Extinction Equilibrium by Jefferson Frank - 9781529226379

Bristol University Press

Extinction EquilibriumEconomics for Generational Survival\nAuthor(s): Jefferson Frank\nFormat: Paperback\nPublisher: Bristol University Press, United Kingdom\nImprint: Bristol University Press\nISBN-13: 9781529226379, 978-1529226379\nSynopsis\nGeneration 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.\n\nAs 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. \n\nOffering 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.\n\nThis is an original, readable and entertaining take.