Can't We Just Print More Money?

Author: Rupal Patel
Publisher: National Geographic Books
ISBN: 184794339X
Category : Business & Economics
Languages : en
Pages : 0

Book Description
'A well-written treat' Professor David Spiegelhalter, author of The Art of Statistics 'An enjoyable introduction' The Times 'Entertaining and essential' Laura Whateley, author of Money: A User's Guide __ Why are all my clothes made in Asia? How come I'm so much richer than my great-great-grandma? And what even is money? Whether you're buying lunch, looking for a job, or applying for a mortgage, the thing we call 'the economy' is going to set the terms. A pity, then, that many of us have no idea how the economy actually works. That's where this book comes in. The Bank of England is Britain's most important financial institution, responsible for printing money, regulating banks and keeping the economy running smoothly. Now, the Bank's team take you inside their hallowed halls to explain what economics can - and can't - teach us about the world. Along the way, they offer intriguing examples of econ in action: in financial crises and Freddo prices, growth stages and workers' wages. Accessible, authoritative and surprisingly witty, this is a crash course in economics and why it matters. __ 'If you feel you should understand how economists think but have no idea where to start, this book is the answer . . . Buy this book for the inquiring person, young, old or in between.' Martin Wolf, Financial Times The Sunday Times Business Bestseller

Between Debt and the Devil

Author: Adair Turner
Publisher: Princeton University Press
ISBN: 0691175985
Category : Business & Economics
Languages : en
Pages : 330

Book Description
Why our addiction to debt caused the global financial crisis and is the root of our financial woes Adair Turner became chairman of Britain's Financial Services Authority just as the global financial crisis struck in 2008, and he played a leading role in redesigning global financial regulation. In this eye-opening book, he sets the record straight about what really caused the crisis. It didn’t happen because banks are too big to fail—our addiction to private debt is to blame. Between Debt and the Devil challenges the belief that we need credit growth to fuel economic growth, and that rising debt is okay as long as inflation remains low. In fact, most credit is not needed for economic growth—but it drives real estate booms and busts and leads to financial crisis and depression. Turner explains why public policy needs to manage the growth and allocation of credit creation, and why debt needs to be taxed as a form of economic pollution. Banks need far more capital, real estate lending must be restricted, and we need to tackle inequality and mitigate the relentless rise of real estate prices. Turner also debunks the big myth about fiat money—the erroneous notion that printing money will lead to harmful inflation. To escape the mess created by past policy errors, we sometimes need to monetize government debt and finance fiscal deficits with central-bank money. Between Debt and the Devil shows why we need to reject the assumptions that private credit is essential to growth and fiat money is inevitably dangerous. Each has its advantages, and each creates risks that public policy must consciously balance.

Can’t We Just Print More Money?

Author: Rupal Patel
Publisher: Random House
ISBN: 1473585775
Category : Business & Economics
Languages : en
Pages : 0

Book Description
What is economics? How can it help explain the world? And why should we care? Our world is shaped by economics. Whether you're buying a loaf of bread, looking for a job, or applying for a mortgage, the thing we call 'the economy' is going to set the terms. A shame, then, that most of us have no idea what the economy actually is. That's where this book comes in. The Bank of England is Britain's most venerable financial institution, responsible for printing money, setting the rate of interest and regulating the economy. Now, the team at the Bank take you inside their hallowed halls to outline precisely what economics can - and can't - tell us about the world. Organised around the ten key questions any budding economist should be able to answer, this primer takes you from the basics - what economics actually is, and the laws of supply and demand - before moving onto how economics defines all of our lives: through growth and inflation, trade and recessions, taxes and spending. Along the way, it offers vivid examples of econ in action: not only in the City of London, but also in office canteens, on factory floors, even on Love Island . . . Witty, absorbing and eminently accessible, this book is your one-stop guide to the economic universe we all inhabit.

The Deficit Myth

Author: Stephanie Kelton
Publisher: PublicAffairs
ISBN: 1541736206
Category : Business & Economics
Languages : en
Pages : 311

Book Description
A New York Times Bestseller The leading thinker and most visible public advocate of modern monetary theory -- the freshest and most important idea about economics in decades -- delivers a radically different, bold, new understanding for how to build a just and prosperous society. Stephanie Kelton's brilliant exploration of modern monetary theory (MMT) dramatically changes our understanding of how we can best deal with crucial issues ranging from poverty and inequality to creating jobs, expanding health care coverage, climate change, and building resilient infrastructure. Any ambitious proposal, however, inevitably runs into the buzz saw of how to find the money to pay for it, rooted in myths about deficits that are hobbling us as a country. Kelton busts through the myths that prevent us from taking action: that the federal government should budget like a household, that deficits will harm the next generation, crowd out private investment, and undermine long-term growth, and that entitlements are propelling us toward a grave fiscal crisis. MMT, as Kelton shows, shifts the terrain from narrow budgetary questions to one of broader economic and social benefits. With its important new ways of understanding money, taxes, and the critical role of deficit spending, MMT redefines how to responsibly use our resources so that we can maximize our potential as a society. MMT gives us the power to imagine a new politics and a new economy and move from a narrative of scarcity to one of opportunity.

