Money for Nothing: Real Wealth, Financial Fantasies and the Economy of the Future

by Roger Bootle

Book Overview

The world is at a critical juncture, poised delicately between a surge in wealth and a descent into outright recession. In The Death of Inflation, Roger Bootle rocked the economic establishment with... This description may be from another edition of this product.

• Format: Hardcover
• Language: English
• ISBN: 1857882822
• ISBN13: 9781857882827
• Release Date: January 2004
• Publisher: Nicholas Brealey Publishing
• Length: 388 Pages
• Weight: 1.60 lbs.
• Dimensions: 1.3" x 6.4" x 9.3"

Customer Reviews

Highly Recommended!

A decade ago, economist Roger Bootle won respect for correctly predicting a long period of low inflation. In this wide-ranging look at the world economy, Bootle trades on that credibility to explain the origins of the dot-com bubble and to argue that the economy is in the midst of a housing bubble. He makes the convincing argument that stock-market gains are often little more than ephemera and he explores the idea of a knowledge-based economy. Bullish readers will be put off by Bootle's gloom and doom. Deflation has yet to occur, and the housing bubble he harps on has yet to burst in the time span since this work's publication. Still, we recommend this intriguing title to investors interested in a contrarian view of the markets and the economy.