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Paper Promises: How Money Works and What Happens When It Doesn't

Paper Promises: Debt, Money, and the New World Order

Penned By Philip Coggan
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4.85
36,577 Global Ratings
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Paper Promises: How Money Works and What Happens When It Doesn't

Paper Promises: Debt, Money, and the New World Order

Penned By Philip Coggan
4.85 36,577 Ratings
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Editor's Note:
Winner of the Spears Business Book of the Year AwardLonglisted for the Financial Times Goldman Sachs Business Book of the Year AwardIn today's financial climate, we are all, naturally, obsessed by debt. In almost every aspect of our life we experience it - on our credit cards, mortgages, bank loans and student loans. But where has this debt come from? How does it work? What is any money really worth? And what promises do we need to believe to keep the whole system afloat?In this fascinating look at money through the ages - including our own unstable future - award-winning financial journalist Philip Coggan examines the flawed structure of the global finance systems as they exist today, and asks, with deeper imbalances that the world is currently facing, what's actually at stake.

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Released December 1, 2011
Identifier (ISBN) 13325692
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Philip Coggan
The Mind Behind the Work
Philip Coggan

Philip Coggan writes contemporary fiction and has always been fascinated by character-driven stories. They hold a degree in English Literature and previously worked as an editor before transitioning to writing their own books. Philip Coggan lives with their spouse and a very vocal rescue cat.

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Kenneth Miller
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Paul Lewis
Paul Lewis February 26, 2025
"It was adequate. The tempo was somewhat languid, and I found my mind wandering. Not poor, simply average. Perfectly average."
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"Masterpiece from start to finish. I adored how the story unfolded. It kept me captivated without sacrificing elegance. An effortless 5 stars."
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