An Extraordinary Time: The End of the Postwar Boom and the Return of the Ordinary Economy
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- Stagnant wages. Feeble growth figures. An angry, disillusioned public.
- The early 1970s witnessed the arrival of the problems that define the twenty-first century.
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Description
- In An Extraordinary Time, Marc Levinson investigates how the economic collapse of the 1970s marked a radical turning point in global economics – and paved the way for the political and financial troubles of the present.
- He begins with the story of the visionary policymakers who rebuilt the global economy from the ruins of World War Two, bringing unprecedented affluence to populations from Washington to Berlin, Nairobi to Tokyo.
- Then he examines why a series of shocks caused this fragile system to collapse, giving way to an era of uncertainty and political extremism that we are still grappling with now.
- Above all, Levinson shows that we must understand the economic disaster of the 1970s if we want to overcome the problems we face today: the sluggish growth and political polarisation that define our time had their origins in the crisis of the post-war economy.
Product Code: 9781847941909
Technical Details
| Publication Information | |
| ISBN-13 | 9781847941909 |
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