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When the money runs out : the end of western affluence

"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."--Provided by publisher.

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  • "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."
  • "An esteemed economist warns that Western societies' economic expectations for the future are about to collide with reality. Drawing on historical parallels, King demonstrates the links between economic stagnation and political and social upheaval, asking whether the West has the courage to take the painful but crucial steps towards a fairer future."
  • ""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."--Provided by publisher."@en
  • "After six decades of continuously rising living standards, economic growth in the West has come to an abrupt halt. As politicians and economists squabble over how best to rescue flagging economies, Stephen D. king, author of Losing Control, argues that there are no easy answers to the West's predicament, and explains why quick-fix solutions like quantitative easing have failed to deliver the desired results. Ultimately, King suggests in this compelling book, we have come to expect too much. During the age of affluence, we made promises to ourselves that are only achievable through ongoing economic expansion. Before long, the future benefits we expect - pensions, healthcare, and social security, for examples - will cost more than Western economies can afford. Drawing on historical lessons from the French Revolution to battles over austerity in the 1930s, king argues that economic stagnation often leads to political and social upheaval, as everyday life becomes increasingly precarious and divisions deepen between young and old, rich and poor. Can we escape a future of resentment and rising inequality? Possibly; but King warns that turning our economies around will require some painful - but necessary - decisions. [4e de couv.]."

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  • "History"@en
  • "History"
  • "Llibres electrònics"
  • "Electronic books"@en

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  • "When the money runs out : the end of western affluence"@en
  • "When the money runs out : the end of western affluence"
  • "JIng ji cheng zhang de zhong jie"
  • "經濟成長的終結"
  • "When the money runs out the end of western affluence"@en
  • "When the money runs out the end of western affluence"
  • "When the money runs out : the end of Western affluence"@en
  • "When the money runs out : the end of Western affluence"
  • "When the money runs out The end of western affluence"

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