Book review: in the wake of the financial crisis: leading economists reassess economic policy

In 2011, the International Monetary Fund invited prominent economists and economic policy makers to consider the brave new world of the post-crisis global economy. The result is a book that captures the state of macroeconomic thinking at a transformational moment. Among the new realities they consider are the swing towards regulation, the need to incorporate behavioural economics, and the importance for macroeconomic policy to target financial stability. Natacha Postel-Vinay finds it an absolute must-read.