The Postcatastrophe Economy: Rebuilding America and Avoiding the Next Bubble
How bad will the current recession get? According to Eric Janszen, we could be facing an unemployment rate of over 10 percent; half of all retail stores boarded up; skeletons of unfinished buildings in our cities; and tax revenues down by 30 percent, leading to big cuts in government services. Meanwhile, inflation will keep rising as the Fed is forced to devalue the dollar because foreign countries won't lend to us anymore.



Sounds grim, but the good news is that this crisis will open the door to a saner economic future if we recognize the opportunity to correct decades of bad policy. America can wean itself from the debt-financed growth of the past thirty years and restructure to grow based on old-fashioned savings and investment.



Janszen shows that the key is not more big government but deploying our unique capacity for innovation through private-public partnerships. He calls for a modern New Deal that develops twenty-first century industries such as biotechnology, alternative energy, and nanotechnology. And he shows how our financial markets can adapt to make it happen.



This is an essential book for everyone who is struggling to understand our current predicament.
1100256372
The Postcatastrophe Economy: Rebuilding America and Avoiding the Next Bubble
How bad will the current recession get? According to Eric Janszen, we could be facing an unemployment rate of over 10 percent; half of all retail stores boarded up; skeletons of unfinished buildings in our cities; and tax revenues down by 30 percent, leading to big cuts in government services. Meanwhile, inflation will keep rising as the Fed is forced to devalue the dollar because foreign countries won't lend to us anymore.



Sounds grim, but the good news is that this crisis will open the door to a saner economic future if we recognize the opportunity to correct decades of bad policy. America can wean itself from the debt-financed growth of the past thirty years and restructure to grow based on old-fashioned savings and investment.



Janszen shows that the key is not more big government but deploying our unique capacity for innovation through private-public partnerships. He calls for a modern New Deal that develops twenty-first century industries such as biotechnology, alternative energy, and nanotechnology. And he shows how our financial markets can adapt to make it happen.



This is an essential book for everyone who is struggling to understand our current predicament.
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The Postcatastrophe Economy: Rebuilding America and Avoiding the Next Bubble

The Postcatastrophe Economy: Rebuilding America and Avoiding the Next Bubble

by Eric Janszen
The Postcatastrophe Economy: Rebuilding America and Avoiding the Next Bubble

The Postcatastrophe Economy: Rebuilding America and Avoiding the Next Bubble

by Eric Janszen

 


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Overview

How bad will the current recession get? According to Eric Janszen, we could be facing an unemployment rate of over 10 percent; half of all retail stores boarded up; skeletons of unfinished buildings in our cities; and tax revenues down by 30 percent, leading to big cuts in government services. Meanwhile, inflation will keep rising as the Fed is forced to devalue the dollar because foreign countries won't lend to us anymore.



Sounds grim, but the good news is that this crisis will open the door to a saner economic future if we recognize the opportunity to correct decades of bad policy. America can wean itself from the debt-financed growth of the past thirty years and restructure to grow based on old-fashioned savings and investment.



Janszen shows that the key is not more big government but deploying our unique capacity for innovation through private-public partnerships. He calls for a modern New Deal that develops twenty-first century industries such as biotechnology, alternative energy, and nanotechnology. And he shows how our financial markets can adapt to make it happen.



This is an essential book for everyone who is struggling to understand our current predicament.

Editorial Reviews

From the Publisher

"Narrator John Pruden delivers Janszen's strong indictment of the debt-ridden 'FIRE' economy (finance, insurance, real estate) in an authoritative manner. Highly recommended." —Library Journal Starred Audio Review

Library Journal - Library Journal Audio

In this thought-provoking, troubling book, financial analyst Janszen speaks to how political and social failures hampering America's real economic progress at all levels has led us to the Great Recession. He proposes a modern-day New Deal to support profit-based infrastructure industries of alternative energy, biotech, etc., and envisions a return to a more productive and prosperous economy in which Americans again will practice saving and sound investing. Narrator John Pruden (Race for the Dying) delivers Janszen's strong indictment of the debt-ridden "FIRE" economy (finance, insurance, real estate) in an authoritative manner. Highly recommended as a supplement to other recent works on the Great Recession.—M. Gail Preslar, Eastman Chemical Co. Business Lib., Kingsport, TN

Product Details

BN ID: 2940170550302
Publisher: Tantor Audio
Publication date: 09/02/2010
Edition description: Unabridged
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