The Phoenix Economy

Work, Life, and Money in the New Not Normal

Felix Salmon author

Format:Hardback

Publisher:HarperCollins Publishers Inc

Published:9th May '23

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The Phoenix Economy cover

An award-winning journalist presents a tour-de-force analysis—drawing from history, economics, sociology, and popular culture—of the profound and transformative years of the early 2020s, both for individuals and for the global economy.

We are living in a strange worldSalmon calls it “the New Not Normal.” The Phoenix Economy explores the ramifications ofthe pandemic years, many of which are surprisinglypositive. In doing so, Salmon makes senseof one of the most disorienting and devastatingevents of our lifetimes. He examines the criticalaspects of our lives that have been transformed inthree parts: Time and Space, Mind and Body, andBusiness and Pleasure.

Salmon’s keen observations, on everything from meme stocks to lobster rolls, are backed by a deep understanding of financial markets and the quirks of human behavior. His clear-eyed perspective on human and economic events, combined with his considerable analytical and observational skills, make The Phoenix Economy an insightful, fast-paced read.

This book is essential for anyone wanting a better understanding of the near- and long-term effects of this new era and what they portend for our lives. It’s a penetrating insight into what happened—and, more important, what lies ahead.

“Felix Salmon represents the last bastion of old-school journalism, combining intellectual curiosity, a breadth of knowledge, and, crucially, razor-like intuition.” — Nassim Nicholas Taleb, author of The Black Swan “Like its author, this take on our post-pandemic world is wise, witty, and filled with unexpected observations about our portfolios, our politics, our homes, and our hearts. The best part—you’ll come away feeling more optimistic about the world that Covid has wrought.” — Rana Foroohar, Financial Times columnist, CNN analyst, and author of Homecoming: The Path to Prosperity in a Post-Global World “A refreshing, thoughtful, and witty look into what’s changed and what’s ahead, The Phoenix Economy explores a lot more than economics and finance. It rightly warns that we live in a more unpredictable world and that ‘the unexpected isn’t over.’ Whether you are a policymaker, corporate leader, investor, or student, this is an important read.” — Mohamed A El-Erian, president of Queens’ College, Cambridge, and author of When Markets Collide “Felix Salmon is the Daniel Defoe of our time, reminding us of what we lived through during the Covid-19 pandemic and telling us how the world will change as a result.” — Joseph E. Stiglitz, recipient of the Nobel Memorial Prize in Economic Sciences (2001) “Felix Salmon is the rarest trifecta—thinker, reporter, storyteller. From lobster rolls to Etch A Sketch, The Phoenix Economy is your witty, knowing field guide to our new normal.” — Mike Allen, cofounder of Axios

ISBN: 9780063076280

Dimensions: 229mm x 152mm x 29mm

Weight: 494g

352 pages