Book review: political bubbles: financial crises and the failure of American democracy by Nolan McCarty, Keith T. Poole and Howard Rosenthal

Political Bubbles is very enjoyable, insightful, and challenging, writes Declan Jordan. It addresses a remarkably under-analysed aspect of the financial crisis and the interface generally between politics and economics. Some of the political failures that came to the fore for the financial crises are just as likely to hinder political approaches to important problems, including poverty, inequality, and climate change. The analysis and ideas within the book are too important to be considered in a narrow context.