LEADER 05630nam 22007335 450 001 9910377830503321 005 20220414213651.0 010 $a3-030-36748-7 024 7 $a10.1007/978-3-030-36748-0 035 $a(CKB)4100000010479871 035 $a(MiAaPQ)EBC6121720 035 $a(DE-He213)978-3-030-36748-0 035 $a(PPN)259460060 035 $a(EXLCZ)994100000010479871 100 $a20200220d2020 u| 0 101 0 $aeng 135 $aurcnu|||||||| 181 $2rdacontent 182 $2rdamedia 183 $2rdacarrier 200 10$aBasic income and sovereign money $ethe alternative to economic crisis and austerity policy /$fby Geoff Crocker 205 $a1st ed. 2020. 210 1$aCham :$cSpringer International Publishing :$cImprint: Palgrave Pivot,$d2020. 215 $a1 online resource (105 pages) $ccolor illustrations 225 1 $aPalgrave pivot 311 $a3-030-36747-9 320 $aIncludes bibliographical references. 327 $aChapter 1 Summary and Core Argument -- Chapter 2 Economic Events, Policies, and Crisis -- Chapter 3 An Alternative Radical Diagnostic -- Chapter 4 Wider Arguments for Basic Income and Sovereign Money -- Chapter 5 Diagnosing The 2007 Economic Crisis -- Chapter 6 Basic Income and Sovereign Money -- Chapter 7 Basic Income and Sovereign Money ? the current literature. 330 $a"This is a radical, thought-provoking book, which brings together debates that are often kept separate about basic income and 'sovereign money'. You might not agree with all of it, but it makes big arguments and does so with constructive intent: that of proposing alternative ways of organising our economy and welfare states." Nick Pearce, Director of The Institute for Policy Research, University of Bath "I welcome this book?s advocacy of a universal basic income. MMT proponents have focused on the problem of employment. Geoff Crocker wants to shift the focus to basic income, and I believe he is right. Employment was the fundamental problem of the 20th century. Income distribution will be the fundamental problem of the 21st century." Thomas Palley, independent economist, Washington, DC "A very stimulating and provoking contribution to the discussion of how to define, identify, and finance basic income." Bernhard Neumärker, Götz Werner Professor of Economic Policy & Constitutional Economic Theory and Head of Freiburg Institute for Basic Income Studies (FRIBIS) at the University of Freiburg The current economic system is dysfunctional, characterised by crises, austerity, excessive household and government debt, low pay, poverty, inequality, and ecological damage. This needs a radical re-think and re-engineering of the economic system. The standard explanation of the 2007 economic crisis is that banks behaved badly and governments failed to regulate. But policies of tighter bank regulation, quantitative easing, and austerity failed, and proved counter-productive. This book challenges this orthodox view. From a careful analysis of long-term economic data, it shows that earned income has inexorably fallen behind economic output, leading to huge increases in consumer debt, causing the crisis. Governments have sought to curtail deficit spending by socially harmful austerity policy. The answer is a universal basic income, funded by debt-free sovereign money, which also funds government social expenditure, always limited by economic output to avoid inflation. This book will appeal to policy makers, academic economists, think tank networks, and everyone who is concerned with the ongoing dysfunctionality of the current economic system. Geoff Crocker edits Basic Income Forum. He read economics and worked internationally in technology strategy consulting. He researches how technology causes fundamental change in the economy, principally in reducing effective aggregate demand. His work is set out in A Managerial Philosophy of Technology (Palgrave, 2012) and at www.ubi.org. 410 0$aPalgrave pivot. 606 $aPublic policy 606 $aPolitical economy 606 $aPolitical theory 606 $aFinancial crises 606 $aEconomic policy 606 $aPublic administration 606 $aPublic Policy$3https://scigraph.springernature.com/ontologies/product-market-codes/911060 606 $aInternational Political Economy$3https://scigraph.springernature.com/ontologies/product-market-codes/912140 606 $aPolitical Theory$3https://scigraph.springernature.com/ontologies/product-market-codes/911010 606 $aFinancial Crises$3https://scigraph.springernature.com/ontologies/product-market-codes/617010 606 $aEconomic Policy$3https://scigraph.springernature.com/ontologies/product-market-codes/W34010 606 $aPublic Administration$3https://scigraph.springernature.com/ontologies/product-market-codes/W34030 615 0$aPublic policy. 615 0$aPolitical economy. 615 0$aPolitical theory. 615 0$aFinancial crises. 615 0$aEconomic policy. 615 0$aPublic administration. 615 14$aPublic Policy. 615 24$aInternational Political Economy. 615 24$aPolitical Theory. 615 24$aFinancial Crises. 615 24$aEconomic Policy. 615 24$aPublic Administration. 676 $a320.6 676 $a331.23 700 $aCrocker$b Geoff$4aut$4http://id.loc.gov/vocabulary/relators/aut$0975132 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910377830503321 996 $aBasic Income and Sovereign Money$92220306 997 $aUNINA