Economic History of the XX Century. How Progress, Crises, and Genius Ideas Changed the World

An instant bestseller of the New York Times and Wall Street Journal by one of the world's leading economists. The best book of 2022 according to the Financial Times

How did the dream of universal wealth collide with the harsh reality of politics and economics, and why did the "golden age" never come? Economist and historian J. Bradford DeLong explores this question in his extensive work.

In this book, you will learn how:
– World Wars, the Great Depression, and crises changed the rules of the game in the global economy.
– The ideas of economists — from Marx and Keynes to Hayek — directly influenced politics and the fates of millions.
– Technological revolutions — electrification, computers, the internet — transformed people's lives and business.
– Conflicts of the past still shape our tomorrow.

"Economic History of the XX Century" is not just a story of the past. It is a key to understanding the present and a reflection on a future that can still become a utopia. Or not.

"The book 'Economic History of the XX Century' by J. B. DeLong is a bold attempt to unite decades of economic thought, political crises, and technological changes into a coherent narrative about the long XX century.
The author shows how the economy became the main driving force of modernity and how humanity sought a balance between market freedom and social justice.
This book is for those who want to understand how the ideas and decisions of the past shaped the economy and the world we live in today"