Jeremy Warner

The Tiger & The Dragon

Capitalism 4.0: The Birth of a New Economy


Bloomsbury 397pp £20 order from our bookshop

Losing Control: The Emerging Threats to Western Prosperity


Yale University Press 279pp £20 order from our bookshop

On 15 September 2008, the US Treasury allowed one of Wall Street’s second tier investment banks, Lehman Brothers, to collapse. There followed a financial and economic crisis of a size and depth not seen since the Great Depression of the 1930s. But though widely portrayed as the world’s first ever truly global economic catastrophe, the crisis was in fact by no means universal.

Virtually all advanced economies have been left reeling; yet the developing world – particularly the fast-growing economies of China and of much of the Far East – seems barely to have been touched. The West’s humiliation has served to highlight, and apparently to accelerate, the increasingly self-confident upwards march of the East.

Follow Literary Review on Twitter

  • Last Tweets

    • Something of an 'eccentric billionaire’s hobby': reviews 'The Space Barons: Elon Musk, Jeff Bezos, and… ,
    • "At the age of fifteen, drunk on stolen Chardonnay or stoned on pot at a swimming party, the thoughts that come imm… ,
    • For the latest Bookends, here's Alan Taylor musing on his stint as an assistant librarian. ,
    • A ‘pretentious ass and impotent arriviste’ who surrounded himself with ‘degenerates, hooligans, childish layabouts,… ,
    • . reviews 'Aristotle’s Way: How Ancient Wisdom Can Change Your Life' by ,
    • "As Beevor shows, it was one of the most daring, dangerous and fiercely fought operations of the whole war. It was… ,
    • "The characters are very rich and very male, with astronomical ambitions. The potted biographies in this book sugge… ,