The Gods that Failed
Rethinking Central Banking and Macrofinancial Policy for the Age of Polycrisis
The Gods that Failed
Rethinking Central Banking and Macrofinancial Policy for the Age of Polycrisis
Description
Renowned economist Josh Ryan-Collins provides the ideal pedagogical resource for anyone concerned with the major role central banks play in shaping all of our economic opportunities and daily lives.
This book provides a concise, authoritative overview of the history and stated purpose of central banks. With critiques of principles and actions that have emerged since the 2008 crash, Ryan-Collins's own and others' proposals offer a solution of how to reform them. In a clear, easy-to-follow structure, it offers historical-normative descriptions of the evolution and role of central banks alongside “myth-busting” chapters explaining the salient critiques of, and proposed alternatives to, principles at the heart of central-bank thinking. Along the way, it covers the major issues preoccupying critical central banking studies and political economics today, including housing inequalities, climate change, digital currencies, and the potential impact of artificial intelligence.
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Table of Contents
2. The Myth of 'Neutral' Money
3. The Myths of 'Political Inflation' and the Trade-off between Employment and Prices
4. The Myth of Efficient Credit Markets and 'Market Neutrality'
5. The Myth of Self-regulation and the Challenge of Environmental Crises
6. Directing Credit: How Central Banks Can Support a Healthier Economy
7. Rethinking Central Banking and Financial Regulation to Support Financial Stability and a Just Transition
8. Digital Money and the Possibilities of Central Bank Digital Currency
9. Conclusion: Rethinking the Central Bank for a World of Polycrisis
Product details
| Published | 07 Jan 2027 |
|---|---|
| Format | Ebook (Epub & Mobi) |
| Edition | 1st |
| Pages | 224 |
| ISBN | 9781350556126 |
| Imprint | Bloomsbury Academic |
| Publisher | Bloomsbury Publishing |
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