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The Magic Money Tree and Other Economic Tales (Paperback) Loot Price: R686
Discovery Miles 6 860
The Magic Money Tree and Other Economic Tales (Paperback): Lorenzo Forni

The Magic Money Tree and Other Economic Tales (Paperback)

Lorenzo Forni

Series: Comparative Political Economy

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Loot Price R686 Discovery Miles 6 860 | Repayment Terms: R64 pm x 12*

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This lively and provocative look at the tension between economics and politics examines why so many mistakes in economic policy-making are made for political reasons and ignore the economic truths. Using short-term economic gains to ensure electoral success, argues Lorenzo Forni, inevitably spells macroeconomic disaster. Using the state budget, trade policy and monetary policy to prop up labour markets and the wider economy in order to boost voter approval ratings, while ignoring budget constraints can only result in longer recessions and economic downturns. Which then can incur the painful austerity measures needed to bring the economy back into balance. Forni looks at many unsustainable economic policies that have been implemented in parts of the world when the economic realities - there is no magic money tree! - would recommend a different and more prudent economic course.

General

Imprint: Agenda Publishing
Country of origin: United Kingdom
Series: Comparative Political Economy
Release date: July 2021
Authors: Lorenzo Forni
Dimensions: 198 x 129 x 18mm (L x W x T)
Format: Paperback
Pages: 184
ISBN-13: 978-1-78821-365-3
Categories: Books > Business & Economics > Economics > Economic forecasting
Books > Business & Economics > Economics > Macroeconomics > Monetary economics
Books > Business & Economics > Finance & accounting > Finance > Banking
Books > Money & Finance > Banking
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LSN: 1-78821-365-3
Barcode: 9781788213653

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