David talks to Helen Thompson about the economic order that was created in the aftermath of the Second World War. What was agreed at Bretton Woods, how did it work, why did it eventually fail, and can any of it be revived?
The Bretton Woods system:
On the surface, Bretton Woods is a success story.
The election of Richard Nixon in 1968 marked the beginning of the end for Bretton Woods.
The Bretton woods system was a function of American power—there’s no going back now.
And as ever, recommended reading curated by our friends at the LRB can be found here: lrb.co.uk/talking
Set your alarms… for Thursday when David talks to Martin Rees about how we should evaluate the greatest threats facing the human species in the twenty-first century.