Exorbitant Privilege

Timely.. elegant and pithy. * Harold James, Finance and Development, * A rare combination of macroeconomic mastery, historical erudition, good political instincts and the sort of stubborn common sense that is constantly placing familiar problems in a new light. * Christopher Caldwell, Financial Times * A fascinating and readable account of the dollar's rise and potential fall, * The Economist * A truly superb book on the role and global standing of the dollar-past, present and future. Those exposed to the evolution of the global economy, and that's virtually all of us, will find his book extremely thoughtful and a great read. * Mohamed El-Erian, CEO and co-CIO of PIMCO * Short and eminently readable...In just 177 pages of text, [Eichengreen] provides a wealth of material for both the lay reader and the scholar...You can't do better than Eichengreen for a solid read on the dollar's wild ride. * American Prospect * Incredibly relevant work * Business Destinations * Eichengreen shows an unerring ability to get right to the heart of the matter....He summarises the current debate on financial crises, and then takes it one stage further ... neatly and sensibly argued ... an insightful insider's analysis ... It will bring the reader up to speed on the topic in record time: everything you need to know is tidily and concisely expressed in this refreshingly accessible book, which caters for the practitioner and the novice alike. * Central Banking Journal * The great strength of Eichengreen's historical analysis is his enormously wide knowledge of, and sympathy for, economic and political conditions in all the major countries concerned. The work of a master economic historian. * International Journal of Finance and Economics, * A tour de force, by the outstanding contemporary scholar of the 20th century history of the international monetary system. * John Williamson, Senior Fellow, Institute for International Economics *