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Synopsis
In The Storm, Vincent Cable explains the causes of the world economic crisis and how we should respond to the challenges it brings. He shows that although the downturn is global, the complacency of the British government towards the huge 'bubble' in property prices and high levels of personal debt, combined with increasingly exotic and opaque trading within the financial markets, has left Britain badly exposed. Yet we need to be vigilant in our response to the dangers confronting us. Times of crises inevitably bring forth false prophets who offer easy panaceas and identify scapegoats. However, Cable shows that an insular response to the current crisis would be a disaster and urges us to resist the siren voices that promote isolationism and nationalism as the answer to economic woes. He argues that policy makers must keep their faith in liberal markets if the remarkable advances in living standards, which are now being extended to the world's poorer countries, are to be maintained.
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About the Author
Vincent Cable is Member of Parliament for Twickenham and has been the Liberal Democrats' chief economic spokesperson since 2003, having previously served as Chief Economist for Shell from 1995 to 1997. He was elected as Deputy Leader of the Liberal Democrats, to Sir Menzies Campbell, in March 2006 and was acting leader of the Liberal Democrats prior to the election of Nick Clegg.
Review
"* 'Cable's the star of Newsnight's credit-crunch discussions, the go-to guy for a sagacious economics quote for broadsheets' front-page leads, the man whom Tory Alan Duncan described as "the holy grail of economic comment these days".' Stuart Jeffries, Guardian 'Everything a politician should be and everything most politicians are not.' Jeff Prestridge, Mail on Sunday 'A heavyweight in anybody's cabinet' Matthew Parris, The Times"
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- PublisherAtlantic Books
- Publication date2009
- ISBN 10 1848873549
- ISBN 13 9781848873544
- BindingPaperback
- Number of pages18
- Rating
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The Storm: The World Economic Crisis and What it Means
Published by
Atlantic Books, United Kingdom, London, 2009
ISBN 10: 1848873549
ISBN 13: 9781848873544
Used
Paperback
Seller: WorldofBooks, Goring-By-Sea, WS, United Kingdom
Seller rating 5 out of 5 stars
Paperback. Condition: Very Good. In The Storm, Vincent Cable explains the causes of the world economic crisis and how we should respond to the challenges it brings. He shows that although the downturn is global, the complacency of the British government towards the huge 'bubble' in property prices and high levels of personal debt, combined with increasingly exotic and opaque trading within the financial markets, has left Britain badly exposed. Yet we need to be vigilant in our response to the dangers confronting us. Times of crises inevitably bring forth false prophets who offer easy panaceas and identify scapegoats. However, Cable shows that an insular response to the current crisis would be a disaster and urges us to resist the siren voices that promote isolationism and nationalism as the answer to economic woes. He argues that policy makers must keep their faith in liberal markets if the remarkable advances in living standards, which are now being extended to the world's poorer countries, are to be maintained. The book has been read, but is in excellent condition. Pages are intact and not marred by notes or highlighting. The spine remains undamaged. Seller Inventory # GOR003964709
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The Storm: The World Economic Crisis and What it Means
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The Storm: The World Economic Crisis and What it Means
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Paperback. Condition: Very Good. The Storm: The World Economic Crisis and What it Means This book is in very good condition and will be shipped within 24 hours of ordering. The cover may have some limited signs of wear but the pages are clean, intact and the spine remains undamaged. This book has clearly been well maintained and looked after thus far. Money back guarantee if you are not satisfied. See all our books here, order more than 1 book and get discounted shipping. . Seller Inventory # 7719-9781848873544
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The Storm: The World Economic Crisis and What it Means
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Atlantic Books 01/07/2009, 2009
ISBN 10: 1848873549
ISBN 13: 9781848873544
Used
Paperback
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Paperback. Condition: Very Good. Shipped within 24 hours from our UK warehouse. Clean, undamaged book with no damage to pages and minimal wear to the cover. Spine still tight, in very good condition. Remember if you are not happy, you are covered by our 100% money back guarantee. Seller Inventory # 6545-9781848873544
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