Should We Abolish Household Debts?

Johnna Montgomerie

$72.95

Hardback

Not in-store but you can order this
How long will it take?

Availability Information

We source books from suppliers in Australia and overseas. For books we don't currently have in stock, the time it takes to get them from our suppliers can vary widely - from a few days to a few months - so we check each book with each supplier to determine the expected time it will take to be supplied to us.

We then advise you accordingly. If the time taken to get any book is too long for you, you can let us know and we will cancel or adjust your order, and refund as required.

To find out the anticipated arrival time for specific items prior to ordering, please contact us by phone or email:

Phone +61 2 9264 3111, or 1800 4 BOOKS (1800 4 26657) if outside Sydney:
option 1 Abbey's Bookshop (Crime, History, Science, Kids & more) • info@abbeys.com.au
option 2 Language Book Centre (ESL & Foreign Languages) • language@abbeys.com.au
option 3 Galaxy Bookshop (Sci-fi, Fantasy, Romance, Graphic Novels) • sf@galaxybooks.com.au

QTY:

English

Polity Press
22 March 2019

Microeconomics; Political economy; Credit & credit institutions

We live in a culture of credit. As wages have stagnated, we’ve seen a dramatic surge in private borrowing across the western world; increasing numbers of households are sucked into a hopeless vortex of spiralling debt, fuelled by exploitative lending.

In this book Johnna Montgomerie argues that the situation is chronically dysfunctional, both individually and collectively. She shows that abolishing household debts can put an end to austerity and to the unsustainable forward march of debt-dependent growth. She combines astute economic analysis with the elements of an accessible guide to practical policy solutions such as extending unconventional monetary policy to the household sector, providing pragmatic and affordable refinancing options, and writing off the most pernicious elements of household debt. This framework, she contends, can help us to make our economy fairer and to tackle both the housing crisis and accelerating inequality.

By: Johnna Montgomerie
Imprint: Polity Press
Country of Publication: United Kingdom
Dimensions: Height: 191mm, Width: 130mm, Spine: 18mm
Weight: 227g
ISBN: 9781509525393
ISBN 10: 1509525394
Pages: 140
Publication Date: 22 March 2019
Audience: General/trade , ELT Advanced
Format: Hardback
Publisher's Status: Active

Dr. Johnna Montgomerie is a Reader in International Political Economy at King's College London.

Reviews for Should We Abolish Household Debts?

`Abolishing household debt is heresy to the politicians who brought us bank bailouts and austerity. Johnna Montgomerie explains why so many families in Britain are dependent on borrowing and offers concrete proposals for ending the debt-fuelled growth.' Paul Mason, journalist and author `In this book, Johnna Montgomerie demonstrates that an apparently radical idea, abolishing household debt, is just common sense. Buy it, read it, tell others to do the same.' John Weeks, Coordinator of the Progressive Economy Forum It is not often that I read a non-fiction book that is an easy read, explains complex economic concepts with metaphors that are simple enough to understand, and make perfect sense. Should we abolish household debts? by Johnna Montgomerie is such a book. Financial Times Concise, informative. Morning Star