Grave New World: The End of Globalization, the Return of History
| Author | : | |
| Rating | : | 4.71 (897 Votes) |
| Asin | : | 0300218044 |
| Format Type | : | paperback |
| Number of Pages | : | 304 Pages |
| Publish Date | : | 2013-02-01 |
| Language | : | English |
DESCRIPTION:
There May Be Trouble Ahead Grave New World presents a frightening view of the future. Stephen King was formerly HSBC’s Global Chief Economist and he has a better understanding of the world economy than most prognosticators. Ten years ago, many economists, politicians and journalists saw globalization as the best route to economic prosperity for everyone. Recently, globalization has not looked quite so inevitable or even desirable. King has written a brilliant summary of how we got where we are. He provides a history of globaliz. Brandon G. Adams said Chapter 10 is Gold. Everyone should buy this book solely to read Chapter 10, “Debasing the Coinage”, p190-"Chapter 10 is Gold" according to Brandon G. Adams. Everyone should buy this book solely to read Chapter 10, “Debasing the Coinage”, p190-212. This chapter alone is easily worth full retail, and this is not surprising, as this is the area we would expect Stephen King to know best.King makes a compelling case in this chapter that modern monetary interventions have devolved into a modern form of Beggar-Thy-Neighbor.He notes that, “although stock markets made impressive gains in the years after the financial crisis, capital spending in the dev. 1"Chapter 10 is Gold" according to Brandon G. Adams. Everyone should buy this book solely to read Chapter 10, “Debasing the Coinage”, p190-212. This chapter alone is easily worth full retail, and this is not surprising, as this is the area we would expect Stephen King to know best.King makes a compelling case in this chapter that modern monetary interventions have devolved into a modern form of Beggar-Thy-Neighbor.He notes that, “although stock markets made impressive gains in the years after the financial crisis, capital spending in the dev. . This chapter alone is easily worth full retail, and this is not surprising, as this is the area we would expect Stephen King to know best.King makes a compelling case in this chapter that modern monetary interventions have devolved into a modern form of Beggar-Thy-Neighbor.He notes that, “although stock markets made impressive gains in the years after the financial crisis, capital spending in the dev. Too Far to the Left David S. Wellhauser The history leading up to globalization was worthwhile but the leftist take on globalization was not helpful and the contempt for the people was difficult to swallow. Then there was the dated argument of China taking over the world.All in all a poor effort.
“No economist ever lost his reputation by erring on the side of pessimism. In this book, the already much-lauded, HSBC-based thinker, Stephen D. King, warns the West of a host of political-economic horrors on the horizon . This is a book to open that debate, not close it.”—Andrew Marr, Sunday Times
With disappointing growth rates across the Western world, nations are no longer willing to sacrifice national interests for global growth; nor are their leaders able—or willing—to sell the idea of pursuing a global agenda of prosperity to their citizens. King argues that a rejection of globalization and a return to “autarky” will risk economic and political conflict, and he uses lessons from history to gauge how best to avoid the worst possible outcomes.. Combining historical analysis with current affairs, economist Stephen D. An approach built on the principles of free trade and, since the 1980s, open capital markets, is beginning to fracture. King provides a provocative and engaging account of why globalization is being rejected, what a world ruled by rival states with conflicting aims might look like, and how the pursuit of nationalist agendas could result in a race to the bottom. A controversial look at the end of globalization and what it means for prosperity, peace, and the global economic order Globalization, long considered the best route to economic prosperity, is not inevitable