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A Banquet of Consequences Satyajit Das

A Banquet of Consequences By Satyajit Das

A Banquet of Consequences by Satyajit Das


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A Banquet of Consequences Summary

A Banquet of Consequences: The reality of our unusually uncertain economic future by Satyajit Das

The current environment of zero-cost money, concentrated bank power, and anaemic productive growth has coalesced not by accident or economic cycle but by wilful choice. Das warns that without significant change, the only possible future holds dire consequences for all but an elite few. His tone is as urgent as the problem. All central bankers, politicians, and citizens should heed his words. Nomi Prins, author of Other People's Money and All the Presidents' Bankers Written with passion and insight, and laden with facts, the book provides a clear explanation of the economic, social, and political issues that lie ahead, and the difficulty in solving them. Jon Markman, Forbes columnist and president and publisher of Markman Capital Insight A Banquet of Consequences is an intricately researched, decisively written and devastating analysis of today's economy. Satyajit Das connects disparate strands of a story, and in doing so delivers a damning critique of global economic policies of the last 50 years. He argues that governments and citizens of every political hue are now so addicted to growth and resistant to change, that a prolonged period of chronic stagnation, sustained by large infusions of monetary morphine and continuous interventions, or an unavoidable financial, political and social breakdown are the only possible outcomes.

About Satyajit Das

Satyajit Das is an internationally respected expert in finance with over 30 years' experience. He has worked for the 'sell side' (Citicorp Investment Bank and Merrill Lynch), the 'buy side' (as Treasurer of the TNT Group), and as a consultant advising banks, investors, corporations, and central banks worldwide. Das was selected as one of the 50 most influential financial thinkers in the world by Bloomberg in 2014.

Table of Contents

PROLOGUE: Reality Bites GREAT EXPECTATIONS: Postwar Booms and Busts BORROWED TIMES: Causes of the Global Financial Crisis and the Great Recession ESCAPE VELOCITY: The Power and Impotence of Economic Policies THE END OF GROWTH: The Factors Driving Secular Stagnation and the New Mediocre RUNNING ON EMPTY: The Resource and Environmental Constraints on Growth CIRCLING THE WAGONS: Globalisation in Reverse BRIC(S) TO BITS: The Rise and Fall of Emerging Markets ECONOMIC APARTHEID: The Impact of Rising Inequality on Growth THE END OF TRUST: How a Democracy Deficit Harms Economic Activity COLLATERAL DAMAGE: The Fallout for Ordinary Lives EPILOGUE: Final Orders Notes Acknowledgements Selected Further Reading Index

Additional information

GOR007731700
9781292123806
129212380X
A Banquet of Consequences: The reality of our unusually uncertain economic future by Satyajit Das
Used - Very Good
Paperback
Pearson Education Limited
20160318
352
N/A
Book picture is for illustrative purposes only, actual binding, cover or edition may vary.
This is a used book - there is no escaping the fact it has been read by someone else and it will show signs of wear and previous use. Overall we expect it to be in very good condition, but if you are not entirely satisfied please get in touch with us

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