Paper Promises. Debt, Money, and the New World Order. by Philip Coggan. Longlisted for the Financial Times and Goldman Sachs Business Book of the. Paper Promises is a shining must-read amongst the vast literature Philip Coggan’s thesis is that one can view economic history as a. Paper Promises has ratings and 38 reviews. Abi said: On all Paper Promises () by Phillip Coggan is a masterful study of money and debt. Coggan.
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Times change, but not so very much. You should not overlook such stealth taxation. Barclays in the Age of the Very Free Market.
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Whatever Happened to the Music Teacher? Definitely a recommended read for anyone interested in politics and economics. By Robert Cole Do you want to know how global cohgan system came to be and what it has become?
Nov 27, Breakingviews rated it liked it. The Retreat of Western Liberalism. I’m not sure his running theme of bimetallism is worth the emphasis but, that linking-device apart, the historical sections are first-rate. He spends time showing how each new paradigm affected the perennial conflict between debtors and creditors as well as the ever increasing clout of the US.
The book uses a meta-narrative structure which, although today out of favour in economic history faculties because lacking that element of refutability, when carefully constructed, can be useful in providing historical perspective to the practical policy maker.
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Our present mess has a long and complex history. The book explains how that belief system has buttressed our confidence in paper money — but is unlikely to do so for much longer. Recommend to everyone and if I could I’d give 6 stars! Truly a fascinating book, about the different stages of the world monetary systems briefly from bartering, gold standard, Breton woods and now floating exchange rates. To get the free app, enter your mobile phone number.
A Challenge to Mainstream Economics. A lucid, even-handed and very timely exposition of the nature of money and credit. Coggan briskly punctures what a predecessor called the “myth of lost economic virtue”, the idea that in a golden past books were always balanced and nobody — individuals, families or nations — spent a penny more than they legitimately earned.
Another book on economics in general and debt in particular. Books by Philip Coggan. Sep 22, Pete rated it it was amazing Shelves: The book is at once informative and detailed, without being patronising, or requiring the reader to be overly knowledgeable on its subject matter in advance.
One is hardly left wanting for more, as most questions one is left asking after the events of recent years receive explanation.
Promisds Wall Street Revolt. Chi ama i libri sceglie Kobo e inMondadori. The author predicts–hope Money–paper money–functions as a medium of exchange and a store of value.
The Bank That Lived a Little: Pages with related products. To accept cookies, click continue. I thought this is just another of the those post subprime books, but it is worth a read irrespective of the clggan trash one has read before.
One of the best books I’ve read in a while. You can remove the unavailable item s now or we’ll automatically remove it at Checkout.
Paper Promises: Debt, Money, and the New World Order by Philip Coggan
Paper Promises, by journalist Philip Coggan, is a good place to look for answers to those questions. Aug 30, Tony rated it really liked it Shelves: Rather than just been a simple chronological sweep of finance, phenomena such as bubbles, inflation, and monetary practices such as quantitative easing are all explained.
Trivia About Paper Promises: Key events for the author are the rise and fall of the gold standard coggzn of Bretton Woods, and finally the current system.
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He shows how money has turned from something mined and solid to metaphysical magic and numbers on a screen. How wonderful then that a reporter of that magazine Mr Phillip Coggan previously, among other things, also at FT, writing the Long view has written a book on one of the most relevant subjects today, covgan. Think Like a Freak.
He calls it the wars between creditors and debtors. The Death of Expertise. Nov 20, Michael Joseph Brown rated it it was amazing Shelves: Quotes from Paper Promises: Meanwhile, individual borrowers dominate the political cooggan in many democratic countries, which has caused public and private sector debt to explode with very few options for balancing the books that are politically palatable. Reading this book gives several arguments to both sides of the debate but also a lot of critique, which I appreciate.
This books covers loads of financial stories and the credit crunch with reasons why it happened and not just cuz bankers are wankers cuz we all over borrowed and trusted that housing is a says market, even tho fucking Adam smith said that’s false growth some years ago. But where has this debt come from?
Many of you who read this are probably avid readers of The Economist.