Trade Wars Are Class Wars

“The authors weave a complex tapestry of monetary, fiscal and social policies through history and offer opinions about what went right and what went wrong. . . . Worth reading for their insights into the history of trade and finance.”—George Melloan, Wall Street Journal

“This is a very important book.”—Martin Wolf, Financial Times

“An eagle-eyed perspective on the global economy, underpinned by close analysis and a remarkable clarity of exposition. The book is a terrific survey of the forces behind today’s global trade tensions and imbalances.”—Ann Pettifor, Times Literary Supplement

“[O]ffers a deeper argument about the source of the trouble.”—The Economist

“Matthew Klein and Michael Pettis have successfully woven a grand narrative linking income inequality, geopolitics, trade, finance and even environmental issues.”—Maximilian Kärnfelt, Merics China Briefing Newsletter

“[Klein and Pettis] pack into just a few hundred pages a sweeping and powerful account of the interconnections between cutthroat politics and global economic imbalances.”—Ryan Avent, Strategy + Business

“Elegantly argued and eclectically well-documented.”—Andrew Yamakawa Elrod, New Labor Forum

“Trade Wars Are Class Wars is well-argued, eminently readable . . . and provocative.”—Journal of Economic Literature

Winner of the Lionel Gelber Prize, sponsored by Munk Centre for International Studies

“An erudite, original, and provocative explanation of the global economic imbalances that have been at the root of numerous financial crises.”—Ernesto Zedillo, director, Yale Center for the Study of Globalization

“This is a book that everyone concerned with the global economy should read. A fascinating account of the damage that rising inequality—especially in China and Germany—has done to all our economies.”—Dani Rodrik, Harvard University