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Money for Beginners
An Illustrated Guide
L. Randall Wray (Author), Heske van Doornen (Illustrated by)
9781509554607, Polity Press
Hardback, published 24 March 2023
144 pages
21.3 x 14.5 x 1.5 cm, 0.272 kg
“BRILLIANT!! Tally-ho!”
James K. Galbraith, The University of Texas at Austin
“This short illustrated book contains more wisdom on money than all the textbooks in the world.”
Steve Keen, author of The New Economics: A Manifesto
“Economics can be intimidating, but this book provides an excellent introduction for high school students.”
Rose Rodriguez, retired teacher, Modesto School District
Money is mysterious. We love it, we hate it, but few people can tell you what the heck it really is. Wouldn't it be good to get out of the fog? This book will help you understand both the way money works and how to leverage its power. The authors take you on an illuminating journey from your piggy bank to the Federal Reserve with no pesky jargon or complex math. Once you see money clearly, life will never be the same. You'll know what really goes on in banks and what the cash in your wallet represents. You'll know how government really spends and why it can’t run out of money. You'll know what money can actually do — and how we can make it work for us.
Introduction Chapter 1. Money: An Introduction Chapter 2. Money: An Origins Story Chapter 3. Money: The Story of Redemption Chapter 4. Currency: The Government’s Money Chapter 5. Can Government Run Out of Currency? Chapter 6. Anyone Can Create Money? Chapter 7. Private Bank Money Chapter 8. The Central Bank’s Money: Lender of Last Resort Chapter 9. Central Bank Money: Government Finance Chapter 10. Government’s Debt is Our Asset Chapter 11. Money as Scorekeeping Chapter 12. Rise of the Winners-Take-All Economy Chapter 13. The Way Forward: We Take Care of our Own
Subject Areas: Economics [KC]
