The Gods that Failed
Rethinking Central Banking and Macrofinancial Policy for the Age of Polycrisis
$45.04
- Paperback
296 pages
- Release Date
4 February 2027
Summary
Independent, inflation-targeting central banks were supposed to deliver stable prices, financial stability and lasting prosperity. Instead, they have presided over financial crises, stagnant growth, rising inequality and the return of inflation. Yet policy makers and politicians have proved remarkably reluctant to challenge the orthodoxy. Why has this model proved so resilient—and what should replace it?
In The Gods That Failed, economist Josh Ryan-Collins ar…
Book Details
| ISBN-13: | 9781350556102 |
|---|---|
| ISBN-10: | 1350556106 |
| Author: | Josh Ryan-Collins |
| Publisher: | Bloomsbury Publishing PLC |
| Imprint: | Bloomsbury Academic |
| Format: | Paperback |
| Number of Pages: | 296 |
| Release Date: | 4 February 2027 |
| Weight: | 503g |
| Dimensions: | 156mm x 234mm |
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Critics Review
This illuminating book debunks myths about what financial markets and central banks really do. A must-read for anyone ready to move beyond preconceptions and abstractions, and focus on how money and finance shape today’s societies. * Eric Monnet, Professor of Economic History, Paris School of Economics and EHESS. *
A vital book for anyone who understands that finance must be shaped, not merely regulated. * Mariana Mazzucato, Professor at University College London and author of The Common Good Economy: a new compass *
If you want to understand what makes central banks tick, look no further. In clear and accessible language, Josh Ryan-Collins explores five myths that frame monetary policy and how they shape the economy today - with alternatives. Essential reading! * Dirk Bezemer, Professor at the Faculty of Economics and Business, University of Groningen *
A patient, thorough and impressive attack on the neoclassical and ‘New Keynesian’ doctrines that have dominated central bank thought for decades, with results ranging from disappointment to disaster. * James K. Galbraith, author of The Power to Destroy: How Bad Economics Drove America’s *
This book is an essential and illuminating read for all students and professors of economics; for mainstream and heterodox economists alike. Ryan Collins writes with the clarity of one both steeped in, and at ease with the full spectrum of economic thinking. * Ann Pettifor, Director of Policy Research in Macroeconomics *
Josh Ryan-Collins
Josh Ryan-Collins is Professor in Economics and Finance at the Institute of Innovation and Public Purpose (IIPP), University College London, UK.
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