Age of Oversupply Overcoming the Greatest Challenge to the Global Economy

Name: Age of Oversupply Overcoming the Greatest Challenge to the Global Economy
Price: 3.57 USD
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ISBN: 9781591845966

ISBN-10: 1591845963

ISBN-13: 9781591845966

Edition: N/A

Authors: Daniel Alpert

List price: $27.95

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Why Western capitalism is broken and how the U.S. can recover its global economic leadership status The governments and central banks of the developed world have tried every policy tool imaginable, yet our economies remain sluggish, or worse. How did we get here, and how can we emerge from the longest downturn in recent memory? Daniel Alpert, a progressive Wall Street banker and economist, argues that we are living in the age of oversupply. A global labor glut, a flood of excess productive capacity, and the persistent availability of cheap money have kept the developed world in a perpetual slumpwhich is unlikely to right itself without new policy solutions. For decades, economists and…

Book details

List price: $27.95
Publisher: Penguin Publishing Group
Publication date: 9/26/2013
Binding: Hardcover
Pages: 288
Size: 6.38" wide x 9.25" long x 1.45" tall
Weight: 1.034



Introduction: The Endless Slump



The Rise of Oversupply: How the Emerging Nations Remade the Global Economy



Out Of Balance: Debts, Surpluses, and the Broken Global Economy



Making the Worst of It: Bad Policy, Denial, and Decline



Let Them Eat Debt: Stagnating Incomes, Credit Bubbles, and the Road to Crisis



Nations in Neutral: The Output Gap and the Vanishing of Wealth



The Empty Toolbox: Why Policy Makers Can't Fix the Economy



The Detour Economy: How Advanced Countries Are Dodging the Real Economic Challenges



Bad Values: Why Sticky Wages and Prices Block a Real Recovery



Blind Spots: The Failure of Economic Leadership



The Stability Imperative: A Responsible Approach to Economic Policy



Underwater No More: How to Finally Put the Great Credit Bubble Behind Us



Rebuild and Reform: A Strategy for Restoring Growth



Good Debt, Bad Debt: Dealing with Deficits



A Global System that Works: Managing Multilateralism



In Pursuit of Pragmatism: Tear Down This Ideological Wall


Acknowledgments


Notes


Index