The Magic Money Tree: How Money Really Works - Tapa blanda

Sinopsis

Whenever there’s a policy proposal that would require the government to spend a large amount of money on public services, infrastructure, the NHS or social security, the cry goes up, ‘But how are we going to pay for it? There’s no magic money tree!’In this book David Brown draws on the insights of Modern Money Theory to explore and explain how money really works, and finds that perhaps there really is a magic money tree after all. In the process he exposes the worn-out but widely accepted myths that are used to legitimise poor policy decisions which all too often have disastrous consequences for poverty, unemployment and inequality. In a time of economic turmoil, such as the present Covid pandemic, getting the response right and implementing policies that work is critical. This book provides a timely and hopeful insight into how money works—and how we can make it work for the benefit of society.

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