{"product_id":"paper-promises-debt-money-and-the-new-world-order-paperback","title":"Paper Promises: Debt, Money, and the New World Order - Paperback","description":"\u003cp\u003eby \u003cb\u003ePhilip Coggan\u003c\/b\u003e (Author)\u003c\/p\u003e\u003cp\u003e\u003cb\u003eWinner of the \u003ci\u003eSpear's\u003c\/i\u003e Best Business Book Award\u003c\/b\u003e \u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e\u003cb\u003eLonglisted for the 2012 \u003ci\u003eFinancial Times\u003c\/i\u003e and Goldman Sachs Business Book of the Year Award\u003c\/b\u003e \u003cp\u003e\u003c\/p\u003e For 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 time-worn 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 today's 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. \u003cp\u003e\u003c\/p\u003e In \u003ci\u003ePaper Promises\u003c\/i\u003e, 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.\u003ch3\u003eAuthor Biography\u003c\/h3\u003e\u003cp\u003e\u003cb\u003ePhilip Coggan\u003c\/b\u003e writes the Bartleby column for the \u003ci\u003eEconomist\u003c\/i\u003e and is the former writer of the Buttonwood column. Previously, he worked for the \u003ci\u003eFinancial Times\u003c\/i\u003e for twenty years. In 2009, he was voted Senior Financial Journalist of the Year in the Wincott awards and best communicator in the Business Journalist of the Year Awards. Among his books are \u003ci\u003eThe Money Machine, The Economist Guide to Hedge Funds\u003c\/i\u003e, and \u003ci\u003ePaper Promises\u003c\/i\u003e.\u003c\/p\u003e\u003cdiv\u003e\n\u003cstrong\u003eNumber of Pages:\u003c\/strong\u003e 320\u003c\/div\u003e\u003cdiv\u003e\n\u003cstrong\u003eDimensions:\u003c\/strong\u003e 1 x 8.2 x 5.4 IN\u003c\/div\u003e\u003cdiv\u003e\n\u003cstrong\u003eIllustrated:\u003c\/strong\u003e Yes\u003c\/div\u003e\u003cdiv\u003e\n\u003cstrong\u003ePublication Date:\u003c\/strong\u003e March 05, 2013\u003c\/div\u003e","brand":"Books by splitShops","offers":[{"title":"Default Title","offer_id":51799708565792,"sku":"9781610392297","price":21.99,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0974\/9764\/5344\/files\/0d503f7c2856cc9b0f192ce6509c2cfd.webp?v=1780820624","url":"https:\/\/ebocreations.com\/products\/paper-promises-debt-money-and-the-new-world-order-paperback","provider":"The E-Book Oasis LLC","version":"1.0","type":"link"}