The Only Game in Town

Using a mix of insights from economics, finance, and behavioral science, this book gives us the tools we need to properly understand this turning point, prepare for it, and come out of it stronger.

The Only Game in Town

The Only Game in Town

NEW YORK TIMES BESTSELLER • A roadmap to what lies ahead and the decisions we must make now to stave off the next global economic and financial crisis, from one of the world’s most influential economic thinkers and the author of When Markets Collide • Updated, with a new chapter and author’s note “The one economic book you must read now . . . If you want to understand [our] bifurcated world and where it’s headed, there is no better interpreter than Mohamed El-Erian.”—Time Our current economic path is coming to an end. The signposts are all around us: sluggish growth, rising inequality, stubbornly high pockets of unemployment, and jittery financial markets, to name a few. Soon we will reach a fork in the road: One path leads to renewed growth, prosperity, and financial stability, the other to recession and market disorder. In The Only Game in Town, El-Erian casts his gaze toward the future of the global economy and markets, outlining the choices we face both individually and collectively in an era of economic uncertainty and financial insecurity. Beginning with their response to the 2008 global crisis, El-Erian explains how and why our central banks became the critical policy actors—and, most important, why they cannot continue is this role alone. They saved the financial system from collapse in 2008 and a multiyear economic depression, but lack the tools to enable a return to high inclusive growth and durable financial stability. The time has come for a policy handoff, from a prolonged period of monetary policy experimentation to a strategy that better targets what ails economies and distorts the financial sector—before we stumble into another crisis. The future, critically, is not predestined. It is up to us to decide where we will go from here as households, investors, companies, and governments. Using a mix of insights from economics, finance, and behavioral science, this book gives us the tools we need to properly understand this turning point, prepare for it, and come out of it stronger. A comprehensive, controversial look at the realities of our global economy and markets, The Only Game in Town is required reading for investors, policymakers, and anyone interested in the future.

More Books:

The Only Game in Town
Language: en
Pages: 352
Authors: Mohamed A. El-Erian
Categories: Business & Economics
Type: BOOK - Published: 2016-01-26 - Publisher: Random House

NEW YORK TIMES BESTSELLER • A roadmap to what lies ahead and the decisions we must make now to stave off the next global economic and financial crisis, from one of the world’s most influential economic thinkers and the author of When Markets Collide • Updated, with a new chapter
The Only Game in Town
Language: en
Pages: 512
Authors: David Remnick
Categories: Sports & Recreation
Type: BOOK - Published: 2010-06-08 - Publisher: Random House

For more than eighty years, The New Yorker has been home to some of the toughest, wisest, funniest, and most moving sportswriting around. The Only Game in Town is a classic collection from a magazine with a deep bench, including such authors as Roger Angell, John Updike, Don DeLillo, and
The Only Game in Town
Language: en
Pages: 214
Authors: Robert M. Garrow
Categories: Baseball
Type: BOOK - Published: 2009-01-01 - Publisher:

Books about The Only Game in Town
The Only Game in Town
Language: en
Pages: 211
Authors: John Bibee
Categories: Juvenile Fiction
Type: BOOK - Published: 1988-06-28 - Publisher: InterVarsity Press

Daniel, a new boy in Centerville, struggles over whether to join the evil but tempting Cobra Club or align himself with the children who ride the Spirit Flyer bicycles.
The Only Game in Town
Language: en
Pages: 214
Authors: Hank Messick, Burt Goldblatt
Categories: Gambling
Type: BOOK - Published: 1976-01-01 - Publisher:

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