Twilight Of The Money Gods: Economics As A Religion And How It All Went Wrong

John Rapley

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A comprehensive examination of the continually changing world of money, economic theory, and how we got things so wrong in the run-up the 2007 recession—and how we can rebuild confidence for our financial future. Imagine one day you went to a cash machine and found your money was gone. You rushed to your bank branch, where a teller said that overnight people had stopped believing in money, and it all vanished.

Seem incredible? It happened, and it could happen again. Twilight of the Money Gods is the story of economics, told not as the science it strove to be, but as the religion it became. Over two centuries, it searched for the hidden codes which would reveal the path to a promised land of material abundance.

While its prophets—from Adam Smith to John Maynard Keynes and Milton Friedman—concerned themselves with the human condition, its priesthood gradually grew remote from its followers, until it lost sight of their tribulations. Today, amid a crisis of faith in their expertise, we must re-imagine the topic of economics for a new era—one filled with both danger and opportunity.

What will you learn from this book

  1. Economics as a Belief System: The book likely explores the idea of economics as a belief system or religion, examining the power and influence it holds in shaping policies and perspectives.

  2. Critique of Economic Dogma: A critical examination of traditional economic dogmas and theories that have influenced policy-making and societal structures.

  3. Historical Context: Providing historical context to the evolution of economic thinking and its consequences on various societies.

  4. Impact on Inequality: Discussing how economic theories and policies may have contributed to increasing income inequality and social disparities.

  5. Globalization Critique: Examining the impact of globalization from an economic perspective and its effects on different nations and cultures.

  6. Role of Money: Analyzing the role of money in the economic system and how it has been both a driving force and a source of societal challenges.

  7. Financialization of Economy: The book may explore the phenomenon of financialization, where financial markets play an increasingly dominant role in the economy.

  8. Environmental Considerations: Considering how economic policies and practices have influenced environmental issues and sustainability challenges.

  9. Crisis and Instability: Discussing economic crises and the inherent instability in the global economic system.

  10. Alternative Approaches: Exploring alternative economic approaches or paradigms that might offer a different perspective on societal well-being and progress.

Language English
ISBN-10 9781471152757
ISBN-13 9781471152757
No of pages 480
Font Size Medium
Book Publisher Simon & Schuster
Published Date 21 Aug 2018

About Author

Author : John Rapley

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