Your shopping cart is empty!
The Western world has experienced extraordinary economic progress throughout the last six decades, a prosperous period so extended that continuous economic growth has come to seem normal. But such an era of continuously rising living standards is a historical anomaly, economist Stephen D. King warns, and the current stagnation of Western economies threatens to reach crisis proportions in the not-so-distant future.
Praised for the â€œdose of realismâ€ he provided in his bookÂ Losing Control, King follows up in this volume with a plain-spoken assessment of where the West stands today. Itâ€™s not just the end of an age of affluence, he shows. We have made promises to ourselves that are achievable onlyÂ through ongoing economic expansion. The future benefits we expectâ€”pensions, healthcare, and social security, for exampleâ€”may be larger than tomorrowâ€™s resources. And if we reach that point, which promises will be broken and who will lose out? The lessons of history offer compelling evidence that political and social upheaval are often born of economic stagnation. King addresses these lessons with a multifaceted plan that involves painfulâ€”but necessaryâ€”steps toward a stable and just economic future.
Author : Stephen D. King
ISBN : 0300190522
Language : English
No of Pages : 304
Publication Date : 6/25/2013
Format/Binding : Hardcover
Book dimensions : 9.29x6.38x1.42
Book weight : 0.01
Write a review
Your Review: Note: HTML is not translated!
Rating: Bad Good
Enter the code in the box below: