The pound and the fury : why anger and confusion reign in an economy paralysed by myth / Jack Mosse.

Format:

Book

Author/Creator:

Mosse, Jack, author.

Contributor:

Alumni and Friends Memorial Book Fund.

Series:

Manchester capitalism

Language:

English

Subjects (All):

Economics--Great Britain.

Economics.

Great Britain--Economic conditions.

Great Britain.

Economic conditions.

Economic history.

Physical Description:

ix, 168 pages : illustrations (black and white) ; 20 cm.

Place of Publication:

Manchester : Manchester University Press, 2021.

Summary:

What's wrong with the UK economy? Everyone has an opinion. But no one has an answer. Why? For decades, our economy has failed to work for ordinary citizens: stagnant wages have been combined with underemployment and rising costs of basic goods like healthcare, education and housing. At the same time, a small minority of the population make obscene profits, while in the background we continue to hurtle headlong into an environmental emergency. While there is no shortage of anger and anti-elite sentiment expressed in what is often referred to as the 'culture wars', no significant challenge to the dominant economic model has broken into the mainstream. The pound and the fury argues that behind this failure of imagination are a set of myths about how the economy works, myths that stifle debate and block change. This book analyses the origins of these myths and how they might be dispelled at a time when, away from the public gaze, economic theory is opening up new possibilities of economic action. Possibilities that, as we emerge from the chaos of COVID-19, could lead to the radical structural changes we desperately need. -- Provided by publisher.

Contents:

Machine generated contents note: 1. Anger, confusion and the pot of money myth

2. Churches of high finance: myth in the financial sector

3. Magic money tree: myth in the political sphere

4. Media myths

5. Demythologising the economy: not a pot of money.

Notes:

Includes bibliographical references and index.

Local Notes:

Acquired for the Penn Libraries with assistance from the Alumni and Friends Memorial Book Fund.

Other Format:

Ebook version :

ISBN:

1526158809

9781526158802

OCLC:

1241732130