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Where Does Money Come From?: A Guide to the UK Monetary & Banking System - Hardcover

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Where Does Money Come From? reveals how, contrary to public perception, the bulk of today's money supply is created and allocated by commercial banks in their role as providers of credit. The authors argue that this system is inherently unstable, with little effective regulation of how much credit is provided or whether it is used for productive or speculative purposes. Based on detailed research and consultation with experts, including...

About the Author

JOSH RYAN-COLLINS is a Senior Researcher at nef (the new economics foundation) where he is leading a programme of research on the history and practice of monetary systems. He is studying for a PhD in finance at the University of Southampton. TONY GREENHAM is Head of Finance and Business at nef. He is a former investment banker, a Chartered Accountant and regular writer and media commentator on...

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  • PublisherNew Economics Foundation
  • Publication date2014
  • ISBN 10 1908506547
  • ISBN 13 9781908506542
  • BindingHardcover
  • LanguageEnglish
  • Edition number2
  • Number of pages186
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    • 4.40 out of 5 stars
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