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Economic Conditions

The Age of Oversupply: Overcoming the Greatest Challenge to the Global Economy

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The Age of Oversupply: Overcoming the Greatest Challenge to the Global Economy

Governments and central banks across theÂ developed world have tried every policy toolÂ imaginable, yet our economies remain sluggishÂ or worse. How did we get here, and how can weÂ compete and prosper once more?

Daniel Alpert argues that a global labor glut,Â excess productive capacity, and a rising oceanÂ of cheap capital have kept the Western economiesÂ mired in underemployment and anemicÂ growth. We failed to anticipate the impact ofÂ the torrent of labor and capital unleashed byÂ formerly socialist economies.

Many policymakers miss the connection betweenÂ global oversupply and the lack of domesticÂ investment and growth. But Alpert showsÂ how they are intertwined and offers a bold,Â fresh approach to fixing our economic woes.

Twitter: @DanielAlpert
Country USA
Brand Portfolio
Manufacturer Portfolio
Binding Paperback
ItemPartNumber black & white illustrations
Color White
ReleaseDate 2014-08-26
UnitCount 1
Format Illustrated
EANs 9781591847014

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