Between debt and the devil : money, credit, and fixing global finance
Turner, Adair2016
Books
Adair Turner 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.
Main title:
Author:
Turner, Adair, author
Imprint:
Princeton : Princeton University Press, [2016]©2016
Collation:
xiv, 302 pages : illustrations (black and white) ; 24 cm
Notes:
Includes bibliographical references and index.
ISBN:
9780691169644 (hbk)
Dewey class:
332.042
Language:
English
Subject:
BRN:
2220473