The Magic Money Tree and Other Economic Tales
eBook - ePub

The Magic Money Tree and Other Economic Tales

  1. English
  2. ePUB (mobile friendly)
  3. Available on iOS & Android
eBook - ePub

The Magic Money Tree and Other Economic Tales

Book details
Table of contents
Citations

About This Book

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.

Frequently asked questions

Simply head over to the account section in settings and click on “Cancel Subscription” - it’s as simple as that. After you cancel, your membership will stay active for the remainder of the time you’ve paid for. Learn more here.
At the moment all of our mobile-responsive ePub books are available to download via the app. Most of our PDFs are also available to download and we're working on making the final remaining ones downloadable now. Learn more here.
Both plans give you full access to the library and all of Perlego’s features. The only differences are the price and subscription period: With the annual plan you’ll save around 30% compared to 12 months on the monthly plan.
We are an online textbook subscription service, where you can get access to an entire online library for less than the price of a single book per month. With over 1 million books across 1000+ topics, we’ve got you covered! Learn more here.
Look out for the read-aloud symbol on your next book to see if you can listen to it. The read-aloud tool reads text aloud for you, highlighting the text as it is being read. You can pause it, speed it up and slow it down. Learn more here.
Yes, you can access The Magic Money Tree and Other Economic Tales by Lorenzo Forni in PDF and/or ePUB format, as well as other popular books in Economics & Economic Policy. We have over one million books available in our catalogue for you to explore.

Information

Publisher
Agenda Publishing
Year
2021
ISBN
9781788213677
Topic
Economics
Subtopic
Economic Policy
Index
Economics

Table of contents

  1. Cover
  2. Title Page
  3. Copyright Page
  4. Contents
  5. Acknowledgements
  6. Introduction: pandemic economics
  7. 1. The clash between politicians and economists
  8. 2. The magic potion of credit
  9. 3. The multiplication of loaves and fishes
  10. 4. Something for nothing?
  11. 5. Are the advanced economies different?
  12. 6. Italy: the sick man of Europe
  13. Epilogue: economists and the magic money tree
  14. Appendix: budget constraints
  15. References
  16. Index