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Mark Carney: Value(s)—Building a Better World for All Public Affairs, Hatchett Book Group, 2021

Mark Carney: Value(s)—Building a Better World for All Public Affairs, Hatchett Book Group, 2021 Business Economics https://doi.org/10.1057/s11369-022-00271-6 BOOK RE VIE W Mark Carney: Value(s)—Building a Better World for All Public Affairs, Hatchett Book Group, 2021 Dennis Lockhart © National Association for Business Economics 2022 Mark Carney, the former governor of both the Bank of He focuses on three recent and current crises—the global England and the Bank of Canada, is one of this era’s most financial crisis of 2008, COVID-19, and climate change— respected central bankers and public servants. We are accus- and presents these as fundamentally crises of value. In tomed to figures of Carney’s accomplishment and renown making this crises-of-value case, Carney highlights two writing memoires of their time in powerful positions. unfortunate human and social syndromes that underlie the Instead, Mark Carney has written a book that is wide-aper- values-value tension. These are the ‘tragedy of the com- ture, forward-looking, and ambitious for the world. His writ- mons’ and the ‘tragedy of the horizon,’ in simple terms nar- ing is partly diagnostic and partly prescriptive—with quite row self-interest combined with short-term perspective. As pragmatic and granular recommendations—while drawing an antidote, he offers seven social/moral values on which to on his Bank of England experience to support his arguments base efforts to align social http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Business Economics Springer Journals

Mark Carney: Value(s)—Building a Better World for All Public Affairs, Hatchett Book Group, 2021

Business Economics , Volume 58 (1) – Jan 1, 2023

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Publisher
Springer Journals
Copyright
Copyright © National Association for Business Economics 2022
ISSN
0007-666X
eISSN
1554-432X
DOI
10.1057/s11369-022-00271-6
Publisher site
See Article on Publisher Site

Abstract

Business Economics https://doi.org/10.1057/s11369-022-00271-6 BOOK RE VIE W Mark Carney: Value(s)—Building a Better World for All Public Affairs, Hatchett Book Group, 2021 Dennis Lockhart © National Association for Business Economics 2022 Mark Carney, the former governor of both the Bank of He focuses on three recent and current crises—the global England and the Bank of Canada, is one of this era’s most financial crisis of 2008, COVID-19, and climate change— respected central bankers and public servants. We are accus- and presents these as fundamentally crises of value. In tomed to figures of Carney’s accomplishment and renown making this crises-of-value case, Carney highlights two writing memoires of their time in powerful positions. unfortunate human and social syndromes that underlie the Instead, Mark Carney has written a book that is wide-aper- values-value tension. These are the ‘tragedy of the com- ture, forward-looking, and ambitious for the world. His writ- mons’ and the ‘tragedy of the horizon,’ in simple terms nar- ing is partly diagnostic and partly prescriptive—with quite row self-interest combined with short-term perspective. As pragmatic and granular recommendations—while drawing an antidote, he offers seven social/moral values on which to on his Bank of England experience to support his arguments base efforts to align social

Journal

Business EconomicsSpringer Journals

Published: Jan 1, 2023

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