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OverviewThe 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. Full Product DetailsAuthor: Mr Stephen D KingPublisher: Yale University Press Imprint: Yale University Press ISBN: 9781299546608ISBN 10: 1299546609 Pages: 299 Publication Date: 01 January 2013 Audience: General/trade , General Format: Electronic book text Publisher's Status: Active Availability: In stock We have confirmation that this item is in stock with the supplier. It will be ordered in for you and dispatched immediately. Table of ContentsReviewsAuthor InformationTab Content 6Author Website:Countries AvailableAll regions |