Imprint: Random House Business
Published: 04/05/2017
ISBN: 9781847941916
Length: 336 Pages
Dimensions: 198mm x 20mm x 129mm
Weight: 234g
RRP: £9.99
A Washington Post and Strategy+Business Book of the Year.
Stagnant wages. Feeble growth figures. An angry, disillusioned public. The early 1970s witnessed the arrival of the problems that define the twenty-first century.
In An Extraordinary Time, Marc Levinson investigates how the oil crisis of the 1970s marked a radical turning point in global economics: and paved the way for the political and financial troubles of the present. Tracing the remarkable transformation of the global economy in the years after World War II, Levinson explores how decades of spectacular economic growth ended almost overnight – giving way to an era of uncertainty and political extremism that we are still grappling with. Above all, Levinson shows that we must understand the economic disaster of the 1970s if we want to overcome the problems we face today. By focusing on a pivotal but often overlooked moment in the twentieth century, An Extraordinary Time offers a crucial and timely reappraisal of our age.
‘A smoothly written account of the US and the world economy during the 1970s.’ Wall Street Journal
‘A valuable antidote to all passionately held economic ideologies.’ Times Literary Supplement
‘Provocative . . . Levinson reminds us how mesmerising the post-war boom really was.’ Washington Post
‘Lucid, well-paced, and entwined with vivid sketches of economists, central bankers, and politicians.’ Publishers Weekly
Imprint: Random House Business
Published: 04/05/2017
ISBN: 9781847941916
Length: 336 Pages
Dimensions: 198mm x 20mm x 129mm
Weight: 234g
RRP: £9.99
A smoothly written account of the U.S. and the world economy during the 1970s and parts of the 1980s . . . Mr. Levinson is a smart enough author not to be tempted into some breathless mono-causal account of either the earlier “boom” or the later slowdown.
An efficiently presented chronology of the global economy since the end of World War II . . . Weaving together data and narrative, [Levinson] shows how productivity growth foundered and the irritant of inflation appeared and would not leave.
Provocative . . . Levinson reminds us how mesmerizing the post-World War II boom was.
A valuable antidote to all passionately held economic ideologies.
Levinson, an economist and ex-journalist . . . has the virtues of both — an eye for detail and an understanding of the broader picture.