The Production of Money: How to Break the Power of Bankers

By Ann Pettifor

What is money, where does it come from, and who controls it?

In this accessible, brilliantly argued book, leading political economist Ann Pettifor explains in straightforward terms history’s most misunderstood invention: the money system. Pettifor argues that democracies can, and indeed must, reclaim control over money production and restrain the out-of-control finance sector so that it serves the interests of society, as well as the needs of the ecosystem.

The Production of Money examines and assesses popular alternative debates on, and innovations in, money, such as “green QE” and “helicopter money.” She sets out the possibility of linking the money in our pockets (or on our smartphones) to the improvements we want to see in the world around us.

• Language: English
• Publisher: Random House Publishing Group
• Release date: Mar 28, 2017
• ISBN: 9781786631374

Ann Pettifor

Ann Pettifor is a political economist with a focus on finance and sovereign debt. She is director of Prime: Policy Research in Macroeconomics, an Honorary Research Fellow at City University, a fellow of the New Economics Foundation, and has an honorary doctorate from Newcastle University. She is known for her leadership of a campaign that resulted in massive debt cancellation for more than 30 countries - Jubilee 2000. She has served on the board of the UN Development Report and in 2015 was invited onto the economic advisory board by the British Labour Party leader, Jeremy Corbyn. She is the author of 'The Real World Economic Outlook', and 'The Coming First World Debt Crisis', and co-authored The Green New Deal and The Economic Consequences of Mr. Osborne.