Paper Promises Debt, Money, and the New World Order

294 pages; sticker inside the DJ. Minor rubbing to DJ. Light fading to pages. Very Good condition otherwise. No other noteworthy defects. No markings. ; - Your satisfaction is our priority. We offer free returns and respond promptly to all inquiries. Your item will be carefully cushioned in bubble wrap and securely boxed. All orders ship on the same or next business day. Buy with confidence.

From Publisher:

Winner of the Spear's Best Business Book Award
Longlisted for the 2012 Financial Times and Goldman Sachs Business Book of the Year Award
For the past forty years western economies have splurged on debt. Now, as the reality dawns that many debts cannot be repaid, we find ourselves again in crisis. But the oncoming defaults have a time-worn place in our economic history. As with the crises in the 1930s and 1970s, governments will fall, currencies will lose their value, and new systems will emerge. Just as Britain set the terms of the international system in the nineteenth century, and America in the twentieth century, a new system will be set by today's creditors in China and the Middle East. In the process, rich will be pitted against poor, young against old, public sector workers against taxpayers and one country against another.

In Paper Promises, Economist columnist Philip Coggan helps us to understand the origins of this mess and how it will affect the new global economy by explaining how our attitudes towards debt have changed throughout history, and how they may be about to change again.

Product Info

ISBN: 1610391268

ISBN-13: 9781610391269

Publisher: Publicaffairs

Year: 2012

Type: Used

Binding: Hardcover

First Edition

Seller Info

TrueOakBooksLLC

Address: 574 New Paltz Rd Highland, New York

Website: https://www.trueoakbooks.com

Country: United States