When the Money Runs Out: The End of Western Affluence

When the Money Runs Out: The End of Western Affluence
ISBN-10
0300240082
ISBN-13
9780300240085
Category
Business & Economics
Pages
304
Language
English
Published
2018-04-24
Publisher
Yale University Press
Author
Stephen D. King

Description

An eminent economist warns that Western nations’ economic expectations for the future are way out of sync with the realities of economic stagnation and stringent steps will be required to avoid massive political and economic upheaval. “It is alarmingly difficult to disagree with Stephen King. All one can say, perhaps, is that one of the great errors of human nature—strongly displayed before the credit crunch—is the belief that a prevailing trend will continue indefinitely. The crunch is surely a reminder that what goes up must come down.”—Charles Moore, Daily Telegraph “[King] is dabbling in the financial equivalent of the horror genre. Perhaps even scarier, his is the stuff of nonfiction.”—Michael J. Casey, Wall Street Journal

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