The Debt Delusion

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Release : 2020-01-13
Genre : Political Science
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Book Rating : 933/5 ( reviews)

The Debt Delusion - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The Debt Delusion write by John F. Weeks. This book was released on 2020-01-13. The Debt Delusion available in PDF, EPUB and Kindle. ‘Governments should spend no more than their tax income.’ Most people in Europe and North America accept this statement as simple common sense. It resonates with the deeply engrained economic metaphors that dominate public discourse, from ‘living within your means’ to ‘balancing the budget’ – all necessary, or so conventional wisdom holds, to avoid the dangers of debt, taxation and financial ruin. This book shows how these homely metaphors constitute the ‘debt delusion’: a set of plausible-sounding yet false ideas that have been used to justify damaging austerity policies. John Weeks debunks these myths, explaining the true story behind public spending, taxation, and debt, and their real function in the management of our economies. He demonstrates that disputes about public finances are not primarily technical matters best left to specialists and experts, as many politicians would have us believe, but rather fundamentally questions about our true political priorities. Requiring no prior economic knowledge, this is an ideal primer for anyone wishing to cut through the rhetoric and misinformation that dominate political debates on economics and become an informed citizen.

Debt and Delusion

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Author :
Release : 1999
Genre : Business & Economics
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Book Rating : /5 ( reviews)

Debt and Delusion - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Debt and Delusion write by Peter Warburton. This book was released on 1999. Debt and Delusion available in PDF, EPUB and Kindle.

The Debt Delusion

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Release : 2008-02
Genre : Business & Economics
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Book Rating : 950/5 ( reviews)

The Debt Delusion - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The Debt Delusion write by Will Slatyer. This book was released on 2008-02. The Debt Delusion available in PDF, EPUB and Kindle. In the twenty-first century, corporations delude themselves that their operations are capitalist. In fact the high levels of debt, based on dubious assets reflect "debtism" not "capitalism". Over the ages, debt has crippled countries and economies, companies, large and small, because of biased optimism by lenders and borrowers. Debt is the most common global financial risk and needs to be controlled at Board level, even before trained executives endeavour risk management. The Debt Delusion provides a history of money and debt that should lead all Directors and executives to study recommended ways to manage debt. Management of debt will be extremely important in 2008.

Summer of Unrest: The Debt Delusion

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Release : 2011-07-28
Genre : Political Science
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Book Rating : 851/5 ( reviews)

Summer of Unrest: The Debt Delusion - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Summer of Unrest: The Debt Delusion write by Mehdi Hasan. This book was released on 2011-07-28. Summer of Unrest: The Debt Delusion available in PDF, EPUB and Kindle. Britain in 2011 is in the grip of debt hysteria. If the current coalition government is going to be remembered for one thing it is the cuts: the most severe that this country has seen for decades. Cuts to university funding, libraries and public sector workplaces have seen the most high profile resistance, with the type of protest on the streets not seen since the Poll Tax riots and the Thatcher years. In this ebook, Mehdi Hasan exposes ten myths about the debt, deficits and spending cuts, and asks if this programme of austerity is really necessary or whether it is actually an economic strategy with its roots in an ideology that extends much further back in time than the global economic collapse of 2008. BRAIN SHOTS is the pre-eminent source for high quality, short-form digital non-fiction. The Summer of Unrest series brings together stellar writers to explore the issues surrounding the austerity measures in the UK, uprisings in the Middle East and the nature of the protest movements springing up all over the world.

The Deficit Myth

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Release : 2020-06-09
Genre : Business & Economics
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Book Rating : 206/5 ( reviews)

The Deficit Myth - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The Deficit Myth write by Stephanie Kelton. This book was released on 2020-06-09. The Deficit Myth available in PDF, EPUB and Kindle. 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.