No Way to Run an Economy by Graham Turner

No Way to Run an Economy by Graham Turner

In The Credit Crunch, Graham Turner predicted that banks would be nationalised and interest rates would be reduced too slowly to halt the crisis. His predictions were correct. His new book, No Way to Run an Economy, is the essential guide to the turbulent times ahead. Turner recommended radical measures, such as quantitative easing, in early 2008 but argues that action has been taken too late and been too timid to make a real difference. He dissects the policy mistakes of the last 12 months including Obama's doomed market-led response to the crisis and the obsession of central banks with the red herring of inflation. There is no doubt the economy is still in serious trouble, but Turner shows that learning from the mistakes made so far can prevent a situation worse than that of the 1930s crisis.

'Turner argues that we urgently need a thorough rethink of the shareholder model that blindly chases short-term profit and denies a voice to workers - and, indeed, to small investors' -- New Statesman

Graham Turner is the founder of GFC Economics an independent economic consultancy which provides forecasting services for some of the world's largest banks. He has worked in the financial sector for over 20 years and is the author of The Credit Crunch (Pluto, 2008) and No Way to Run an Economy (Pluto, 2009).

SKU	Non disponible
ISBN 13	9780745329765
ISBN 10	0745329764
Titre	No Way to Run an Economy
Auteur	Graham Turner
État	Non disponible
Type de reliure	Paperback
Éditeur	Pluto Press
Année de publication	2009-09-07
Nombre de pages	240
Note de couverture	La photo du livre est présentée à titre d'illustration uniquement. La reliure, la couverture ou l'édition réelle peuvent varier.
Note	Non disponible