eBook - ePub
Future
Economic Peril or Prosperity?
- English
- ePUB (mobile friendly)
- Available on iOS & Android
eBook - ePub
About this book
What will the economy look like in fifty years? How will our lives as consumers and workers be transformed by the coming innovations in technology, the marketplace, and the workplace? How will changes in demographics and dependency affect our political system? Will economic freedom rise or fall? What, if anything, would greater prosperity do for one’s total well-being?
Future: Economic Peril or Prosperity? poses these and related questions to a diverse group of economists whose predictions will inspire thoughtful consideration and debate. As co-editor Robert M. Whaples writes in the introductory chapter, “The predicted changes range from innocent innovations that will make life a bit more comfortable...to potentially chilling technologies that might strip our human dignity.”
Just as important as the book’s predictions are its insights into how we should think about an uncertain future. As humorist and social critic P. J. O’Rourke shows in his erudite chapter on self-fulfilling prophecies, wildly wrong predictions are not limited to the likes of a Nostradamous or a Karl Marx: even a Nobel laureate economist running a billion-dollar hedge fund can lose the farm (and other people’s money) through an overly confident misreading of the economic tea leaves. And yet, perhaps only by delving more deeply into long-term forecasting, and reflecting on past mistakes, can we minimize the hubris that so often clouds the judgments of prognosticators in academia, business, and—perhaps especially—government.
Informative, contentious, and at times inspirational, Future: Economic Peril or Prosperity? is an invaluable aid for anyone who understands the need to prepare for the future, even if that future cannot be fully anticipated.
Future: Economic Peril or Prosperity? poses these and related questions to a diverse group of economists whose predictions will inspire thoughtful consideration and debate. As co-editor Robert M. Whaples writes in the introductory chapter, “The predicted changes range from innocent innovations that will make life a bit more comfortable...to potentially chilling technologies that might strip our human dignity.”
Just as important as the book’s predictions are its insights into how we should think about an uncertain future. As humorist and social critic P. J. O’Rourke shows in his erudite chapter on self-fulfilling prophecies, wildly wrong predictions are not limited to the likes of a Nostradamous or a Karl Marx: even a Nobel laureate economist running a billion-dollar hedge fund can lose the farm (and other people’s money) through an overly confident misreading of the economic tea leaves. And yet, perhaps only by delving more deeply into long-term forecasting, and reflecting on past mistakes, can we minimize the hubris that so often clouds the judgments of prognosticators in academia, business, and—perhaps especially—government.
Informative, contentious, and at times inspirational, Future: Economic Peril or Prosperity? is an invaluable aid for anyone who understands the need to prepare for the future, even if that future cannot be fully anticipated.
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Please note we cannot support devices running on iOS 13 and Android 7 or earlier. Learn more about using the app.
Yes, you can access Future by Robert M. Whaples,Christopher J. Coyne,Michael C. Munger in PDF and/or ePUB format, as well as other popular books in Business & Forecasting. We have over one million books available in our catalogue for you to explore.
Information
Table of contents
- Cover
- Title Page
- Copyright
- Table of Contents
- 1 The Economic Future: An Introduction
- 2 From Lemonade Stands to 2065
- 3 Pessimistically Optimistic about the Future
- 4 The Economy in 2065: Predictions and Cautions
- 5 If We Keep Our Ethical Wits, We Can See Over into a Great Enrichment
- 6 The Coming of Peak Gross Domestic Product?
- 7 Why Software Really Will Eat the World—and Whether We Should Worry
- 8 The U.S. Economy: The New Normal and an Unsustainable Future
- 9 Life Is a Battlefield
- 10 The Uber-All Economy of the Future
- 11 Tomorrow 3.0: The Sharing Economy
- 12 Bitcoin and the Future of Digital Payments
- 13 The Connected Home and an Electricity-Market Platform for the Twenty-First Century
- 14 If Government Were Angels, Only Humans Would Be Necessary: A Look at the Economic Prospects of 2065
- 15 The Future of the Economy: Self-Fulfilling Prophecies
- 16 Through the Mist: American Liberty and Political Economy, 2065
- 17 Conclusion and Final Thoughts
- Notes
- Glossary
- References
- Index
- About the Editors and Contributors