The Age of Oversupply: Overcoming the Greatest Challenge to the Global Economy

( 5 )

Overview

Governments and central banks across the developed world have tried every policy tool imaginable, yet our economies remain sluggish or worse. How did we get here, and how can we compete and prosper once more?

Daniel Alpert argues that a global labor glut, excess productive capacity, and a rising ocean of cheap capital have kept the Western economies mired in underemployment and anemic growth. We failed to anticipate the impact of the ...

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The Age of Oversupply: Overcoming the Greatest Challenge to the Global Economy

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Overview

Governments and central banks across the developed world have tried every policy tool imaginable, yet our economies remain sluggish or worse. How did we get here, and how can we compete and prosper once more?

Daniel Alpert argues that a global labor glut, excess productive capacity, and a rising ocean of cheap capital have kept the Western economies mired in underemployment and anemic growth. We failed to anticipate the impact of the torrent of labor and capital unleashed by formerly socialist economies.

Many policymakers miss the connection between global oversupply and the lack of domestic investment and growth. But Alpert shows how they are intertwined and offers a bold, fresh approach to fixing our economic woes.

Twitter: @DanielAlpert

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What People Are Saying

From the Publisher
“Alpert does a magnificent job of analyzing the deeper underlying causes of our economic troubles.”
—Liaquat Ahamed, author of Lords of Finance

“A fascinating new book.”
—Martin Wolf, The Financial Times

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Product Details

  • ISBN-13: 9781591845966
  • Publisher: Penguin Group (USA)
  • Publication date: 9/26/2013
  • Pages: 288
  • Sales rank: 312,282
  • Product dimensions: 6.36 (w) x 9.26 (h) x 1.00 (d)

Meet the Author

Daniel Alpert is founding managing partner of investment bank Westwood Capital, LLC. He is widely quoted in the business media and is a fellow in economics of the Century Foundation, the country’s oldest policy think tank. He lives in New York.

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Customer Reviews

Average Rating 5
( 5 )
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Sort by: Showing all of 5 Customer Reviews
  • Anonymous

    Posted October 25, 2013

    I hesitate to write a review for a book that will certainly upse

    I hesitate to write a review for a book that will certainly upset everyone today.  Conservatives will object because Bush is criticized.  Liberals will revolt because Democrats are criticized.  No one will enjoy reading what the author says BUT---
    this said, it is one of the clearest explanations of the problems facing not just the US but the entire planet.  It is written in easy to understand terms and the author walks you through each step of the problem as it has unfolded to date.  His forecast is also, in my opinion, spot on.
    A great book for anyone not afraid of reading "outside the box" to better understand today's issues.

    Was this review helpful? Yes  No   Report this review
  • Anonymous

    Posted October 1, 2013

    Terrific assessment of the macro-level problems facing the devel

    Terrific assessment of the macro-level problems facing the developed world. Alpert presents a clear examination of why certain economic and monetary policies have and will continue to fail, while presenting some well-researched evidence in support of alternate solutions. A smart, enlightening read sure to provoke much thought.

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  • Anonymous

    Posted September 30, 2013

    Age of Oversupply truly makes you stop and think. Excellent read

    Age of Oversupply truly makes you stop and think. Excellent read!

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  • Anonymous

    Posted September 30, 2013

    In his clear and concise style, Daniel Alpert nails it. Wonderfu

    In his clear and concise style, Daniel Alpert nails it. Wonderful reading.

    Was this review helpful? Yes  No   Report this review
  • Anonymous

    Posted April 4, 2014

    No text was provided for this review.

Sort by: Showing all of 5 Customer Reviews

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