William Collins buys Carney's 'inspiring' book on value

William Collins buys Carney's 'inspiring' book on value

William Collins has bought the first book from ex-Bank of England governor Mark Carney, an "unblinking, inspiring" look at how value can shape our lives and world.

Arabella Pike, publishing director, bought UK and Commonwealth rights, excluding Canada, to Value(s): Building a Better World For All from Caroline Michel at Peters Fraser & Dunlop. Clive Priddle at Public Affairs will publish simultaneously in the US, alongside Douglas Pepper at Signal (Penguin Random House Canada). Publication will be in spring 2021.

The book promises to be a “ shrewd, nuanced and forward-looking manifesto”. Its synopsis explains: “During his 12 years as a G7 central bank governor, Mark Carney witnessed the collapse of public trust in elites, globalisation, and technology; the challenge of the 4th Industrial Revolution and the alarming threat of climate change to the global economy. In Value(s), he will draw on the turmoil of the past decade to explore how these challenges ultimately reflect a common crisis in values.

"Revealing how and why value determines our livelihoods, identities, and possibilities Mark Carney will provide the framework for change needed to build an economy and society in a post-Covid world that works for all, defining a new way forward for individuals, businesses and governments and heralding a society that values what matters; a society for humanity restored.”

Pike said: “Mark’s book has the potential to reshape and redefine the future. There is courage, intellectual brio and energy in every sentence. And an inspiring, unblinking focus on how we can all build a better world. We are both thrilled and deeply proud to be publishing the book.”

Carney is currently the UN Special Envoy for Climate Action & Finance and Prime Minister Boris Johnson’s finance adviser for the 26th UN Climate Change Conference. He was previously governor of the Bank of England from 2013 to 2020, and governor of the Bank of Canada from 2008 to 2013.

He said: “I’m honoured to be working with William Collins to contribute to the debate on how we can build back better. In recent decades, many countries have been moving, subtly but relentlessly, from market economies to market societies, where the price of everything is becoming the value of everything. But when pushed during the Covid crisis, we’ve prioritised the health of the most vulnerable and supported each other, acting as an interdependent community not as independent individuals. Now, we have the chance for our values to shape our possibilities, creating a dynamic economy that works for all and sustainably over time."