{"product_id":"our-dollar-your-problem-an-insiders-view-of-seven-turbulent-decades-of-global-finance-and-the-road-ahead-9780300275315","title":"Our Dollar, Your Problem: An Insider's View of Seven Turbulent Decades of Global Finance, and the Road Ahead","description":"\u003cp\u003e\u003c\/p\u003e\u003cp\u003e\u003cstrong\u003eA leading economist explores the global rise of the U.S. dollar and shows why its future stability is far from assured\u003c\/strong\u003e \u003c\/p\u003e\u003cp\u003e\u003cem\u003eOur Dollar, Your Problem\u003c\/em\u003e argues that America's currency might not have reached today's lofty pinnacle without a certain amount of good luck. Drawing in part on his own experiences, including with policymakers and world leaders, Kenneth Rogoff animates the remarkable postwar run of the dollar‚Äîhow it beat out the Japanese yen, the Soviet ruble, and the euro‚Äîand the challenges it faces today from crypto and the Chinese yuan, the end of reliably low inflation and interest rates, political instability, and the fracturing of the dollar bloc. Americans cannot take for granted that the Pax Dollar era will last indefinitely, not only because many countries are deeply frustrated with the system, but also because overconfidence and arrogance can lead to unforced errors. Rogoff shows how America's outsized power and exorbitant privilege can spur financial instability‚Äînot just abroad but also at home.\u003c\/p\u003e\u003ch4\u003eDetails\u003c\/h4\u003e\u003cp\u003eISBN13: 9780300275315\u003cbr\u003e\u003cspan\u003eFormat: Hardback\u003cbr\u003e\u003cspan\u003eNumber of Pages: 360\u003cbr\u003e\u003cspan\u003eEdition: \u003cbr\u003e\u003cspan\u003ePublication Date: \u003cbr\u003e\u003cspan\u003ePublisher: Yale University Press\u003cbr\u003e\u003cspan\u003ePublication City, Country: United States\u003cbr\u003e\u003cspan\u003eDimensions (cm): 23.5(H)x15.6(L)\u003cbr\u003e\u003cspan\u003eWeight (gm): \u003c\/span\u003e\u003c\/span\u003e\u003c\/span\u003e\u003c\/span\u003e\u003c\/span\u003e\u003c\/span\u003e\u003c\/span\u003e\u003c\/span\u003e\u003c\/p\u003e\u003ch4\u003eAuthor Biography\u003c\/h4\u003e\u003cp\u003e\u003cb\u003eKenneth Rogoff\u003c\/b\u003e is Maurits C. Boas Professor of Economics at Harvard University and former International Monetary Fund chief economist. One of the world's foremost observers on the global economy, he is coauthor of the \u003ci\u003eNew York Times\u003c\/i\u003e bestselling \u003ci\u003eThis Time Is Different\u003c\/i\u003e.\u003c\/p\u003e\u003ch4\u003eReviews\u003c\/h4\u003e‚ÄúIn this brilliant book, Rogoff warns that the primacy of the dollar is at risk.‚Äù‚ÄîMartin Wolf, \u003ci\u003eFinancial Times\u003c\/i\u003e, ‚ÄúBest Summer Books of 2025: Economics‚Äù\u003cbr\u003e\u003cbr\u003e‚Äú[Rogoff‚Äôs] autobiographical element nicely enhances the sometimes technical (but always accessible) monetary story.‚Äù‚ÄîJames Grant, \u003ci\u003eWall Street Journal\u003c\/i\u003e\u003cbr\u003e\u003cbr\u003e‚ÄúOne of [Rogoff‚Äôs] past books presciently warned about the dangers of a financial crisis. [His new book] \u003ci\u003eOur Dollar, Your Problem\u003c\/i\u003e worries that we are jeopardizing the dollar‚Äôs pivotal role in the global economy. That should matter to all Americans.