When the Money Runs Out: The End of Western Affluence - Tapa dura

King, Stephen D.

 
9780300190526: When the Money Runs Out: The End of Western Affluence
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ISBN 10: 0300190522 ISBN 13: 9780300190526
Editorial: Yale University Press, 2013

Sinopsis

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 “dose of realism” he provided in his book Losing Control, King follows up in this volume with a plain-spoken assessment of where the West stands today. It’s not just the end of an age of affluence, he shows. We have made promises to ourselves that are achievable only through ongoing economic expansion. The future benefits we expect―pensions, healthcare, and social security, for example―may be larger than tomorrow’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 painful―but necessary―steps toward a stable and just economic future.

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Acerca del autor

Stephen D. King is Group Chief Economist and Global Head of Economics and Asset Allocation research at HSBC. He lives in London.

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Editorial
Yale University Press
Año de publicación
2013
Idioma
Inglés
ISBN 10 
0300190522
ISBN 13 
9780300190526
Encuadernación
Tapa dura
Número de páginas
304
Contacto del fabricante
no disponible
Persona responsable
no disponible

Otras ediciones populares con el mismo título

9780300205237: When the Money Runs Out: The End of Western Affluence

Edición Destacada

ISBN 10:  0300205236 ISBN 13:  9780300205237
Editorial: Yale University Press, 2014
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