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Rethinking Income and Money: Incorporating Technology into Economic Theory - Couverture rigide

Crocker, Geoff

 
9783031777813: Rethinking Income and Money: Incorporating Technology into Economic Theory

Synopsis

This Palgrave Pivot is immensely relevant to current policy debates on poverty, welfare policy, monetary policy, and the impact of automation. Geoff Crocker offers a radical re-interpretation of economic theory, specifically of income, money, and technology.

The book explores alternative economic paradigms, focusing on the urgent need to get adequate income to all households, whilst reducing national debt. Technology is essential for the understanding of economic outcomes, since consumption, production, employment, distribution, and transactions all shift radically with technological change. Major policy proposals include hybrid welfare schemes with reduced conditionality, an element of universal income, and a proposal for direct money financing of government expenditure, all without stoking inflation.

This book will appeal to economists, policy analysts, economic journalists, and others who are interested in radical restructuring of the economy.

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À propos de l'auteur

Geoff Crocker graduated in economics, followed by a master's degree in the philosophy of science. He worked internationally in industry strategy for more than 25 years. His previous books include A Managerial Philosophy of Technology (Palgrave 2012) and Basic Income and Sovereign Money: The Alternative to Economic Crisis and Austerity Policy (Palgrave 2020).

Les informations fournies dans la section « A propos du livre » peuvent faire référence à une autre édition de ce titre.