000			03130nam a2200229 a 4500
999			_c23047 _d23047
020			_a9780241003794
082			_a338.01 AL AG
100			_aAlpert, Daniel. _950212
245	1	4	_aThe age of oversupply : _bovercoming the greatest challenge to the global economy/ _cDaniel Alpert,
260			_aNew York : _bPortfolio/Penguin, _c c2013.
300			_a280 p. ; _bill. : _c24 cm.
520			_a"Why Western capitalism is broken and how the U.S. can recover its global economic leadership status The governments and central banks of 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 emerge from the longest downturn in recent memory? Daniel Alpert, a progressive Wall Street banker and economist, argues that we are living in the age of oversupply. A global labor glut, a flood of excess productive capacity, and the persistent availability of cheap money have kept the developed world in a perpetual slump-which is unlikely to right itself without new policy solutions. For decades, economists and political leaders failed to see the signs of what became a cataclysmic shift in the global economy. Distracted by a technology boom and massive debt bubble, advanced nations failed to assess the full impact of the flood of labor and capital unleashed by the end of socialist economies until the most recent financial crisis exposed it. As the BRICs (Brazil, Russia, India, and China) and others continue to poach jobs from Western Europe, Japan, and the United States, prosperity in the developed world remains under threat. This is an alarming, insightful take on our current challenges, with bold policy prescriptions, from one of our sharpest economic minds"-- "Daniel Alpert, a progressive Wall Street banker and economist, argues that we are living in the age of oversupply. A global labor glut, a flood of excess productive capacity, and the persistent availability of cheap money have kept the developed world in a perpetual slump--which is unlikely to right itself without new policy solutions. For decades, economists and political leaders failed to see the signs of what became a cataclysmic shift in the global economy. Distracted by a technology boom and massive debt bubble, advanced nations failed to assess the full impact of the flood of labor and capital unleashed by the end of socialist economies until the most recent financial crisis exposed it. As the BRICs (Brazil, Russia, India, and China) and others continue to poach jobs from Western Europe, Japan, and the United States, prosperity in the developed world remains under threat"--
650		7	_aSupply and demand. _946452
650		7	_aUnited States _xEconomic policy _y2009 _950213
650		7	_aGlobal Financial Crisis _y2008-2009. _93347
650		7	_aBUSINESS & ECONOMICS / Economic Conditions. _950214
650		7	_aBUSINESS & ECONOMICS / Economics / General. _910296
650		7	_aBUSINESS & ECONOMICS / Government & Business. _96643
856			_uhttps://uowd.box.com/s/45l0fkjdifsal9x57miepmff2lcjyx2w _zLocation Map