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When the Money Runs Out: The End of Western Affluence

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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

Συγγραφέας: King Stephen D.
Εκδότης: YALE UNIVERSITY PRESS
Σελίδες: 304
ISBN: 9780300236934
Εξώφυλλο: Μαλακό Εξώφυλλο
Αριθμός Έκδοσης: 1
Έτος έκδοσης: 2018

Stephen D. King is senior economic adviser at HSBC, is a columnist for the Evening Standard, and has also been a specialist adviser to the House of Commons Treasury Committee. He is the author of Losing ControlWhen the Money Runs Out, and Grave New World.

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