A lapsed economist debunks the most common myths about how our economy operates – and explains how the world really works
Did you know that while we think of money as notes and coins printed by the government, the truth is that the overwhelming majority of money today is credit created by private banks?
Did you know that the reason housing keeps getting less accessible is because we haven't found a way to separate houses from land in our policies?
And did you know that far from globalisation being a mystical force, certain countries and currencies have dominated the way it has played out – to their own advantage? (OK, most people know this one.)
Whilst economics is at the heart of the society we live in, few people feel they have enough of a grasp on the subject. Unfortunately, as Cahal Moran explains, trained economists often come up short too. This is because economics as a field has become filled with jargon and complexity, becoming inaccessible to those of us without academic training. Why We're Getting Poorer will delve into the key topics in the discipline – money, globalisation, inequality, climate change, and growth – to demonstrate why what we think we know about these things is wrong, and will teach us what we really need to know about them.
Authored by an award-winning economist and the YouTuber responsible for ‘Unlearning Economics', Why We're Getting Poorer is a thrilling and iconoclastic guide to how the world really works.
