• The Age of Oversupply

  • Overcoming the Greatest Challenge to the Global Economy
  • By: Daniel Alpert
  • Narrated by: Don Hagen
  • Length: 10 hrs and 34 mins
  • 4.3 out of 5 stars (45 ratings)

1 title per month from Audible’s entire catalog of best sellers, and new releases.
Access a growing selection of included Audible Originals, audiobooks and podcasts.
You will get an email reminder before your trial ends.
Your Premium Plus plan is $14.95 a month after 30 day trial. Cancel anytime.
The Age of Oversupply  By  cover art

The Age of Oversupply

By: Daniel Alpert
Narrated by: Don Hagen
Try for $0.00

$14.95/month after 30 days. Cancel anytime.

Buy for $20.99

Buy for $20.99

Pay using card ending in
By confirming your purchase, you agree to Audible's Conditions of Use and Amazon's Privacy Notice. Taxes where applicable.

Publisher's Summary

Why Western capitalism is broken and how the U.S. can recover its global economic leadership status.

The governments and central banks of the developed world have tried every policy tool imaginable, yet our economies remain sluggish, or worse. How did we get here, and how can we emerge from the longest downturn in recent memory? Daniel Alpert, a progressive Wall Street banker and economist, argues that we are living in the age of oversupply. A global labor glut, a flood of excess productive capacity, and the persistent availability of cheap money have kept the developed world in a perpetual slump - which is unlikely to right itself without new policy solutions. For decades, economists and political leaders failed to see the signs of what became a cataclysmic shift in the global economy. Distracted by a technology boom and massive debt bubble, advanced nations failed to assess the full impact of the flood of labor and capital unleashed by the end of socialist economies until the most recent financial crisis exposed it. As the BRICs (Brazil, Russia, India, and China) and others continue to poach jobs from Western Europe, Japan, and the United States, prosperity in the developed world remains under threat. This is an alarming, insightful take on our current challenges, with bold policy prescriptions, from one of our sharpest economic minds.

©2013 Daniel Alpert (P)2013 Gildan Media LLC

What listeners say about The Age of Oversupply

Average Customer Ratings
Overall
  • 4.5 out of 5 stars
  • 5 Stars
    27
  • 4 Stars
    10
  • 3 Stars
    4
  • 2 Stars
    2
  • 1 Stars
    2
Performance
  • 4.5 out of 5 stars
  • 5 Stars
    21
  • 4 Stars
    13
  • 3 Stars
    4
  • 2 Stars
    1
  • 1 Stars
    1
Story
  • 4 out of 5 stars
  • 5 Stars
    19
  • 4 Stars
    11
  • 3 Stars
    5
  • 2 Stars
    2
  • 1 Stars
    3

Reviews - Please select the tabs below to change the source of reviews.

Sort by:
Filter by:
  • Overall
    3 out of 5 stars
  • Performance
    4 out of 5 stars
  • Story
    2 out of 5 stars

Great book but now out of date

Great book but now five years out of date and not relevant in light of recent politics and growth.