Whispers Under Ground by Ben Aaronovitch. Latest book in what was the "Rivers of London" series and now seems to be called the "Peter Grant" series, about a magic-using London policeman. Quite similar to the Dresden Files books.
I liked this one a lot. Not hugely original, but well done, with a good mix of humour and action, and a few interesting bits of London lore. It's refreshingly non-apocalyptic, especially after the last few Dresden Files and Laundry books: you don't need to threaten the world every time.
Definitely worth reading if you like the series. Fairly accessible to newcomers but might be worth picking up the series from the start.
Random thought on economics
It seems to me that the US has, basically by accident, had an ideal response to the Great Recession.
The difference about the current Great Recession is that worldwide, it has dragged on much longer than previous recessions. The logical initial response to the Great Recession was to treat it like previous recessions. Provide a short, intense, debt-funded stimulus; in the expectation that in the subsequent boom increased taxes and lower spending can be used to repay that debt.
However, those nations that tried that in the Great Recession hit the problem: what do you do when the recession continues for years? Some have tried austerity: attempt to pay back the debt with lower spending and higher taxes despite the continuing recession. That hits the problem of the austerity curve: the additional shock to growth and tax receipts means that you can actually increase the debt by trying to do it that way.
The US though, was extraordinary lucky that the Great Recession has taken place at time of partisan political gridlock.
As Paul Krugman pointed out, the initial US stimulus seemed much too small for the depth of the initial recession. This meant when it dragged on, they hadn't racked up a large stimulus-related debt that they really needed to pay back.
More importantly, while many in the US would like an austerity programme, they haven't had one. Austerity has an understandable appeal: like slamming on the brakes while driving on an icy road, it's the correct instinct in familiar circumstances, which is nonetheless counterproductive in certain situations. Because of the US political gridlock, instead of austerity they have continued to run a modest deficit throughout the long recession.
Apparently unintentionally, the US has responded to the prolonged recession with a prolonged, low intensity stimulus. Nobody planned it, it just happened.
It seems the dead hand of the Founding Fathers has somehow done it again. I wonder if Benjamin Franklin has a holo-recording in a Time Vault somewhere...
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