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 tells 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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