The reflections of Harold James, an economic historian at Princeton University and a long-time student of what makes globalization happen, would be of interest even in times more tranquil than these. But at a moment when the march of global integration has been stalled by a financial crisis unparalleled since the 1930s, Mr. James is a particularly fitting guide...At a time when economists are accused of having forgotten history, yet few historians can explain the world of bank bail-outs and the turmoil they cause, Mr. James has a rare gift for being able to marshal an impressive knowledge of economic and financial history in order to highlight previously unrecognized connections with the past.
   --The Economist

No one is better qualified than Harold James to explore the similarities and differences between recent events and the early 1930s. A model of lucid exposition, The Creation and Destruction of Value confirms that if you want to understand our current predicament, history is a much better guide than economics.
   --Niall Ferguson, Harvard University, author of The Ascent of Money

A masterly account. James commands his subject like no other. The lessons of 1931 for today's world are compelling. Like Humpty Dumpty, globalization is broken, and it will take time to put it together again.
   --David Marsh, author of The Euro: The Politics of the New Global Currency

Harold James is Professor of History and International Affairs at Princeton University.

Read More by Harold James:

• The End of Globalization: Lessons from the Great Depression
• Family Capitalism: Wendels, Haniels, Falcks, and the Continental European Model