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When the Money Runs Out : The End of Western Affluence / Stephen D. King.
- Format:
- Book
- Author/Creator:
- King, Stephen D., author.
- Language:
- English
- Subjects (All):
- Wealth--Great Britain--History--20th century.
- Wealth.
- Great Britain--Economic conditions--21st century.
- Great Britain.
- Physical Description:
- 1 online resource (305 pages)
- Edition:
- Updated Edition
- Place of Publication:
- New Haven, CT : Yale University Press, [2018]
- Language Note:
- In English.
- Summary:
- 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
- Contents:
- Frontmatter
- Contents
- Preface to the updated edition
- Acknowledgements
- Introduction: Whatever Happened to the 1 Decades of Plenty?
- Chapter One. Taking Progress for Granted
- Chapter Two. The Pain of Stagnation
- Chapter Three. Fixing a Broken Economy
- Chapter Four. Stimulus Junkies
- Chapter Five. The Limits to Stimulus: Lessons from History
- Chapter Six. Loss of Trust, Loss of Growth
- Chapter Seven. Three Schisms
- Chapter Eight. From Economic Disappointment to Political Instability
- Chapter Nine. Dystopia
- Chapter Ten. Avoiding Dystopia
- Notes
- Bibliography
- Index
- Notes:
- Description based on online resource; title from PDF title page (publisher's Web site, viewed 22. Okt 2019)
- ISBN:
- 0-300-24008-2
- OCLC:
- 1125188605
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