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  2. Økonomi
  3. Politisk økonomi

The Paradox of Debt

- A New Path to Prosperity Without Crisis
Af: Richard Vague Engelsk Paperback

The Paradox of Debt

- A New Path to Prosperity Without Crisis
Af: Richard Vague Engelsk Paperback
Tjek vores konkurrenters priser

HOW TO MAKE DEBT WORK FOR US

When we talk about debt and its impact on our economy, we almost always mean ‘government debt’. However, this is only a small part of the picture: individuals, private firms and households owe trillions, and these private debts are vital to understanding the economy.

In The Paradox of Debt, Richard Vague shows that the real factor that drives both financial crises and spiralling inequality – but also, paradoxically, economic growth – is ever-rising private debt. The paradox is that while debt is essential and our economy relies on it, it also brings instability unless it is periodically deleveraged – and that is very hard to do. It can, however, be carefully managed, and Vague demonstrates how to do so in areas ranging from trade and housing to financial policy and student debt.

‘Richard Vague is a successful banker, brilliant author and contrarian economist with an encyclopaedic knowledge of the history of money and banking, and the parts of economic theory that are worth knowing. No-one else comes close to his blend of professional experience, oratorical flair and critical insights’ STEVE KEEN, author of Debunking Economics

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Tjek vores konkurrenters priser

HOW TO MAKE DEBT WORK FOR US

When we talk about debt and its impact on our economy, we almost always mean ‘government debt’. However, this is only a small part of the picture: individuals, private firms and households owe trillions, and these private debts are vital to understanding the economy.

In The Paradox of Debt, Richard Vague shows that the real factor that drives both financial crises and spiralling inequality – but also, paradoxically, economic growth – is ever-rising private debt. The paradox is that while debt is essential and our economy relies on it, it also brings instability unless it is periodically deleveraged – and that is very hard to do. It can, however, be carefully managed, and Vague demonstrates how to do so in areas ranging from trade and housing to financial policy and student debt.

‘Richard Vague is a successful banker, brilliant author and contrarian economist with an encyclopaedic knowledge of the history of money and banking, and the parts of economic theory that are worth knowing. No-one else comes close to his blend of professional experience, oratorical flair and critical insights’ STEVE KEEN, author of Debunking Economics

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Se mere i:
Produktdetaljer
Sprog: Engelsk
Sider: 288
ISBN-13: 9781800752207
Indbinding: Paperback
Udgave:
ISBN-10: 1800752202
Kategori: Politisk økonomi
Udg. Dato: 20 jun 2024
Længde: 18mm
Bredde: 128mm
Højde: 197mm
Forlag: Swift Press
Oplagsdato: 20 jun 2024
Forfatter(e): Richard Vague
Forfatter(e) Richard Vague

Kategori Politisk økonomi

ISBN-13 9781800752207

Sprog Engelsk

Indbinding Paperback

Sider 288

Udgave

Længde 18mm

Bredde 128mm

Højde 197mm

Udg. Dato 20 jun 2024

Oplagsdato 20 jun 2024

Forlag Swift Press

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