Great Boom Ahead: Your Guide to Personal & Business Profit in the New Era of Prosperity

by Harry S. Dent Jr.

Overview

Predicting the decline of Japan and the re-emergence of the United States as the most powerful economy on the planet, the Harvard economist offers readers practical advice on taking advantage of the situation.

Product Details

ISBN-13:	9781562827588
Publisher:	Hachette Books
Publication date:	01/01/1994
Edition description:	Reprint
Pages:	288
Sales rank:	716,329
Product dimensions:	5.50(w) x 8.25(h) x (d)
Age Range:	13 - 18 Years

About the Author

Harry Dent manages his own consulting firm, the H. S. Dent Company, and has spent the last ten years working with leading-edge companies. Since 1986 he has been researching and reporting on economic cycles. He received his M.B.A. as a Baker Scholar from Harvard Business School. He lives in Moss Beach, California, with his wife, Cee.

Editorial Reviews

Business consultant Dent here forecasts "a long unprecedented boom without inflation'' to coincide in the late 1990s with the "baby-boom'' generation's years of maximum lifetime spending. Economic trends are absolutely predictable, the author claims, as he interrelates productivity, politics and demography with interest rates, inflation, deficits and unemployment to show how a post-WW II "automobile economy'' will yield presently to a global, U.S.-led, "customized'' economy based on minicomputers and software under personalized entrepreneurial management. Analyzing industrial cycles from 1900 into the near future, Dent postulates four product-development stages: innovation (with only high-ticket buyers), a cost-reduction-growth boom, a competitive shake-out period and a "maturity boom'' at popular prices. Identifying items entering this process (winter-sports duds yes, VCRs no) is the basis for business or investment success, according to Dent, whose scenario seems to assume stable conditions with no irrational financial panics, oil crises, world epidemics, Cold War revivals or aborted population trends.

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