The Postcatastrophe Economy : Rebuilding America and Avoiding the Next Bubble
Janszen, Eric
ISBN 10: 1591842638 ISBN 13: 9781591842637
Published by Penguin Publishing Group, 2010
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Hardcover
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Better World Books: West, Reno, NV, U.S.A.
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About this Item
Description:
Former library copy. Pages intact with possible writing/highlighting. Binding strong with minor wear. Dust jackets/supplements may not be included. Includes library markings. Stock photo provided. Product includes identifying sticker. Better World Books: Buy Books. Do Good. Seller Inventory # GRP58737496
Synopsis:
How bad will the current recession get? According to Eric Janszen by late 2009 the USA could face unemployment over 10 percent; half of all retail stores boarded up; skeletons of unfinished buildings in 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 the USA 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 make it happen.
About the Author: Eric Janszen is a financial analyst with more than two decades' experience in the technology industry as an executive and venture capitalist. In 1998 he founded iTulip.com, a financial analysis company that has had an amazingly accurate record of predictions. He wrote an acclaimed cover story for Harper's about economic bubbles and is now a regular contributor to the magazine's Web site.
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Bibliographic Details
Title: The Postcatastrophe Economy : Rebuilding ...
Publisher: Penguin Publishing Group
Publication Date: 2010
Binding: Hardcover
Condition: Very Good