Coppola, Frances
The Case For People's Quantitative Easing (The Case For)
- ISBN 13:
- 9781509531301
- author:
- Coppola, Frances
- format:
- Paperback / softback
- publisher:
- Polity Press
- language:
- English
- Publication Year:
- 2019
- Pages:
- 140
- Dimensions:
- 19.1 x 12.5 x 1.3 centimetres (0
- Genre:
- Business, Economics, Macroeconomics,
- Condition:
- New
- Availability:
- Item usually sent within 10 working days
Description
The Case For People's Quantitative Easing by Frances Coppola In the aftermath of the 2008 financial crisis, central banks created vast amounts of new money to stimulate economic growth. However, instead of benefiting ordinary people and small businesses, this 'Quantitative Easing' (QE) primarily went to wealthy individuals and large corporations - those same institutions whose reckless lending had contributed to the crisis. This led to a decade of stagnation rather than recovery. Frances Coppola argues that a more equitable approach is needed, one where the money directly benefits ordinary people and small businesses. She makes the case for a 'people's QE', which could help restore crisis-hit economies and address long-term challenges such as ageing populations, automation, and climate change. Coppola presents a compelling argument for a more inclusive economic stimulus, one that prioritises the needs of everyday people over those of the wealthy elite.
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