What Money Can't Buy

Author: Michael J. Sandel
Publisher: Farrar, Straus and Giroux
ISBN: 1429942584
Category : Philosophy
Languages : en
Pages : 246

Book Description
In What Money Can't Buy, renowned political philosopher Michael J. Sandel rethinks the role that markets and money should play in our society. Should we pay children to read books or to get good grades? Should we put a price on human life to decide how much pollution to allow? Is it ethical to pay people to test risky new drugs or to donate their organs? What about hiring mercenaries to fight our wars, outsourcing inmates to for-profit prisons, auctioning admission to elite universities, or selling citizenship to immigrants willing to pay? In his New York Times bestseller What Money Can't Buy, Michael J. Sandel takes up one of the biggest ethical questions of our time: Isn't there something wrong with a world in which everything is for sale? If so, how can we prevent market values from reaching into spheres of life where they don't belong? What are the moral limits of markets? Over recent decades, market values have crowded out nonmarket norms in almost every aspect of life. Without quite realizing it, Sandel argues, we have drifted from having a market economy to being a market society. In Justice, an international bestseller, Sandel showed himself to be a master at illuminating, with clarity and verve, the hard moral questions we confront in our everyday lives. Now, in What Money Can't Buy, he provokes a debate that's been missing in our market-driven age: What is the proper role of markets in a democratic society, and how can we protect the moral and civic goods that markets do not honor and money cannot buy?

Naked Economics: Undressing the Dismal Science

Author: Charles Wheelan
Publisher: W. W. Norton & Company
ISBN: 0393324869
Category : Business & Economics
Languages : en
Pages : 385

Book Description
Seeks to provide an engaging and comprehensive primer to economics that explains key concepts without technical jargon and using common-sense examples.

Pragmatic Capitalism

Author: Cullen Roche
Publisher: Macmillan
ISBN: 1137279311
Category : Business & Economics
Languages : en
Pages : 252

Book Description
An insightful and original look at why understanding macroeconomics is essential for all investors

Where Does Money Come From?

Author: Josh Ryan-Collins
Publisher:
ISBN: 9781908506542
Category : Banks and banking
Languages : en
Pages : 186

Book Description
Based on detailed research and consultation with experts, including the Bank of England, this book reviews theoretical and historical debates on the nature of money and banking and explains the role of the central bank, the Government and the European Union. Following a sell out first edition and reprint, this second edition includes new sections on Libor and quantitative easing in the UK and the sovereign debt crisis in Europe.

BBQ Economics

Author: Liam Dann
Publisher: Penguin Random House New Zealand Limited
ISBN: 1776953851
Category : Business & Economics
Languages : en
Pages : 286

Book Description
Should I fix or float? Is now a good time to buy — or sell? What do self-made billionaires know that you and I don’t? Why does cheese cost so much? Veteran financial journalist Liam Dann has fielded as many money-related questions as he has enjoyed beers around the BBQ — and often at the same time. In this book, he sets out to answer them all, sharing his decades of insight with stories and quotes from prominent politicians, financial experts and business moguls and loads of helpful graphs and illustrations in a super-informative, entertaining introduction to money, how it works, what we should do with it, and why it matters. Includes: — What even is money? — Economic theory — Who’s left, who’s right, who’s wrong?: Money and politics — Bitcoin, NFTs and the future of money — Inflation and deflation — AI and the future of work — Migration — How to read an economic forecast — Good times, bad times: Growth, recessions and depressions — Work smarter: NZ’s productivity problem — Earthquakes, pandemics and market crashes — Investing — Safe as houses: The Kiwi obsession with property — Bank profits — The Great Depression — Boomer Times — Muldoon’s shadow — GDP or not GDP — Taxing questions — Understanding risk — And so much more . . . “Liam has managed to do the almost impossible — make the world of economics accessible, interesting and, dare I say it, even fun.” — Grant Robertson, Former Deputy Prime Minister and Finance Minister ‘Who knew The Lorax, Biggie Smalls and Jim Bolger’s surf team could help explain economics? Dann nails why money matters. This is how to talk finance at the BBQ and still be invited back.” — Guyon Espiner, Investigative journalist “Liam's a master at telling you what you didn't know you needed to know, while still making you laugh. If you want a shortcut to impressing your friends at the weekend, this is the book to help you do it.” — Frances Cook, Personal finance journalist and educator “A guidebook to sounding smart next time someone asks about the economy. Dann easily translates complex jargon into simple, Kiwi examples.” — Brad Olsen, Chief Executive and Principal Economist, Infometrics “A surprisingly fun and easy read - filled with characters, humour and Liam's personal stories - that gives us the how, why and who of money in New Zealand.” — Mary Holm, Personal finance writer and seminar presenter “Liam has a remarkable way of making the complicated, uncomplicated. His insightful, considered, and plain-English explanation of economics is a must-read for anyone wanting to know just what makes our economy tick.” — Sir John Key, former Prime Minister of New Zealand

Think Like an Economist

Author: Anne Rooney
Publisher: 'The Rosen Publishing Group, Inc'
ISBN: 1499470940
Category : Young Adult Nonfiction
Languages : en
Pages : 162

Book Description
From ancient barter systems through the Industrial Revolution and the emergence of modern globalization, the field of economics is central to the way we organize and live our lives. This informative volume is a comprehensive and accessible introduction to this vital subject for readers. It looks at questions concerning such fundamental concepts as goods and services and supply and demand. The thoughtful text investigates how economics can be used to improve humanity’s living standards and ultimately make the world a better place for all.