Explore the thought-provoking book, 'Should We Abolish Household Debts?' by Johnna Montgomerie, which delves deep into the consequences of the credit culture we live in today. As wages stagnate, more households find themselves trapped in a cycle of debt that is difficult to escape. In this insightful book, Montgomerie presents a compelling argument for abolishing household debts, contending that it is a vital step toward ending austerity and addressing the rampant inequality plaguing our society.

With well-researched economic analysis, Montgomerie offers accessible policy solutions that could reshape the future of household finance. Discover unconventional monetary policies that target the household sector, innovative refinancing options, and strategies for wiping out the most damaging forms of household debt. This engaging read not only highlights the personal impact of debt but also presents a path to a fairer economy, where individuals and families can thrive without the burden of financial distress.

If you’re curious about how to combat the negative effects of consumer debt and seek solutions to the housing crisis, this book is for you. Join the discussion around the viability of abolishing household debts and the transformative effects it could have on communities. Equip yourself with knowledge and insights that challenge the prevalent debt-driven growth model.

Condition: BRAND NEW
ISBN: 9781509525409
Year: 2019
Publisher: John Wiley & Sons (UK)
Pages: 140

Note: Shipping for this item is free. Please allow up to 6 weeks for delivery. Once your order is placed, it cannot be cancelled.

Note: Shipping for this item is free. Please allow up to 6 weeks for delivery. Once your order is placed, it cannot be cancelled.

Condition: BRAND NEW
ISBN: 9781509525409
Year: 2019
Publisher: John Wiley & Sons (UK)
Pages: 140


Description:


We live in a culture of credit. As wages have stagnated, we™ve seen a dramatic surge in private borrowing across the western world; increasing numbers of households are sucked into a hopeless vortex of spiralling debt, fuelled by exploitative lending.


In this book Johnna Montgomerie argues that the situation is chronically dysfunctional, both individually and collectively. She shows that abolishing household debts can put an end to austerity and to the unsustainable forward march of debt-dependent growth. She combines astute economic analysis with the elements of an accessible guide to practical policy solutions such as extending unconventional monetary policy to the household sector, providing pragmatic and affordable refinancing options, and writing off the most pernicious elements of household debt. This framework, she contends, can help us to make our economy fairer and to tackle both the housing crisis and accelerating inequality.