Research Catalog

Title

The postcatastrophe economy : rebuilding America and avoiding the next bubble / Eric Janszen.

Author

Janszen, Eric

Publication

New York : Portfolio/Penguin, 2010.

Items in the Library & Off-site

Details

Description

x, 228 p. : ill.; 24 cm.

Summary

The Great Recession was just the beginning, according to sought-after analyst Eric Janszen, who predicted the last two busts well before they happened; if we remain on the current course, an even bigger catastrophe is imminent. Our problems, he maintains, are rooted in the flaws of the debt-driven FIRE economy (Finance, Insurance, and Real Estate), which dwarfs, and is coming close to extinguishing, America's "Productive Economy"--the making and selling of real things. The government's tried-and-true methods of currency depreciation, tax and interest rate cuts, and fiscal stimulus won't cut it this time around. The only way out is to change our fundamental approach. The solution? Use private and public monies to develop major, for-profit infrastructure projects in transportation, energy, and communications. These projects will spark employment and growth, reduce America's dependence on foreign energy and our foreign debt, and improve the efficiency of the economy for decades to come.--From publisher description.

Subject

• Since 2008
• Infrastructure (Economics) > Government policy > United States
• Global Financial Crisis, 2008-2009
• United States > Economic policy > 2009-

Note

• Includes index.

Processing Action (note)

• committed to retain

Contents

The foundations of the FIRE economy, and how they crumbled -- The transitional economy and feedback loops -- Wrongheaded response -- The TECI economy : transportation, energy, communication, and infrastructure -- Peak cheap oil -- Economic and market forecasting in a postbubble world.

ISBN

• 9781591842637
• 1591842638

LCCN

^^2010017341

OCLC

• 276819189
• SCSB-11036161

Owning Institutions

Harvard Library