Books by Philip Coggan

What happens in the City has never affected us moreIn this excellent guide, now fully revised and updated, leading financial journalist Philip Coggan cuts through the headlines, the scandals and the jargon to explain the nuts and bolts of the financial system.What causes the pound to rise or interest rates to fall? Which are the institutions that really matter? Why is it we need the Money Machine - and what happens when it crashes? Coggan provides clear and concise answers and shows why we should all be more familiar with a system we so intimately depend upon.

"Writing with a lucidity that enables him to convey deep insights without a trace of jargon.... [Paper Promises is] the most illuminating account of the financial crisis to appear to date."- John Gray, New Statesman

Beginning with a definition of who the Cambodians are, this fully illustrated history then tracks back to the earliest kingdoms before 800 AD, followed by an investigation of the creation of the magnificent city of Angkor and Cambodia's centuries of greatness up to 1400 AD...

Winner of the Spears Business Book of the Year AwardLonglisted for the Financial Times Goldman Sachs Business Book of the Year AwardIn today's financial climate, we are all, naturally, obsessed by debt. In almost every aspect of our life we experience it - on our credit cards, mortgages, bank loans and student loans. But where has this debt come from? How does it work? What is any money really worth? And what promises do we need to believe to keep the whole system afloat?In this fascinating look at money through the ages - including our own unstable future - award-winning financial journalist Philip Coggan examines the flawed structure of the global finance systems as they exist today, and asks, with deeper imbalances that the world is currently facing, what's actually at stake.

The Last Vote is a wake-up call showing why we cannot afford to take democracy for granted, from Philip Coggan, award-winning author of Paper Promises and The Money MachineCan we afford to take democracy for granted? It's now so much a part of our lives that we could be forgiven for thinking it mainly takes care of itself. Almost half the world's population now lives in a democratic state, while some Western democracies have now had universal suffrage for almost a century and have endured through even the most severe of global upheavals. In The Last Vote, Philip Coggan shows how democracy today faces threats that we ignore at our own risk. Amid the turmoil of the financial crisis, high debt levels, and an ever-growing gap between the richest and the rest, it is easy to forget that the ultimate victim could be our democracy itself. Tracing democracy's history and development, from the classical world through the revolution of the Enlightenment and on to its astounding success in the nineteenth and twentieth centuries, Coggan revisits the assumptions on which it is founded. What exactly is democracy? Why should we value it? What are its flaws? And could we do any better?The Last Vote is a wake-up call, and an illuminating defence of a system, which, in Churchill's words, is the worst possible form of government, except for all the others that have been tried. Reasoned, lucid and balanced, Coggan's argument parrots neither the agenda of left nor right, but calls for us all to work together to ensure we don't end up in an even greater mess than we're in today. Finally, he proposes ideas for change and improvement to the system itself so the next vote we cast will not be the last.Praise for Paper Promises:'This book stands way above anything written on the present economic crisis' Nassim Taleb, author of The Black Swan'Bold and confident... This book should be taken very seriously' John Authers, Financial Times'The most illuminating account of the financial crisis to appear to date ... written with a lucidity that conveys deep insights without a trace of jargon' John Gray, New StatesmanPhilip Coggan was a Financial Times journalist for over twenty years, and is now the Buttonwood columnist for the Economist. In 2009 he was named Senior Financial Journalist in the Harold Wincott awards and was voted Best Communicator at the Business Journalist of the Year Awards. He is the author of The Money Machine, and Paper Promises, winner of the Spears Business Book of the Year Award and longlisted for the Financial Times Goldman Sachs Business Book of the Year Award.