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Should We Abolish Household Debts?
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Should We Abolish Household Debts?
$2399
Unit price
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Book Hero Magic created this recommendation. While it's new and still learning, it may not be perfect - your feedback is welcome! IS THIS YOUR NEXT READ?
Book Hero Magic formatted this description to make it easier to read. While it's new and
still learning, it may not be perfect - your
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Description
We live in a culture of credit. As wages have stagnated, we’ve seen a dramatic surge in private borrowing across the western world; increasing numbers of households are sucked into a hopeless vortex of spiralling debt, fuelled by exploitative lending.
In Should We Abolish Household Debts? Johnna Montgomerie argues that the situation is chronically dysfunctional, both individually and collectively. She shows that abolishing household debts can put an end to austerity and to the unsustainable forward march of debt-dependent growth.
She combines astute economic analysis with the elements of an accessible guide to practical policy solutions such as extending unconventional monetary policy to the household sector, providing pragmatic and affordable refinancing options, and writing off the most pernicious elements of household debt. This framework, she contends, can help us to make our economy fairer and to tackle both the housing crisis and accelerating inequality.
Book Hero Magic summarised reviews for this book. While it's new and still learning, it may not be perfect - your feedback is welcome! HOW HAS THIS BEEN REVIEWED?
Johnna Montgomerie's Should We Abolish Household Debts? is praised for its exploration of why many families in Britain rely on borrowing and provides practical solutions for breaking away from debt-driven growth. Reviewers commend the book for transforming what may seem like a radical idea into common sense, highlighting its accessibility and clarity in explaining complex economic concepts. Readers find it both an easy and enlightening read, offering concise and informative insights.
Book Details
INFORMATION
ISBN: 9781509525409
Publisher: John Wiley and Sons Ltd
Format: Paperback / softback
Date Published: 22 March 2019
Country: United Kingdom
Imprint: Polity Press
Audience: General / adult
DIMENSIONS
Spine width: 15.0mm
Width: 122.0mm
Height: 188.0mm
Weight: 168g
Pages: 140
About the Author
Dr. Johnna Montgomerie is a Reader in International Political Economy at King's College London.
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