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The Age of Stagnation : Why Perpetual Growth Is Unattainable and the Global Economy Is in Peril by Das, Satyajit is a nonfiction available to read on EtoBox.

What is The Age of Stagnation : Why Perpetual Growth Is Unattainable and the Global Economy Is in Peril about?

The global economy is entering an era of protracted stagnation, similar to what Japan has experienced for over a decade. That is the message of this brilliant and controversial summary of our current economic predicament from an internationally respected consultant and commentator on financial markets, who predicted the great crash of 2006. The author challenges the assumption that growth can be perpetual and questions the ability of political leaders to enact the tough structural changes needed. He is particularly critical of the "easy money" approach to dealing with the great recession of 2008, citing the dangers of excessive debt and deep-seated fundamental imbalances. The fallout of these poor policies, he argues, will affect not only the business sector, but the lifestyles and prosperity of average citizens and future generations.The author concludes with a thought experiment illustrating the large-scale changes that will be necessary to restore economic, financial,...

Who reads The Age of Stagnation : Why Perpetual Growth Is Unattainable and the Global Economy Is in Peril?

Author

Das, Satyajit

Publisher

Prometheus Books Tranquebar Press Prometheus Books Tranquebar Press

Published

2016

Language

EN

ISBN

9781633881594

Category

nonfiction

Subjects

Business, Economics, Political Science

Rating

3.61 / 5 (41 ratings)

Updated

2026-03-14