Why we're getting poorer

Latest 300 | LSE Public lectures and events | Video

Contributor(s): Dr Cahal Moran | As the UK economy struggles along while the US seems destined for chaos, evaluating why we’re getting poorer has never seemed more relevant. Join us for this event at which LSE's Cahal Moran will talk about their new book, Why We’re Getting Poorer: A Realist’s Guide to the Economy and How We Can Fix it. Did you know that while we think of money as notes issued by the government, the truth is that the overwhelming majority of money today is credit created by private banks? Did you know that the reason housing keeps getting less accessible is because we haven’t found a way to separate houses from land in our policies? Cahal Moran delves into the key topics in economics showing that what we think we know about these things is wrong, and teaching us what we really need to know. Deciphering the jargon and complexity of economic thinking, with examples ranging from the Simpsons to the German football league to The Inbetweeners, Cahal shows us why our economy set us up to fail, and offers suggestions for how we can make positive changes.