Mad money is a classic of international relations and international
political economy literature. It also has profound modern
relevance. First published by Manchester University Press in 1998,
the book called for an end to the volatility of international
financial markets. Markets had grown, technology had advanced, and
regulation had all but disappeared, resulting in financial crises
in Asia and in the western world. The book identified that finance
now called the tune internationally: governments had been stripped
of control, morals had loosened, and income gaps were widening
sharply. Susan Strange predicted that this would lead to a long,
inevitable financial crisis if it continued unchecked. She was
proved right within a decade of the book coming out. This reissue
includes a new introduction by Benjamin Cohen of the University of
California that contextualises the book, and conveys the value of
the work for a modern audience. -- .
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