A Harvard-trained economist's startling predictions reveal critical challenges in the decades ahead, helping individuals, businesses, and governments to make smarter decisions
As individuals, companies, and countries struggle to recover from the economic crisis, many are narrowly focused on forecasts for the next week, month, or quarter. Yet they should be asking what the global economy will look like in the years to come--where will the long-term risks and opportunities arise? These are the questions that Daniel Altman confronts in his provocative and indispensable book.
The fate of the global economy, Altman argues, will be determined by deeper factors than those that move markets from moment to moment. His incisive analysis brings together hidden trends, societal pressures, and policy endgames to make twelve surprising but logical predictions about the years ahead. And his forecasts for the future raise a pressing question for today: With so many challenges awaiting us, are our political and economic institutions up to the task?
Outrageous Fortunes tells which industries will grow, which economies will crumble, which investments will pay off, and where the next big crisis may occur. Altman's carefully reasoned text is an essential guide for the road ahead.
About Daniel AltmanSee more books from this Author
Altman opens by examining the business of economic forecasting, an art and science that could use a few Nostradamuses, but that is hampered by uncertainty—not least the experimental bias by which “predictions themselves may affect the future.” This, writes the author, is often the whole point of ...Jan 04 2011 | Read Full Review of Outrageous Fortunes: The Twel...
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