Overview

As individuals, companies, and countries struggle to recover from the economic crisis, many are narrowly focused on forecasts for the next week, month, or quarter. Yet they should be asking what the global economy will look like in the years to come--where will the long-term risks and opportunities arise? These are the questions that Daniel Altman confronts in his provocative and indispensable book. The fate of the global economy, Altman argues, will be determined by deeper factors than those that move markets from moment to moment. His incisive analysis brings together hidden trends, societal pressures, and policy endgames to make twelve surprising but logical predictions about the years ahead. And his forecasts for the future raise a pressing question for today: with so many challenges awaiting us, are our political and economic institutions up to the task? Outrageous Fortunes shows which industries will grow, which economies will crumble, which investments will pay off, and where the next big crisis may occur. Altman's carefully reasoned text is an essential guide for the road ahead.

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9781441772275

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Daniel Altman is an economist, journalist, and writer. His previous books are Connected: 24 Hours in the Global Economy and Neoconomy: George Bush's Revolutionary Gamble with America's Future. He was formerly an economic advisor to the British government and a columnist at the Economist, New York Times, and International Herald Tribune. William Hughes is a professor of political science at Southern Oregon University in Ashland, Oregon. He received his doctorate in American politics from the University of California, Davis. He has done voice-over work for radio and film and is also an accomplished jazz guitarist.

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