‚Äù‚ÄîFareed Zakaria, \u003ci\u003eWashington Post\u003c\/i\u003e\u003cbr\u003e\u003cbr\u003e‚ÄúThe central argument of \u003ci\u003eOur Dollar, Your Problem\u003c\/i\u003e‚Äîthat the greenback‚Äôs pre-eminence was never guaranteed and might plausibly be overturned‚Äîcould hardly be more timely.‚Äù‚Äî\u003ci\u003eThe Economist\u003c\/i\u003e\u003cbr\u003e\u003cbr\u003e‚ÄúA well-written, often surprisingly lively book.‚Äù‚ÄîBill Emmott, \u003ci\u003eFinancial Times\u003c\/i\u003e\u003cbr\u003e\u003cbr\u003e‚ÄúKenneth Rogoff‚Äôs book shows that change is unstoppable, that we should expect the unexpected.‚Äù‚ÄîKristalina Georgieva in \u003ci\u003eWall Street Journal\u003c\/i\u003e, ‚ÄúWho Read What in 2025‚Äù\u003cbr\u003e\u003cbr\u003e‚Äú[Rogoff‚Äôs new book is] very well timed. . . . It‚Äôs a history of dollar dominance‚Äîhow we built it, the challenges to it, and a warning, written before the Trump administration, that the rest of the world was already beginning to look for exits from it.‚Äù‚ÄîEzra Klein, \u003ci\u003eEzra Klein Show\u003c\/i\u003e (podcast)\u003cbr\u003e\u003cbr\u003e‚ÄúRogoff . . . skillfully blends personal narrative with a compelling account of advances in international macroeconomics, a field he has helped define.‚Äù‚ÄîMaurice Obstfeld, \u003ci\u003eProject Syndicate\u003c\/i\u003e\u003cbr\u003e\u003cbr\u003e‚ÄúAn invaluable resource.‚Äù‚ÄîIan Bremmer, via LinkedIn\u003cbr\u003e\u003cbr\u003e‚ÄúRogoff has wrestled with the dollar question for almost half a century. . . . [He provides] a serious argument that the dollar‚Äôs days of dominance are over.‚Äù‚ÄîHoward Davies, \u003ci\u003eLiterary Review\u003c\/i\u003e\u003cbr\u003e\u003cbr\u003e‚ÄúA lucid and sometimes laconic narrative of international economics.‚Äù‚ÄîStephen Grenville,¬†\u003ci\u003eThe Interpreter\u003c\/i\u003e\u003cbr\u003e\u003cbr\u003e‚ÄúAn accessible analysis of looming challenges to economic stability.‚Äù‚ÄîFrancis Ghiles, \u003ci\u003eArab Weekly\u003c\/i\u003e\u003cbr\u003e\u003cbr\u003e‚ÄúAn excellent overview of the evolution of the world economy during the last seven decades, and a warning against complacency.‚Äù‚ÄîIvo Maes, \u003ci\u003eCentral Banking\u003c\/i\u003e\u003cbr\u003e\u003cbr\u003e‚ÄúProvides both timely analysis and timeless insights. . . . Essential reading for anyone seeking to understand the forces shaping the global monetary system.‚Äù‚ÄîMaximilian Magnacca, \u003ci\u003eSociety of Professional Economists\u003c\/i\u003e\u003cbr\u003e\u003cbr\u003e‚ÄúA rare and valuable read.‚Äù‚ÄîKim Yutae, \u003ci\u003eMaeil Business Newspaper\u003c\/i\u003e\u003cbr\u003e\u003cbr\u003e‚ÄúIncredibly timely.‚Äù‚ÄîPiotr Rosik, \u003ci\u003eObserwator Finansowy\u003c\/i\u003e (Poland)\u003cbr\u003e\u003cbr\u003e‚ÄúOffers a clear-eyed reassessment of the greenback‚Äôs role in the international monetary system.‚Äù‚Äî≈ûebnem Kalemli-√ñzcan, \u003ci\u003eProject Syndicate\u003c\/i\u003e\u003cbr\u003e\u003cbr\u003e‚ÄúThere‚Äôs arguably no one better to take on the topic. . . . [Rogoff] uses his personal experience and observations to chart the challenges facing America‚Äôs‚Äîand the world‚Äôs‚Äîcurrency, and the consequences for global financial stability.‚Äù‚Äî\u003ci\u003eSpears\u003c\/i\u003e\u003cbr\u003e\u003cbr\u003e‚ÄúGenuinely readable and engaging, helped along by anecdotes from his own policymaking experience that both clarify the arguments and make them feel concrete and accessible to a much broader audience.