Full E-book The Age of Oversupply: Overcoming the Greatest Challenge to the Global Economy

  • 5 years ago
https://ebookunlimited.space/?book=159184701X
Governments and central banks across the?developed world have tried every policy tool?imaginable, yet our economies remain sluggish?or worse. How did we get here, and how can we?compete and prosper once more?Daniel Alpert argues that a global labor glut,?excess productive capacity, and a rising ocean?of cheap capital have kept the Western economies?mired in underemployment and anemic?growth. We failed to anticipate the impact of?the torrent of labor and capital unleashed by?formerly socialist economies.Many policymakers miss the connection between?global oversupply and the lack of domestic?investment and growth. But Alpert shows?how they are intertwined and offers a bold,?fresh approach to fixing our economic woes.Twitter: @DanielAlpert