"A welcome demonstration that grounded academic work can be entertaining as well as informative"

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    Kurtis Garbutt / Flickr (CC BY 2.0)

Fed Power: How Finance Wins, the recent book by Desmond King and Lawrence Jacobs, has been reviewed in the Financial Times, as part of an article on the sucesses and failures of the US central bank.

The article cites Fed Power as "a welcome demonstration that grounded academic work can be entertaining as well as informative", and describe it as "a book that is engaging throughout and generally persuasive in its principal thesis that the Fed is a politically loaded institution that drives rising inequality".

More information on Fed Power is available here: http://www.politics.ox.ac.uk/publications/fed-power-how-finance-wins.html

The Financial Times article is available here: http://www.ft.com/cms/s/0/54349f26-321f-11e6-bda0-04585c31b153.html (behind a paywall)

Professor Desmond King is Andrew Mellon Professor of American Government, Professorial Fellow Nuffield College, Director of Graduate Studies (Politics), Emeritus Fellow St John’s College