Book review: the money trap: escaping the grip of global finance

The Money Trap discusses how governments have failed to understand the roots of the rolling crisis and recession of 2007-12 and argue that these roots lie in the interaction of an elastic credit supply, dysfunctional banking systems and an unreformed international monetary system. Robert Pringle argues that a root-and-branch reform of both banking and of international money is required, although reviewer Alex Moore finds that the book is not an entirely convincing case.