Title
Paper Promises: Debt, Money, and the New World Order,Used
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Winner of the Spears Best Business Book AwardLonglisted for the 2012 Financial Times and Goldman Sachs Business Book of the Year AwardFor the past forty years western economies have splurged on debt. Now, as the reality dawns that many debts cannot be repaid, we find ourselves again in crisis. But the oncoming defaults have a timeworn place in our economic history. As with the crises in the 1930s and 1970s, governments will fall, currencies will lose their value, and new systems will emerge. Just as Britain set the terms of the international system in the nineteenth century, and America in the twentieth century, a new system will be set by todays creditors in China and the Middle East. In the process, rich will be pitted against poor, young against old, public sector workers against taxpayers and one country against another.In Paper Promises, Economist columnist Philip Coggan helps us to understand the origins of this mess and how it will affect the new global economy by explaining how our attitudes towards debt have changed throughout history, and how they may be about to change again.
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- Q: How many pages are in 'Paper Promises'? A: This book has three hundred four pages. It provides a comprehensive exploration of debt and its impact on economies.
- Q: What is the binding type of 'Paper Promises'? A: The book is available in hardcover. This binding offers durability and a premium feel.
- Q: What are the dimensions of 'Paper Promises'? A: The book measures six point twenty-six inches in length, one point twenty-six inches in width, and nine point zero two inches in height. These dimensions make it a standard-sized hardcover book.
- Q: How should I read 'Paper Promises'? A: You can read this book at your own pace, but it is suitable for adults interested in economics. It provides insights into debt and global economic conditions.
- Q: Is 'Paper Promises' suitable for beginners in economics? A: Yes, it is suitable for beginners. The author explains complex economic concepts in an accessible manner.
- Q: What age group is 'Paper Promises' appropriate for? A: This book is appropriate for adults and mature teens. It discusses economic crises and debt, which may not be suitable for younger audiences.
- Q: How should I care for my copy of 'Paper Promises'? A: Keep it in a dry place and avoid exposing it to direct sunlight. This will help maintain the book's condition over time.
- Q: Can I store 'Paper Promises' on a bookshelf? A: Yes, you can store it on a bookshelf. Ensure it is upright to prevent bending or damage to the spine.
- Q: Is there any specific cleaning needed for 'Paper Promises'? A: No specific cleaning is required. However, avoid spills and handle it with clean hands to maintain its condition.
- Q: What if 'Paper Promises' arrives damaged? A: You should contact the seller for a return policy. Most retailers offer options for returning or exchanging damaged items.
- Q: Can I return 'Paper Promises' if I change my mind? A: Yes, generally you can return it. Check the specific return policy of the retailer for details.
- Q: Is there a warranty on 'Paper Promises'? A: Typically, books do not come with a warranty. However, you can refer to the retailer's policies for more information.
- Q: How does 'Paper Promises' compare to other economic books? A: It offers a unique perspective on debt crises, similar to works by authors like Thomas Piketty and Paul Krugman.
- Q: Is 'Paper Promises' a good choice for someone studying economics? A: Yes, it is an excellent choice. The book provides historical context and analysis that is beneficial for students.
- Q: What themes are explored in 'Paper Promises'? A: The book explores themes such as debt, economic systems, and the impact of financial crises on society.