‚Äù‚ÄîJason Furman, \u003ci\u003eFive Books\u003c\/i\u003e\u003cbr\u003e\u003cbr\u003eFinalist in the PROSE Awards Economics category, sponsored by the AAP\u003cbr\u003e\u003cbr\u003e‚ÄúKen Rogoff is one of the world‚Äôs leading experts on international finance. In this book he combines his wide experience as a policymaker, academic, and observer of the global economy to provide a fascinating and accessible analysis of looming challenges to economic and financial stability.‚Äù‚ÄîBen Bernanke, former chair, Federal Reserve\u003cbr\u003e\u003cbr\u003e‚ÄúRogoff delivers a grandmaster performance, providing compelling insight into the history and future of dollar dominance.‚Äù‚ÄîMagnus Carlsen\u003cbr\u003e\u003cbr\u003e‚ÄúBefore he became an economist, Rogoff was a chess grandmaster. Here he reveals that he has become the dismal science‚Äôs wittiest and most engaging writer.‚Äù‚ÄîNiall Ferguson, author of \u003ci\u003eThe Ascent of Money\u003c\/i\u003e\u003cbr\u003e\u003cbr\u003e‚ÄúRogoff brilliantly describes the dominance of the dollar across time and space, its contenders, and the limits to its immortality, weaving in his personal experiences which makes for a delightful read.‚Äù‚ÄîGita Gopinath, first deputy managing director, International Monetary Fund\u003cbr\u003e\u003cbr\u003e‚ÄúRogoff aptly demonstrates that American dollar dominance was neither inevitable nor guaranteed to continue‚Äîbut rather that it depends on America not abandoning the responsibility that comes with its privileged position and getting its fiscal house in order.‚Äù‚ÄîGarry Kasparov, author of \u003ci\u003eWinter Is Coming\u003c\/i\u003e\u003cbr\u003e ¬†\u003cbr\u003e ‚ÄúWill the U.S. dollar maintain its dominance? With unmatched wisdom and experience, Ken Rogoff unpacks this critical question in this masterful book.‚Äù‚ÄîAtif Mian, author of \u003ci\u003eHouse of Debt\u003c\/i\u003e\u003cbr\u003e ¬†\u003cbr\u003e ‚ÄúPart magisterial analysis of global finance, part autobiography of one of the great economists of our times, \u003ci\u003eOur Dollar, Your Problem\u003c\/i\u003e is both educative and lively at the same time.‚Äù‚ÄîRaghuram Rajan, author of \u003ci\u003eThe Third Pillar\u003c\/i\u003e\u003cbr\u003e ¬†\u003cbr\u003e ‚ÄúA tour de force‚ÄîKen Rogoff pairs delightful personal anecdotes with¬†a sweeping portrait of the international monetary system. Rogoff‚Äôs prescient view on the possibly ‚Äòshrinking‚Äô dollar is certainly not to be taken lightly.‚Äù‚ÄîH√©l√®ne Rey, Lord Bagri Professor of Economics at London Business School\u003cbr\u003e ¬†\u003cbr\u003e ‚ÄúA must-read.‚Äù‚ÄîNouriel Roubini, coauthor of \u003ci\u003eCrisis Economics\u003c\/i\u003e\u003cbr\u003e\u003cbr\u003e","brand":"Kenneth Rogoff","offers":[{"title":"Default Title","offer_id":48717333725401,"sku":"9780300275315","price":51.95,"currency_code":"AUD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0502\/9530\/8441\/files\/511v9BaLeLL._SL1000.jpg?v=1779023489","url":"https:\/\/www.arielbooks.com.au\/products\/our-dollar-your-problem-an-insiders-view-of-seven-turbulent-decades-of-global-finance-and-the-road-ahead-9780300275315","provider":"Ariel","version":"1.0","type":"link"}