When the Money Runs Out: The End of Western Affluence (Paperback)
  • When the Money Runs Out: The End of Western Affluence (Paperback)

When the Money Runs Out: The End of Western Affluence (Paperback)

Paperback 304 Pages / Published: 04/03/2014
  • In stock online

Usually dispatched within 24 hours

  • This item has been added to your basket
Your local Waterstones may have stock of this item. Please check by using Click & Collect
An esteemed economist warns that Western societies' economic expectations for the future are about to collide with reality

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.

Publisher: Yale University Press
ISBN: 9780300205237
Number of pages: 304
Weight: 331 g
Dimensions: 197 x 127 x 28 mm

You may also be interested in...

When the Money Runs Out
Added to basket
The Map and the Territory 2.0
Added to basket
Added to basket
Future: All That Matters
Added to basket
The Economist: Megachange
Added to basket
Going South
Added to basket
The Next 100 Years
Added to basket
Fortune Tellers
Added to basket

Please sign in to write a review

Your review has been submitted successfully.