Economics Without Dogmas. How the USA Creates a New Economic Order

In the early 21st century, 50 years after the abolition of the Bretton Woods monetary system, technology, economics, and politics became more tightly linked than ever before. Economist Vladislav Inozemtsev assesses the main development trends of global finance and describes the signs of a “new economy”: the U.S. and European countries encourage innovation and do not restrict money issuance, using money as an instrument for anti-crisis regulation, while China and oil-producing countries remain trapped in outdated ideas about balanced budgets and the significance of currency reserves. In the new financial reality, Western countries no longer need restrictions on debt burden. There’s also no sign of a dollar crash—and therefore no end to American hegemony. “Economics Without Dogmas” is both a historical essay and an economic study. The audiobook will be interesting to a wide range of listeners.