Read Anywhere and on Any Device!

Subscribe to Read | $0.00

Join today and start reading your favorite books for Free!

Create Free Account

Quick and Easy Sign Up!

It takes less then 1 minute to sign up, then you can enjoy Unlimited eBooks.

Sign Up Browse

Popular Genres

Read Anywhere and on Any Device!

  • Download on iOS
  • Download on Android
  • Download on iOS

The Age of Stagnation: Why Perpetual Growth Is Unattainable and the Global Economy Is in Peril

The Age of Stagnation: Why Perpetual Growth Is Unattainable and the Global Economy Is in Peril

Satyajit Das
3.6/5 ( ratings)
Read Download
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."
Pages
285
Format
Hardcover
Publisher
Prometheus Books
Release
February 09, 2016
ISBN
163388158X
ISBN 13
9781633881587

The Age of Stagnation: Why Perpetual Growth Is Unattainable and the Global Economy Is in Peril

Satyajit Das
3.6/5 ( ratings)
Read Download
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."
Pages
285
Format
Hardcover
Publisher
Prometheus Books
Release
February 09, 2016
ISBN
163388158X
ISBN 13
9781633881587

More books from Satyajit Das

Traders, Guns & Money: Knowns and Unknowns in the Dazzling World of Derivatives

3.8/5 ( ratings)

Extreme Money: Masters of the Universe and the Cult of Risk

3.7/5 ( ratings)

Traders, Guns and Money: Knowns and Unknowns in the Dazzling World of Derivatives (Financial Times Series)

4.4/5 ( ratings)

The Swaps and Financial Derivatives Library: Products, Pricing, Applications and Risk Management, Box Set

4.7/5 ( ratings)

A Banquet of Consequences RELOADED: How we got into the mess we’re in, and why we need to act now

3.8/5 ( ratings)

Fortune's Fool: Australia's Choices

3/5 ( ratings)

The Financial Crisis in Perspective (Collection)

4.5/5 ( ratings)

Traders, Guns and Money: Knowns and unknowns in the dazzling world of derivatives Revised edition (Financial Times Series) [Paperback] [2010] (Author) Satyajit Das

4.5/5 ( ratings)

Traders, Guns and Money: Knowns and Unknowns in the Dazzling World of Derivatives (Financial Times Series) by Das Satyajit (2012-07-20) Paperback

4.5/5 ( ratings)

Software Engineering: How to Change Your Career to Software Engineering: Get an actionable start (Software Engineering, Career in Software, Software Developer, Computers, IT)

4.5/5 ( ratings)

A Banquet of Consequences

4.5/5 ( ratings)

Credit Derivatives: Trading & Management of Credit & Default Risk (Wiley Frontiers in Finance)

4.5/5 ( ratings)

Extreme Money: The masters of the universe and the cult of risk

4.5/5 ( ratings)

Structured Products & Hybrid Securities

4.5/5 ( ratings)

Traders, Guns and Money (Financial Times Series)

4.5/5 ( ratings)

THE SECRETS OF MIND (PART-1)

4.5/5 ( ratings)

The Secrets of Mind Part-1 (in Hindi)

4.5/5 ( ratings)

Swaps & Financial Derivatives (4 Volume Set)

4.5/5 ( ratings)

Traders, Guns & Money: Die dunklen Machenschaften im internationalen Börsenhandel

4.5/5 ( ratings)

Extreme Money ePub eBook: The Masters of the Universe and the Cult of Risk

4.5/5 ( ratings)

Rate this book!

Write a review?

loader