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The Age of Stagnation

Why Perpetual Growth Is Unattainable and the Global Economy Is in Peril
Jan 01, 2018pm221 rated this title 2.5 out of 5 stars
Disappointingly, this feels like a never ending list of pessimistic complaints rather than the insightful analysis I had hope for. Some items even feel contradictory ( “rates are going up - that’s bad. Rates are going down - that’s bad”). Whereas all the negative items discussed are real, there is no attempt to balance them with some of the positives that do exist, and this lack of contrast actually weakens the impact of the negative. The need to develop an alternative to economic growth is an important topic and one that drew me to the book in the first place, but in spite of the promise in the sub title is never addressed.