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When the Money Runs Out: The End of Western Affluence Paperback – 4 Mar 2014

3.7 out of 5 stars 43 customer reviews

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Product details

  • Paperback: 304 pages
  • Publisher: Yale University Press; Reprint edition (4 Mar. 2014)
  • Language: English
  • ISBN-10: 0300205236
  • ISBN-13: 978-0300205237
  • Product Dimensions: 19.6 x 13 x 2.8 cm
  • Average Customer Review: 3.7 out of 5 stars 43 customer reviews
  • Amazon Bestsellers Rank: 396,650 in Books (See Top 100 in Books)
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Review

"'For many, the financial crisis is a temporary interruption in the rise of western prosperity that is due to easily remedied policy mistakes. The Keynesians believe this, as do anti-Keynesians on the free-market right. King argues, instead, that the future is not what it used to be. We have made promises to ourselves we cannot afford to keep. The argument is important.' (Martin Wolf, Financial Times) 'Well-written, thoughtful and highly convincing... King's clear-eyed assessment of the problems ahead makes the book essential reading.' (The Economist) 'The conclusions are clear and compelling... The book should appeal to a wider audience than economists. The author is a newspaper columnist as well as a professional economist, and it shows in the crisp and easy style of his prose. I recommend it heartily.' (Erik Britton, Management Today) 'an interesting and well-written book' (Paul Ormerod, City AM) 'The book is jammed full of history and is highly readable - being rich in the economic history that he argues was lacking in pre-crisis economic analysis. It is accompanied by some wonderful anecdotes and provides a good mix of economics and politics in addition to its historical detail.' (George Buckley, Financial World) 'Overall, as Charles Moore notes in The Daily Telegraph, 'it's alarmingly difficult to disagree' with this book.' (Matthew Partridge, Money Week)"

About the Author

Stephen D. King is Group Chief Economist and Global Head of Economics and Asset Allocation research at HSBC. He lives in London.



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