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The Production of Money: How to Break the Power of the Banks

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What is money, where does it come from, and who controls it?

In this accessible, brilliantly argued book, leading political economist Ann Pettifor explains in straightforward terms history’s most misunderstood invention: the money system. Pettifor argues that democracies can, and indeed must, reclaim control over money production and restrain the out-of-control finance sector so that it serves the interests of society, as well as the needs of the ecosystem.

The Production of Money examines and assesses popular alternative debates on, and innovations in, money, such as “green QE” and “helicopter money.” She sets out the possibility of linking the money in our pockets (or on our smartphones) to the improvements we want to see in the world around us.

Συγγραφέας: Pettifor Ann
Εκδότης: VERSO
Σελίδες: 192
ISBN: 9781786631350
Εξώφυλλο: Μαλακό Εξώφυλλο
Αριθμός Έκδοσης: 1
Έτος έκδοσης: 2018

Ann Pettifor is Director of Prime (Policy Research in Macroeconomics) and a Fellow of the New Economics Founda­tion. She has honorary doctorates from Newcastle University, Helsinki University and SOAS. She is known for predicting the global financial crisis of 2007–9 and for her leadership of a campaign that resulted in massive debt cancellation for more than thirty countries – Jubilee 2000. She is the author of The Coming First World Debt CrisisThe Production of Money and The Case for the Green New Deal. Her Substack is System Change.

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