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Published on: 2013-06-25
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Original language: English
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. Essays in Persuasion by John Maynard Keynes essays in persuasion macmillan and co. limited london bombay calcutta madras melbourne essays in persuasion by john maynard keynes fellow of king's ... U.S. News National News - ABC News Sections; Top Stories; Video; Election; U.S. World; Entertainment; Health; Tech; Lifestyle; Money; Investigative; Sports; Good News; Weather; Photos; Shows. Shows ... Rethinking the American Dream Vanity Fair Along with millions of jobs and 401(k)s the concept of a shared national ideal is said to be dying. But is the American Dream really endangered or has it simply ... How Much Money Does It Take To Be In The Top 1% of Wealth ... How Much Money Does It Take To Be In The Top 1% of Wealth and Net Worth in the United States? There had been some confusion about the methodology involved in ... Stock quotes financial tools news and analysis - MSN Money MSN Money is the hub for your financial life. Be informed and ahead with our real-time stock quotes deep tools and calculators and breaking news and ... Sarah Bergers The Cashlorette - bankrate.com Maximize your money with saving tips and tricks with Sarah Berger. Your wallet will thank you. Good - Encyclopedia Volume - Catholic Encyclopedia ... Now in all these locutions the word conveys directly or indirectly the idea of desirability. The merely useful is desired for the end towards which it is employed ... Nigerian Fake Pastors Who Worship Money More Than God ... Money. it is said is the root of all evils and it is the only reason the current trend in the Christian community has been drawing many pastors farther from God ... Population Immigration and the Drying of the American ... This Backgrounder offers an historical overview of the critical issue of water in the American Southwest where the water situation is becoming increasingly dire ... Poverty - Wikipedia Poverty is general scarcity or the state of one who lacks a certain amount of material possessions or money. It is a multifaceted concept which includes social ...
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