What We Are Reading Today: The Political Economy of the Special Relationship by Jeremy Green

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Updated 29 July 2020

What We Are Reading Today: The Political Economy of the Special Relationship by Jeremy Green

The rise of global finance in the latter half of the 20th century has long been understood as one chapter in a larger story about the postwar growth of the US. The Political Economy of the Special Relationship challenges this popular narrative. Revealing the Anglo-American origins of financial globalization, Jeremy Green sheds new light on Britain’s hugely significant, but often overlooked, role in remaking international capitalism alongside America.

Drawing from new archival research, Green questions the conventional view of international economic history as a series of cyclical transitions among hegemonic powers. Instead, he explores the longstanding interactive role of private and public financial institutions in Britain and the US — most notably the close links between their financial markets, central banks, and monetary and fiscal policies. He shows that America’s unparalleled post-WWII financial power was facilitated, and in important ways constrained, by British capitalism, as the US often had to work with and through British politicians, officials, and bankers to achieve its vision of a liberal economic order.

Transatlantic integration and competition spurred the rise of the financial sector, an increased reliance on debt, a global easing of regulation, the ascendance of monetarism, and the transition to neoliberalism.


What We Are Reading Today: Fallout

Updated 08 August 2020

What We Are Reading Today: Fallout

Author: Lesley M. M. Blume

New York Times bestselling author Lesley M.M. Blume reveals how one courageous American reporter uncovered one of the deadliest cover-ups of the 20th century — the true effects of the atom bomb — potentially saving millions of lives.
Released on the 75th anniversary of the Hiroshima bombing, Fallout is an engrossing detective story, as well as an important piece of hidden history that shows how one heroic scoop saved — and can still save — the world.
On the bright clear morning of Aug. 6, 1945, the US dropped an atomic bomb on Hiroshima, immediately killing 70,000 people, and so grievously crushing, burning and irradiating another 50,000 that they too soon died.
Blume, a tireless researcher and beautiful writer, moves through her narrative with seeming effortlessness — a trick that belies the skill and hard labor required to produce such prose.
Knowing what we know today about the nuclear bomb and its devastating consequences, it’s so amazing to read this thoroughly researched report on the man who, against all odds, exposed to the world the true damage of the bomb when it was dropped on Hiroshima and Nagasaki.