Aeron's book "Bankruptcy, Bubbles, and Bailouts: The Inside History of the Treasury Since 1976" delves into the complex and often secretive operations of the UK's Treasury, a central institution in shaping the country’s economic system.

The narrative is constructed around interviews with over 50 key figures, providing a unique insider perspective on the decisions, successes, and failures that have influenced Britain's economy since the mid-1970s.

This detailed account emphasizes the Treasury's dual image: on one side, a stabilizing force in times of economic crises, and on the other, a contributor to socio-economic disparities, policy mishaps, and growing inequalities. The book highlights botched privatizations, questionable financial initiatives, and a failure to anticipate major economic downturns as significant low points in the Treasury's history.

William asked Aeron about his investigation into the Treasury, and they discussed what the institution of the Treasury tells us about our economy and our view of economics.

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