Between debt and the devil : (Record no. 3427)

MARC details
000 -LEADER
fixed length control field 02645cam a2200325 i 4500
008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION
fixed length control field 150810s2016 njua b 001 0 eng
020 ## - INTERNATIONAL STANDARD BOOK NUMBER
ISBN 9780691169644 (hardback : alk. paper)
020 ## - INTERNATIONAL STANDARD BOOK NUMBER
ISBN 0691169640 (hardback : alk. paper)
100 1# - MAIN ENTRY--AUTHOR
Author Turner, Adair,
245 10 - TITLE STATEMENT
Title Between debt and the devil :
Remainder of title money, credit, and fixing global finance /
Statement of responsibility, etc Adair Turner.
260 ## - PUBLICATION, DISTRIBUTION, ETC. (IMPRINT)
Place of publication New Jersey
Name of publisher Princeton
Date of publication 2016
300 ## - COLLATION
Pagination xiv, 302 pages :
Other physical details illusrations ;
520 ## - SUMMARY, ETC.
Summary, etc "Adair Turner became chairman of Britain's Financial Services Authority just as the global financial crisis struck in 2008, and he played a leading role in redesigning global financial regulation. In this eye-opening book, he sets the record straight about what really caused the crisis. It didn't happen because banks are too big to fail--our addiction to private debt is to blame. Between Debt and the Devil challenges the belief that we need credit growth to fuel economic growth, and that rising debt is okay as long as inflation remains low. In fact, most credit is not needed for economic growth--but it drives real estate booms and busts and leads to financial crisis and depression. Turner explains why public policy needs to manage the growth and allocation of credit creation, and why debt needs to be taxed as a form of economic pollution. Banks need far more capital, real estate lending must be restricted, and we need to tackle inequality and mitigate the relentless rise of real estate prices. Turner also debunks the big myth about fiat money--the erroneous notion that printing money will lead to harmful inflation. To escape the mess created by past policy errors, we sometimes need to monetize government debt and finance fiscal deficits with central-bank money. Between Debt and the Devil shows why we need to reject the assumption that private credit is essential to growth and fiat money is inevitably dangerous. Each has its advantages, and each creates risks that public policy must consciously balance. "--
650 #0 - TRACINGS
Main Subject International finance.
650 #0 - TRACINGS
Main Subject Finance.
650 #0 - TRACINGS
Main Subject Financial institutions.
650 #0 - TRACINGS
Main Subject Credit.
650 #0 - TRACINGS
Main Subject Financial crises.
650 #0 - TRACINGS
Main Subject Monetary policy.
650 #0 - TRACINGS
Main Subject Economic policy.
650 #7 - TRACINGS
Main Subject BUSINESS & ECONOMICS / Money & Monetary Policy.
650 #7 - TRACINGS
Main Subject BUSINESS & ECONOMICS / Public Finance.
650 #7 - TRACINGS
Main Subject BUSINESS & ECONOMICS / Economic Conditions.
650 #7 - TRACINGS
Main Subject BUSINESS & ECONOMICS / Government & Business.
650 #7 - TRACINGS
Main Subject BUSINESS & ECONOMICS / Economics / General.
650 #7 - TRACINGS
Main Subject BUSINESS & ECONOMICS / Finance.
942 ## - ADDED ENTRY ELEMENTS (KOHA)
Item type Books
050 00 - LIBRARY OF CONGRESS CALL NUMBER
Classification number HG3881
Item number .T88 2016
082 00 - DEWEY DECIMAL CLASSIFICATION NUMBER
Classification number 332/.042
Holdings
Source of classification or shelving scheme Not for loan Permanent location Current location Date acquired Accession No. Full call number Barcode. Koha item type
Library of Congress Classification   Samuel Ogbemudia Main Library, University of Abuja Samuel Ogbemudia Main Library, University of Abuja 05/13/2025 2024/64231 HG3881.T88 2025-1893 Books