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Vague Richard
The Paradox Of Debt A New Path To Prosperity Without Crisis
The Paradox Of Debt A New Path To Prosperity Without Crisis
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Binding: Paperback
Description: 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
Title: The Paradox Of Debt A New Path To Prosperity Without Crisis
Author(s): Vague Richard
Publisher: Swift Press
Barcode: 9781800752207
Pages: 288 Pages
Publication Date: 6/20/2024
Category: Political Economy
Description: 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
Title: The Paradox Of Debt A New Path To Prosperity Without Crisis
Author(s): Vague Richard
Publisher: Swift Press
Barcode: 9781800752207
Pages: 288 Pages
Publication Date: 6/20/2024
Category: Political Economy