J. Bradford DeLong, Anne-Marie Slaughter, and Mordecai Kurz 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 J. Bradford DeLong of the University of California, Berkeley; Anne-Marie Slaughter, CEO of the think tank New America; and Mordecai Kurz, Joan Kenney Emeritus Professor of Economics at Stanford University. [Book Cover Money Capital: New Monetary Principles for a More Prosperous Society by Patrick Bolton and Haizhou Huang ]( From Princeton University Press [Money Capital: New Monetary Principles for a More Prosperous Society]( By Patrick Bolton and Haizhou Huang Money Capital offers a novel perspective on monetary and fiscal policy that views money as the equity capital of a nation. “A marvelous invitation to rethink deeply what we thought we knew about monetary economics and international finance.” – Hélène Rey, London Business School PS Contributors' Perspectives Unaccountability Machine:]( [Big Systems Make Terrible Decisions – And How the World Lost Its Mind]( By Dan Davies In “How Humanity Lost Control,” J. Bradford DeLong praises this “wonderful little book” for showing why big, complex social systems so often go off the rails. [Read now](. “If the challenge of modernity is to figure out a better way to work and think together as a global community of more than eight billion people, how can we improve our understanding, and thus our control?” – DeLong Immense World:]( [How Animal Senses Reveal the Hidden Realms Around Us]( By Ed Yong In “Do Israelis and Palestinians Inhabit the Same World?”, Anne-Marie Slaughter applies Yong’s observation that every life form on Earth is “enclosed within its own unique sensory bubble, perceiving but a tiny sliver of an immense world” to international diplomacy. [Read now](. If two parties “inhabit different sensory worlds that cannot be bridged,” a new diplomatic strategy is needed, “perhaps one that focuses on persuading each side to recognize the gulf between them.” – Slaughter Mordecai Kurz Recommends... Passions and the Interests:]( for Capitalism before Its Triumph]( By Albert O. Hirschman Kurz says: “Published in 2013, this updated edition of Hirschman’s classic 1977 book features an excellent new foreword by [Amartya Sen]( and an afterword by [Jeremy Adelman](. It traces the evolution of ideas about human motivation from the end of the Middle Ages to the end of the eighteenth century, with a particular focus on Montesquieu, Sir James Steuart, John Millar, and Adam Smith. The book sheds light on the complex ideological transformation from which capitalism emerged in the Age of Enlightenment, highlighting the optimistic view that it was a vital complement to democracy and political liberty. A fascinating read if you missed the earlier edition." Don’t miss our PS Say More interview with Kurz on market power, Big Tech, antitrust, and more. [Read now](. [PS Summer Sale: Save 40% on all new Digital and Digital Plus subscriptions.]( [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](.