The world is at a critical juncture, poisted delicately between a surge in wealth and a descent into outright recession. In The Death of Inflation, Roger Bootle rocked the economic establishment with his predictions and was proven right. Now, he embraces controversy again with a fascinating and far-reaching book that analyses the prospects of deflation and depression and the great illusion of the economic bubble, which represents the difference between real and illusory wealth, or money for nothing. In Money for Nothing: Real Wealth, Financial Fantasies and the Economy of the Future, Bootle argues that if we can avoid the twin perils of protectionism and a deflationary slump, there is hope for a global leap in real wealth in the future through an acceleration of global trade. Bootle asserts that the old economic obsession with tangible things, such as land and machinery, has been replaced by a new economy of non things, such as intellectual property and knowledge. The result may be a change in our circumstances, making our lives today every bit as unreocgnizable to the next generation as the pre- and post-Industrial Revolution generations were to each other.
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Are we really on the brink of another economic boom? Or in a lull before the next financial bust? World-renowned expert Roger Bootle weighs in on one of the most hotly debated topics today with this sure-to-be-controversial look at the very real dangers of both deflation and depression after the great illusion of the bubble. Bootle exposes the illusory wealth created by the current property boom—money for nothing—and the threat posed by a policy of protectionism. With a brave new vision for a global society, this cautionary guide to the economy of the future lays out a blueprint for that future dominated by a global wealth spiral of human values and international trade with developing countries such as China and India that produces real wealth, not financial fantasy.About the Author:
Roger Bootle is one of the City of London's best-known economists. Formerly Group Chief Economist at HSBC, he is now Managing Director of Capital Economics, an independent economic consultancy, and Economic Advisor to Deloitte & Touche. He is a regular columnist on the Sunday Telegraph and a well-known broadcaster on radio and television. His previous book, The Death of Inflation, was also published by Nicholas Brealey Publishing and became an international bestseller.
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Book Description Nicholas Brealey Publishing, 2004. Hardcover. Book Condition: New. Never used!. Bookseller Inventory # P111857882822
Book Description Nicholas Brealey Publishing, 2004. Hardcover. Book Condition: New. Bookseller Inventory # DADAX1857882822
Book Description Nicholas Brealey Publishing, 2004. Hardcover. Book Condition: New. book. Bookseller Inventory # M1857882822
Book Description Nicholas Brealey Publishing, 2003. Hardcover. Book Condition: New. DISPATCHED FROM THE UK WITHIN 24 HOURS ( BOOKS ORDERED OVER THE WEEKEND DISPATCHED ON MONDAY) BY ROYAL MAIL. ALL OVERSEAS ORDERS SENT BY AIR MAIL. Bookseller Inventory # mon0000543344