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Fragile Prosperity
Australia's gigantic monetary gamble
Series: Public Matters
Brief Description
Fragile Prosperity delivers an authoritative, historically informed critique of Australia's monetary policy, showing how flawed ideas on money, tax and inflation shaped today's economy. It reexamines deregulation, rising house prices and inequality, and reveals a system facing a stark policy dilemma with global relevance. ‘The thrust...
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See moreFragile Prosperity offers a fresh view of Australia's past 50 years of economic policy, arguing its core pillars are flawed and based on misunderstandings of money, taxation and fiscal accounting.
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Description
Fragile Prosperity delivers an authoritative, historically informed critique of Australia's monetary policy, showing how flawed ideas on money, tax and inflation shaped today's economy. It reexamines deregulation, rising house prices and inequality, and reveals a system facing a stark policy dilemma with global relevance.
‘The thrust of this excellent work is that the process and consequences of the generation of money have been widely misunderstood by regulatory and government bodies, leading Australia unwittingly clinging to a “fragile prosperity”. Kells sets about offering practical solutions.’ – David Merrett
Series: Public Matters
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Fragile Prosperity
Fragile Prosperity delivers an authoritative, historically informed critique of Australia's monetary policy, showing how flawed ideas on money, tax and inflation shaped today's economy. It reexamines deregulation, rising house prices and inequality, and reveals a system facing a stark policy dilemma with global relevance. ‘The thrust of this excellent work is that the process and consequences of the generation of...Paperback$6100Unit price /UnavailableAvailableShips in 4-6 weeks
Book Details
INFORMATION
ISBN: 9781760467425
Publisher: ANU Press
Format: Paperback / softback
Date Published: 30 July 2026
Country: Australia
Imprint: ANU Press
Edition: New edition
Illustration: Not illustrated
Audience: General / adult
DIMENSIONS
Width: 127.0mm
Height: 178.0mm
Weight: 0g
Pages: 90
About the Author
Stuart Kells is Enterprise Fellow at the Melbourne Institute, University of Melbourne, and has written extensively on economics and finance. He was formerly a member of the Program in Monetary and Financial Economics at the University of Melbourne and advised the Australian Bankers Association during the Wallis Inquiry into the Australian financial system. He won the Desmond Cleary Prize in Financial Economics and received the Potter Warburg Scholarship in Economics and Finance and the National Australia Bank Scholarship in Economics. He has twice won the Ashurst Business Literature Prize.
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