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The Magic Money Tree And Other Economic Tales Lorenzo Forni

  • SKU: BELL-49484130
The Magic Money Tree And Other Economic Tales Lorenzo Forni
$ 31.00 $ 45.00 (-31%)

4.4

72 reviews

The Magic Money Tree And Other Economic Tales Lorenzo Forni instant download after payment.

Publisher: Agenda Publishing
File Extension: PDF
File size: 1.32 MB
Pages: 184
Author: Lorenzo Forni
ISBN: 9781788213646, 1788213645
Language: English
Year: 2021

Product desciption

The Magic Money Tree And Other Economic Tales Lorenzo Forni by Lorenzo Forni 9781788213646, 1788213645 instant download after payment.

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.

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