Read all about it: NS Books of the Year 2012
The New Statesman’s friends and contributors choose their favourite books of 2012.
Rowan Williams | A S Byatt | Ed Miliband | Ali Smith | Melvyn Bragg | Margaret Drabble | Ed Balls | Tracey Thorn | Colm Tóibín | Jesse Norman | Richard J Evans | Alain de Botton | Laura Kuenssberg | Douglas Alexander | Jenny Diski | Jon Snow | Julie Myerson | Simon Heffer | James Wood | Joan Bakewell | Mark Damazer | John Gray | David Willetts | Ruth Padel | Pankaj Mishra | Jane Shilling | Norman Lamont | Simon Blackburn | Michael Holroyd | John Banville | Laurie Penny | Geoff Dyer | Amanda Craig | Leo Robson | Tim Soutphommasane | Olivia Laing | Ed Smith | Colin McCabe | Adam Mars-Jones | David Marquand | Toby Litt | Adam Gopnik | Sarah Churchwell | Douglas Hurd | Adam Thirlwell | Talitha Stevenson | John Sutherland | Andrew Adonis | Christopher Ricks | Jonathan Derbyshire | John Burnside | Geoffrey Wheatcroft | Craig Raine | Peter Wilby | Benjamin Kunkel | Jason Cowley | Alex Preston
(Photo: Getty Images)
The Fear Index by Robert Harris (Arrow, £7.99) is a great story set in the world of finance about markets being manipulated, how technology has changed financial markets and greed. Entirely fictional, of course. In What Money Can’t Buy: the Moral Limits of Markets (Allen Lane, £20), Michael Sandel makes a powerful argument that applying market values where they don’t belong – whether in government, education, art or personal relations – can corrode our ideas of right and wrong. The book argues that when we don’t observe the boundaries of markets, we corrupt the values we share. I was proud to have Michael at the Labour party conference this year, encouraging delegates to argue and debate. This is a book that can persuade people that the rules of the economy don’t just reflect our values, they help to determine them – and that is a powerful argument for change.