Title: The Economics of Ego Surplus: A Novel of Economic Terrorism
Author: Paul McDonnold
Starving Analyst Press, September 15, 2010
Genre: crime thriller
Objective rating: 4/5
"My name is Marshall Adams. I'm with the Federal Bureau of Investigations. Can I talk to you for a few minutes?"
"Okay. Call me Kyle. Am I in some kind of trouble?" (p. 17)
The FBI are concerned about economic warfare aimed at the stock market and the U.S. currency. Kyle goes to Dubai in the United Arab Emirates to investigate a private banking corporation possibly linked to the stock market manipulation. There he gets some answers but barely escapes with his life.
My comments: I know a little bit about economics and found the book fun to read. It was like reliving Econ 101 and 102 classes, with an update on the workings of the global market. The author explains supply and demand, recession and inflation, the history of economics and Adam Smith, Keynes economic theory, the theory of contemporary neoclassical economists, and does so in a way that even high school students would understand how the global economy works. In between, he describes the opulence of Dubai, its fantastic malls and hotel complexes, and touches on the poverty of the people in its deserts. I enjoyed the mini tour and armchair travel as well as the bit of thriller action that comes at the end of the book.
The book is a comment on the possible downside of the global economy, when countries tramp around in each other's backyards and leave their footprints there - desirable or undesirable consequences. Besides being a thriller, the final aim of his book is to show "the shortage of humility and the surplus of ego" that can rule or ruin the global market.
I received a complimentary copy of this book for review.