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The Shifts and the Shocks audiobook
- By: Martin Wolf
- Category: Business & Economics, Economics, International
- Length: 14 hours 53 minutes
- Publisher: Ascent Audio
- Publish date: October 01, 2014
- Language: English
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The Shifts and the Shocks Audiobook Summary
From the chief economic commentator for the Financial Times, a brilliant tour d’horizon of the new global economy and its trajectory
There have been many books that have sought to explain the causes and courses of the financial and economic crisis which began in 2007-8. The Shifts and the Shocks is not another detailed history of the crisis, but the most persuasive and complete account yet published of what the crisis should teach us about modern economies and economics.
The book identifies the origin of the crisis in the complex interaction between globalization, hugely destabilizing global imbalances and our dangerously fragile financial system. In the eurozone, these sources of instability were multiplied by the tragically defective architecture of the monetary union. It also shows how much of the orthodoxy that shaped monetary and financial policy before the crisis occurred was complacent and wrong. In doing so, it mercilessly reveals the failures of the financial, political and intellectual elites who ran the system.
The book also examines what has been done to reform the financial and monetary systems since the worst of the crisis passed. “Are we now on a sustainable course?” Wolf asks. “The answer is no.” He explains with great clarity why “further crises seem certain” and why the management of the eurozone in particular “guarantees a huge political crisis at some point in the future.” Wolf provides far more ambitious and comprehensive plans for reform than any currently being implemented.
Written with all the intellectual command and trenchant judgment that have made Martin Wolf one of the world’s most influential economic commentators, The Shifts and the Shocks matches impressive analysis with no-holds-barred criticism and persuasive prescription for a more stable future. It is a book no one with an interest in global affairs will want to neglect.
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About the Author(s) of The Shifts and the Shocks
Martin Wolf is the author of The Shifts and the Shocks
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The Shifts and the Shocks Full Details
| Length | 14 hours 53 minutes |
| Author | Martin Wolf |
| Category | |
| Publisher | Ascent Audio |
| Release date | October 01, 2014 |
| ISBN | 9781469092218 |
Subjects
The publisher of the The Shifts and the Shocks is Ascent Audio. includes the following subjects: Business & Economics, International, Economics The BISAC Subject Code is Business & Economics, Economics, International
Additional info
The publisher of the The Shifts and the Shocks is Ascent Audio. The imprint is Ascent Audio. It is supplied by Ascent Audio. The ISBN-13 is 9781469092218.
Global Availability
This book is only available in the United States.
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