Money From Nothing
Or, Why We Should Stop Worrying About Debt and Learn to Love the Federal Reserve
A major work of financial theory and practice with immediate relevance to the rebuilding of the economy, and restoring the promise of equality
When the government decides to spend money, it simply creates the necessary funds for itself--as if out of thin air. That's how we pay for interstate highways, post offices, wars, social services, and economic stimulus packages. If it's that easy to make money...can't we all get more of it? Absolutely. And we should.
So argue financial regulation expert Robert Hockett and bestselling philosopher Aaron James in this eye-opening, irreverent, and inspiring exploration of what the dollar really is. And better still, they show how we can build an economy that works for everybody without unwanted taxes and added regulations.
In…
$27.00
September 15, 2020
Aaron James holds a PhD from Harvard and is professor of philosophy at the University of California, Irvine. He is the author of Assholes: A Theory, Assholes: A Theory of Donald Trump, and Fairness in Practice: A Social Contract for a Global Economy and numerous academic articles. He was awarded a Burkhardt Fellowship from the American Council of Learned Societies, and spent the 2009-10 academic year at the Center for Advanced Study in the Behavioral Sciences at Stanford University. He’s a skilled, lifelong surfer and lives in Irvine, California.