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12%OFFJames  K. Galbraith - The End of Normal: The Great Crisis and the Future of Growth - 9781451644937 - V9781451644937
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The End of Normal: The Great Crisis and the Future of Growth

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Description for The End of Normal: The Great Crisis and the Future of Growth Paperback. From respected thinker and economic iconoclast James K. Galbraith, a smart, scathing explanation for the economic crisis, and a vision for the future Num Pages: 304 pages. BIC Classification: 3JM; KCX; KCY. Category: (G) General (US: Trade). Dimension: 215 x 140 x 20. Weight in Grams: 266.
From one of the most respected economic thinkers and writers of our time, a brilliant argument about the history and future of economic growth.

The years since the Great Crisis of 2008 have seen slow growth, high unemployment, falling home values, chronic deficits, a deepening disaster in Europe and a stale argument between two false solutions, "austerity" on one side and "stimulus" on the other. Both sides and practically all analyses of the crisis so far take for granted that the economic growth from the early 1950s until 2000 interrupted only by the troubled 1970s-represented a normal performance. From this perspective, the crisis was an interruption, caused by bad policy or bad people, and full recovery is to be expected if the cause is corrected.

The End of Normalchallenges this view. Placing the crisis in perspective, Galbraith argues that the 1970s already ended the age of easy growth. The 1980s and 1990s saw only uneven growth, with rising inequality within and between countries. And the 2000s saw the end even of that, despite frantic efforts to keep growth going with tax cuts, war spending and financial deregulation. When the crisis finally came, stimulus and automatic stabilization were able to place a floor under economic collapse. But they are not able to bring about a return to high growth and full employment. In The End of Normal, "Galbraith puts his pessimism into an engaging, plausible frame. His contentions deserve the attention of all economists and serious financial minds across the political spectrum" (Publishers Weekly).

Product Details

Publisher
Simon & Schuster
Format
Paperback
Publication date
2015
Condition
New
Number of Pages
304
Place of Publication
New York, United States
ISBN
9781451644937
SKU
V9781451644937
Shipping Time
Usually ships in 15 to 20 working days
Ref
99-15

About James K. Galbraith
James K. Galbraith holds the Lloyd M. Bentsen Jr. Chair in Government/Business Relations at the Lyndon B. Johnson School of Public Affairs at the University of Texas at Austin. He lives in Austin, Texas. The End of Normal is his first book.

Reviews for The End of Normal: The Great Crisis and the Future of Growth
"Galbraith puts his pessimism into an engaging, plausible frame. His contentions deserve the attention of all economists and serious financial minds across the political spectrum."
Publishers Weekly (starred)
“Forceful prose and admittedly provocative suggestions.... Students of economics will enjoy the robust, fearless rebuke he delivers to some of the discipline’s giants.... A cleareyed…analysis of the new normal…for the 21st century.”
Kirkus
"Galbraith's study marks another sharp and suggestive installment in the ongoing effort to determine how and why our economic and political leaders have lost their once-confident grasp of sound strategies to promote macroeconomic growth. And to restore a measure of that lost confidence Galbraith lays out a bold intellectual agenda."
Book Forum

Goodreads reviews for The End of Normal: The Great Crisis and the Future of Growth


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