-publish any of the content it contains. This newsletter is a service of [Project Syndicate](. [Change your newsletter preferences](. Follow us on [Facebook]( [Twitter]( and [YouTube](. © Project Syndicate, all rights reserved. [Unsubscribe from all newsletters](.