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The Age of Stagnation: Why Perpetual Growth is Unattainable and the Global Econo
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- Buy It NowThe Age of Stagnation: Why Perpetual Growth is Unattainable and the Global Econo
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eBay item number:235398622171
Item specifics
- Condition
- ISBN-13
- 9781633881587
- Book Title
- The Age of Stagnation
- ISBN
- 9781633881587
- Publication Year
- 2016
- Type
- Textbook
- Format
- Hardcover
- Language
- English
- Publication Name
- The Age of Stagnation: Why Perpetual Growth Is Unattainable and the Global Economy Is in Peril
- Item Height
- 229mm
- Publisher
- Prometheus Books
- Item Width
- 152mm
- Subject
- Economics, Geography & Geosciences, Government
- Item Weight
- 576g
- Number of Pages
- 347 Pages
About this product
Product Information
The global economy is entering an era of protracted stagnation, similar to what Japan has experienced for over a decade.That is the message of this brilliant and controversial summary of our current economic predicament from an internationally respected consultant and commentator on financial markets, who predicted the Global Financial Crisis of 2008. The author challenges the assumption that growth can be perpetual and questions the ability of political leaders to enact the tough structural changes needed. He is particularly critical of the easy money approach to dealing with the great recession of 2008, citing the dangers of excessive debt and deep-seated fundamental imbalances. The fallout of these poor policies, he argues, will affect not only the business sector, but also the lifestyles and prosperity of average citizens and future generations. The author concludes with a thought experiment illustrating the large-scale changes that will be necessary to restore economic, financial, and social sustainability. This experiment has already been tried in Iceland, which went bankrupt in the wake of the 2008 crisis, and now, after a painful adjustment, is on the road to recovery. Written for the lay reader and peppered with witty anecdotes, this immensely readable book clearly explains the missteps that created the current dilemma, why a recovery has proved elusive, and the difficult remedies that must eventually be applied to ensure a stable future.
Product Identifiers
Publisher
Prometheus Books
ISBN-13
9781633881587
eBay Product ID (ePID)
226095059
Product Key Features
Publication Name
The Age of Stagnation: Why Perpetual Growth Is Unattainable and the Global Economy Is in Peril
Format
Hardcover
Language
English
Subject
Economics, Geography & Geosciences, Government
Publication Year
2016
Type
Textbook
Number of Pages
347 Pages
Dimensions
Item Height
229mm
Item Width
152mm
Item Weight
576g
Additional Product Features
Country/Region of Manufacture
United States
Item description from the seller
Business seller information
Value Added Tax Number:
- GB 324767388
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eBay item number:235398622171
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