When the money runs out : the end of western affluence
King, Stephen D.2013
Books, Manuscripts
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 an 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. This is a plain-spoken assessment of where the West stands today. It is not just the end of an age of affluence, he shows. We have made promises to ourselves that are only achievable through ongoing economic expansion. The future benefits we expect - pensions, healthcare, and social security 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.
Main title:
When the money runs out : the end of western affluence / Stephen D. King.
Author:
Imprint:
New Haven, Conn. : Yale University Press, 2013.
Collation:
x, 287 pages ; 24 cm.
Notes:
Includes bibliographical references and index.
Contents:
Machine generated contents note: ch. 1 Taking Progress for Granted -- ch. 2 The Pain of Stagnation -- ch. 3 Fixing a Broken Economy -- ch. 4 Stimulus Junkies -- ch. 5 The Limits to Stimulus: Lessons from History -- ch. 6 Loss of Trust, Loss of Growth -- ch. 7 Three Schisms -- ch. 8 From Economic Disappointment to Political Instability -- ch. 9 Dystopia -- ch. 10 Avoiding Dystopia.
ISBN:
9780300190526
Dewey class:
339.20941
Language:
English
Added title:
Subject:
Wealth -- Western countries -- History -- 20th centuryWealth -- Western countries -- History -- 21st centuryWealth -- Great Britain -- History -- 20th centuryWealth -- Great Britain -- History -- 21st centuryWestern countries -- Economic conditions -- 20th centuryWestern countries -- Economic conditions -- 21st centuryGreat Britain -- Economic conditions -- 20th centuryGreat Britain -- Economic conditions -- 21st century
BRN:
7344
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