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The first Archbishop of Canterbury's Lent Book to be written by the Archbishop Justin Welby himself. In his first full-length book Justin Welby looks at the subject of money and materialism. Designed for study in the weeks of Lent leading up to Easter, Dethroning Mammon reflects on the impact of our own attitudes, and of the pressures that surround us, on how we handle the power of money, called Mammon in this book. Who will be on the throne of our lives? Who will direct our actions and attitudes? Is it Jesus Christ, who brings truth, hope and freedom? Or is it Mammon, so attractive, so clear, but leading us into paths that tangle, trip and deceive? Archbishop Justin explores the tensions that arise in a society dominated by Mammon's modern aliases, economics and finance, and by the pressures of our culture to conform to Mammon's expectations. Following the Gospels towards Easter, this book asks the reader what it means to dethrone Mammon in the values and priorities of our civilisation and in our own existence. In Dethroning Mammon, Archbishop Justin challenges us to use Lent as a time of learning to trust in the abundance and grace of God.
What makes certain types of money better than others? What consequences will you face when strangers suddenly mass produce your money, or when the authorities, whose very job it is to preserve monetary integrity, choose to pursue debasements and tinkering? While little discussed today, these questions address the problems on account of which many cultures and civilizations have collapsed and perished, and despite being neglected, they are no less critical for the present. Money Dethroned is a historical journey following the travels of some of humanity's most renowned explorers, investigating the history and evolution of money through their first-hand accounts. Combining economic theory, it explores the nature of money, its notable characteristics, and how the dynamics which cause its rise and demise have shaped the course of history.
What is the score card for economics at the start of the new millennium? While there are many different schools of economic thought, it is the neo-classical school, with its alleged understanding and simplistic advocacy of the market, that has become equated in the public mind with economics. This book shows that virtually every aspect of conventional neo-classical economics' thinking is intellectually unsound. Steve Keen draws on an impressive array of advanced critical thinking. He constitutes a profound critique of the principle concepts, theories, and methodologies of the mainstream discipline. Keen raises grave doubts about economics' pretensions to established scientific status and its reliability as a guide to understanding the real world of economic life and its policy-making.
In the night Donald Trump was elected the next US president, one of his fellow nationalist populist politicians chose to implement at the stroke of midnight "demonetization" intervention which affected 85% of the money in circulation in India. It was an unprecedented move, whether in India or almost anywhere else, and it is by far Modi's boldest policy intervention to date. In a surprise TV address Narendra Modi, the Indian prime minister, announced that all 500- and 1,000-rupee notes would be withdrawn immediately from circulation. At a stroke Mr Modi rendered 85% of currency worthless outside a bank branch. Old notes would have to be exchanged for limited supplies of new currency. It was justified as a move designed to fight corruption and target people who have been dodging taxes by holding stockpiles of cash, known in India as "black money". This Book gives a complete analysis for Indian Demonitisation Scheme. Many initially saw the withdrawal of banknotes as a price worth paying to eliminate graft. The short-term impact of "demonetisation" has been dramatic: the $2 trillion Indian economy will shrink.While Mr Modi campaigned to end corruption, it would have been better if the government had updated its antiquated tax system to realise such a task. This book analyze and give the road ahead for Indian economy post demonitisation. Book further reviews large surplus liquidity post demonetisation led to a significant improvement in monetary policy transmission as reflected in a significant decline in deposit and lending interest rates.
An examination of the role of the dollar in the global financial system which presents a long-term historical perspective on the international monetary system in this century. The main focus is on the evaluation of the global financial system in the post-war period.