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The Money Trap: Escapi...
 
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Robert Pringle
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The Money Trap: Escaping the Grip of Global Finance

liked it 3.0  ·  Rating Details ·  1 Rating  ·  1 Review
Why have the efforts of governments and central banks to revive economic growth and solve the problems left by the global financial crisis met with such limited success? Why have markets been periodically paralysed by fear and uncertainty?

This book argues that governments have been using the wrong policy weapons. They have relied on the traditional tools of low interest r
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Paperback, 360 pages
Published November 5th 2013 by Palgrave Macmillan (first published January 1st 2012)
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By Robert Cole

When it comes to describing what went wrong, Robert Pringle’s new book, “The Money Trap”, is hard to fault. The editor of the trade journal Central Banking is also right that finance needs reform so it can better serve people, rather than financiers. Pringle deserves praise for offering an alternative financial architecture. But his bold prescription, though intriguing, is imperfect and unrealistic.

“The Money Trap” clearly and comprehensively charts the development and operation of
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