Money For Nothing: Real Wealth, Financial Fantasies and The Economy of the Future

Money For Nothing: Real Wealth, Financial Fantasies and The Economy of the Future

by RogerBootle (Author)

Synopsis

The world is at a critical juncture, poised between a surge in wealth and descent into outrightslump. Now, Roger Bootle embraces controversy again with a fascinating book which analyses the prospect for the future after the great illusion of the stock market bubble - 'money for nothing'. Yet, Bootle argues that if we can avoid the twin perils of protectionism and a property slump, there is a positive prospect for a global leap in real wealth in the future through an acceleration in the new, intangible economy - money for nothing. The world is on the brink of another leap forward in productive capacity and wealth which is the equivalent of the transformation which took place in our lives with the industrial revolution and the discovery of North America rolled into one - and collapsed into a couple of decades. The result may be a change in our circumstances which will make our lives today every bit as different to the next generation as those of two hundred years ago.

$3.30

Save:$13.27 (80%)

Quantity

2 in stock

More Information

Format: Paperback
Pages: 300
Publisher: Nicholas Brealey Publishing
Published: 13 Oct 2005

ISBN 10: 1857882830
ISBN 13: 9781857882834

Media Reviews
A visionary tour de force for a prosperous 21st century. David Charters, Management Today Aimed at the general reader as much as the devotees of the dismal science, this is a thoroughly enjoyable read. John Plender, Financial Times Roger Bootle is absolutely right to say the bubble mentality is still with us ... Bootle broke new ground in the mid 1990's and he does it again in his new book Money for Nothing. Larry Elliott, The Guardian There is much of value in this book. Anyone with an interest in economics will benefit from his clear description of the benefits of free trade and the dangers of deflation; private investors should read his chapter on the 'financial fantasies' evident in recent years. Few readers will finish without being stimulated and provoked. Philip Coggan, Financial Times Roger Bootle is one of the few City economists whose views I trust. He rarely runs with the pack, and more often than not his contrarian approach is proved correct. Better still he deals in plain English, not gobbledegook econo-speak. His new book on life's harsh realities will make you sit up and think. Jeff Randall, BBC Business Editor I would suggest that anyone with a desire to understand the present state of the world economy and its possible near-term direction should read this book. Lloyd's List In his well-argued book Money for Nothing, Bootle makes a chilling case for a property market crash not just in the UK, but across the western world. Henry Tricks, Financial Times Roger Bootle's analysis of the financial bubbles of the last few years and the hubris that they produced is penetrating and wise. Fortunately, he is optimistic about the potential for recovery for our newly globalised economy, but I hope that the policy makers will study his prescription as they try to steer us back to a more secure growth in wealth. The Right Honourable Kenneth Clarke, QC, MP We saw it all. Now Roger Bootle tells us what it means and will mean for the future. This absorbing book tackles, head on, some of the greatest economic challenges of our time. Sir Brian Pitman, Former Chairman, Lloyd's TSB Group Money for Nothing is nothing short of a great economic vision and a magnificent blueprint for a global society. Professor Dr. Norbert Walter, Chief Economist, Deutsche Bank Group Money for Nothing conveys profound ideas about our economic prospects in a straight-talking, challenging and even amusing way. The passage it charts through the difficult times of the present to a globalised future of great prosperity carries provocative messages for every business, pinpointing those parts of the economy which will expand, those which will migrate to other countries and those whose success will come to depend upon the advance of China and India. This book is vintage Roger Bootle. John Connolly, Chief Executive, Deloitte &Touche
Author Bio
Roger Bootle is one of the the world's best-known economists. Formerly Group Chief Economist at HSBC, he is now Managing Director of Capital Economics, an independent economic consultancy and Economic Advisor to Deloitte & Touche.He is a regular columnist on The Sunday Telegraph and a wellknown broadcaster on radio and television.