Values: An Economist's Guide to Everything That Matters (Paperback)
Mark Carney (author)Published: 01/09/2022
Carney’s powerful and elegantly argued book makes a watertight case for placing human values before market values in transforming our society – and global economy – into a better, fairer and more sustainable one.
Our world is full of fault lines - growing inequality in income and opportunity; systemic racism; health and economic crises from a global pandemic; mistrust of experts; the existential threat of climate change; deep threats to employment in a digital economy with robotics on the rise.
These fundamental problems and others like them, argues Mark Carney, stem from a common crisis in values.
Drawing on the turmoil of the past decade, Mark Carney shows how 'market economies' have evolved into 'market societies' where price determines the value of everything. In this profoundly important new book, Carney argues that radical, foundational change is required if we are to build an economy and society based not on market values but on human values. A society that can work better for all.
When we think about what we, as individuals, value most highly, we might list fairness, health, the protection of our rights, economic security from poverty, the preservation of natural diversity, resources and beauty. The tragedy is, these things that we hold dearest are too often the casualties of our twenty-first century world, where they ought to be our bedrock.
In Value(s), Mark Carney offers a vision of a more humane society and a practical manifesto for getting there. How we reform our infrastructure to make things better and fairer is at the heart of every chapter, with outlines of wholly new ideas that can restructure society and enshrine our human values at the core of all that we build for our children and grandchildren.
Publisher: HarperCollins Publishers
ISBN: 9780008421199
Number of pages: 608
Weight: 340 g
Dimensions: 198 x 129 x 30 mm
MEDIA REVIEWS
'This assault on the modern free market is a landmark achievement. It will help arm the best in business, finance and government and disarm the worst.' - Will Hutton, The Observer
'A sweeping intellect ... This is an important book' - Evening Standard
'A stimulating read ... offering hope that we can build a post-pandemic economy based on solid values' - The Daily Mail
'A radical book that speaks out accessibly as to how we get everyone involved in solving our problems. And this is what we need: 50 Shades of People for 50 Shades of Green' - Bono
'Mark Carney's indispensable new book asks how we can go from knowing the price of everything to understanding its true value ... this is the essential handbook for 21st century leaders, policymakers and everyone who wants to build a fair and sustainable world' - Christine Lagarde
'A roadmap to a fairer and more responsible, resilient world. Carney offers trenchant insights into our relationship with money and status, imagination and responsibility critical to our world's future. What do we invest in - profit or human potential? This book is irradiated with the inspiring and critical conviction that money can be transformed into a tool of collective good' - Antony Gormley
'A fantastic read for anyone interested in the most pressing issues facing us. The need for a world of profit with better purpose is explained in such a clear and persuasive style. I hope it gets read by many people ' - Jim O'NeillI
'Thought-provoking and readable... As societies struggle to rebuild solidarity in the post-Covid world, it will be an essential guide' - Raghu Rajan
'Mark Carney draws on his unique experience of running two central banks to offer original and thought provoking solutions to the world's biggest challenges - from Covid to climate change' - Gordon Brown
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“Interesting and timely”
Well written book that questions society’s modus operandi and our own personal values.
Good timing given the failure of GDP as a measure of a country’s success and standing in the world.
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