Why We’re Getting Poorer

A Realist’s Guide to the Economy and How We Can Fix it

Cahal Moran

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Paperback

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English

William Collins
13 March 2025

Poverty & unemployment; Homelessness; Politics & government; Macroeconomics; Economic systems & structures

An insider's guide to our broken economy and how it fails to serve us.

‘A fascinating examination of the failures of modern economics, and how these failures are harming us all' Grace Blakeley, author of Vulture Capitalism

‘Easily one of the most compelling economics communicators of our generation.' Yuan Yang, FT columnist and MP for Earley and Woodley

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?

And did you know that far from globalisation being a mystical force, certain countries and currencies have dominated the way it has played out – to their own advantage?

Whilst economics is at the heart of the society we live in, governing so many functions from our taxes to where we live to the price of our shopping, few of us have a strong grasp on the subject. This book is here to help.

Why We're Getting Poorer delves into the key topics in economics – money, globalisation, inequality, climate change and growth – 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 Moran shows us why our economy set us up to fail, and offers suggestions for how we can make positive changes.

Written by an award-winning economist and the YouTuber responsible for ‘Unlearning Economics’, Why We're Getting Poorer is a thrilling, iconoclastic guide to how the world really works.

By: Cahal Moran
Imprint: William Collins
Country of Publication: United Kingdom
Dimensions: Height: 234mm, Width: 153mm, Spine: 34mm
Weight: 440g
ISBN: 9780008637965
ISBN 10: 0008637962
Pages: 400
Publication Date: 13 March 2025
Audience: General/trade , ELT Advanced
Format: Paperback
Publisher's Status: Active

Dr Cahal Moran is a Fellow at the London School of Economics and Political Science. He received his PhD in economics from the University Manchester on the subject of prospect theory. He is the co-author of the bestselling book The Econocracy: on the Perils of Leaving Economics to the Experts (Penguin Press). He is a lifelong member of the charity Rethinking Economics, which campaigns for a better economics education and has featured on BBC radio 4 alongside other members. He also runs a YouTube channel, Unlearning Economics, which has over 119,000 youtube subscribers, 53,000 twitter followers and has just launched a podcast. He lives in London.

Reviews for Why We’re Getting Poorer: A Realist’s Guide to the Economy and How We Can Fix it

PRAISE FOR THE ECONOCRACY ‘Our democracy has gone profoundly wrong. Economists have failed us. Politicians have lied to us. Things must change. This fearless new book will help make it happen’ Owen Jones ‘An explosive call for change … packed with original research … a case study for the question we should all be asking since the crash: how have the elites – in Westminster, in the City, in economics – stayed in charge?’ Aditya Chakrabortty, Guardian ‘It is a damning indictment for the economics profession that it has taken young people barely out of university to provide this analysis. Utterly compelling and sobering.’ Ha-Joon Chang ‘A rousing wake-up call from a collective of dissident graduate students … technically assured, well-argued and informative’ Robert Skidelsky ‘If war is too important to be left to the generals, so is the economy too important to be left to narrowly trained economists … thought-provoking’ Martin Wolf ‘An interesting and highly pertinent book’ Noam Chomsky