Why we misunderstand the nature of money, and what we can do about it
According to leading economist Ann Pettifor, one of the few people to predict the 2008 financial crisis, money is not a commodity but a promise. This radical reconsideration of the power of money means that we can reimagine the way the economy works.
The Production of Money also examines 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.
"Coolly authoritative, soberly trenchant, unexpectedly compelling, Ann Pettifor's book is vital in both senses, important and full of life." - Guardian
"Pettifor's new book aims to elucidate the nature of money, the better to help women advocate for their needs" - Vogue US
"Pettifor has a gift for breaking down complex economic ideas into notions that feel almost intuitive. If her book cannot hope to wholly democratize money, it could certainly help democratize the understanding of it, which Pettifor sees as the first step to encouraging public demands for a fairer system." - Bookforum
"Enlightening. She is unafraid to square up to the mainstream economists who stand 'aloof' from the financial system." - Independent