Published
Oct 21, 2024Page count
236 pagesISBN
978-1529226379Dimensions
234 x 156 mmImprint
Bristol University PressPublished
Oct 21, 2024Page count
236 pagesISBN
978-1529226362Dimensions
234 x 156 mmImprint
Bristol University PressPublished
Oct 21, 2024Page count
236 pagesISBN
978-1529226386Dimensions
234 x 156 mmImprint
Bristol University PressPublished
Oct 21, 2024Page count
236 pagesISBN
978-1529226386Dimensions
234 x 156 mmImprint
Bristol University Press
Extinction Equilibrium
Generation Z has grown up with a global financial crisis, a pandemic, the climate emergency, growing autocracy and wars. Survival, not just equity, is at stake.
As debate rages about how to ensure a fairer and sustainable society, this book challenges short-sighted economic policies, asking where we want to be in 20 years’ time and how we might get there.
Offering fresh, and sometimes counterintuitive, thinking on a range of economic issues including monetary policy, housing and university funding, it argues in favour of policy guardrails to protect the future, higher interest rates, and a burst of inflation. Robots and AI should be seen as positive replacements for population growth.
This is an original, readable and entertaining take on how we can change course before it is too late.
“Extinction Equilibrium makes an engaging case for economics being a form of story-telling and provides a coherent examination of the economic issues that affect Gen Z.” Ron Smith, Birkbeck Business School
Jefferson Frank was founding head of the Economics Department at Royal Holloway. Trained as a macroeconomist, Jeff has also extensively investigated the gender pay gap, BME and LGBTQ discrimination, inequality in the university sector, and the current funding and fees crisis. He is the author of The Responsible Economy (Routledge, 2014) and a Fellow of the Academy of Social Sciences.
Preface
1. Introduction and Plan of the Book
2. Doing and Undoing Economics
3. The Long and Short of It
4. The Fed Did It
5. The Everything Bubble
6. Smart Motorways
7. The Future of Work
8. People and Robots
9. Universities
10. Housing
11. Let the Good Times Roll
