How Do We Fix This Mess?: The Economic Price of Having It All, and the Route to Lasting Prosperity Peston, Robert and Knight, Laurence

How Do We Fix This Mess?: The Economic Price of Having It All, and the Route to Lasting Prosperity Peston, Robert and Knight, Laurence

ISBN 10: 1444757091 / ISBN 13: 9781444757095

Published by Hodder & Stoughton, 2012

About this Item

Seller Inventory # QCX--0105

Bibliographic Details

• Title: How Do We Fix This Mess?: The Economic Price of Having It All, and the Route to Lasting Prosperity Peston, Robert and Knight, Laurence
• Publisher: Hodder & Stoughton
• Publication Date: 2012
• Language: English
• ISBN 10: 1444757091
• ISBN 13: 9781444757095
• Binding: Hardcover
• Condition: New

About this title

Synopsis

In Robert Peston's new book, he explains in his characteristically straightforward way how the world got itself into the current economic mess—and how we might get out of it. The record-breaking unbroken growth between 1992 and 2008 wasn't the economic miracle that it seemed. It was based on a number of dangerous illusions—most notably that it didn't matter that the UK and US year after year consumed more than they earned. But we couldn't go on increasing our indebtedness forever. The financial crash of 2007/8 and the subsequent economic slump in much of the west was the moment when we realized we had borrowed more than we could afford to repay. So who got it wrong? Bankers, investors, and regulators? And were they greedy, stupid, or asleep? What was the role of government? And what part did we, as consumers, play in all this? How do we get through this difficult period of transition to a more sustainable economy, one based on investment and exports, rather than on borrowing and consumption? With the same probing lucidity he brought to Who Runs Britain?, Robert Peston takes us step-by-step towards a common sense way to fix this mess.

About the Author

Robert Peston is the BBC's Business Editor. Prior to joining the BBC, he was political editor and financial editor of the Financial Times, city editor of the Sunday Telegraph, and a columnist for the New Statesman and Sunday Times. He has won numerous awards for his journalism, including Journalist of the Year and Scoop of the Year from the Royal Television Society, Performer of the Year from the Broadcasting Press Guild, Broadcaster of the Year and Journalist of the Year from the Wincott Foundation, and Business Journalist of the Year from the London Press Club. Peston has published two critically acclaimed books, Brown's Britain and Who Runs Britain? He is the founder of Speakers for Schools, a pro bono educational service which organizes free talks from inspirational speakers for students at state schools. He is a trustee of the Education and Employers Taskforce.