购买选项

Kindle电子书价格: ￥101.16

请输入促销代码或礼品卡

“The Only Game in Town: Central Banks, Instability, and Recovering from Another Collapse (English Edition)”，作者：[Mohamed A. El-Erian]

The Only Game in Town: Central Banks, Instability, and Recovering from Another Collapse (English Edition) Kindle电子书

英语版本 Mohamed A. El-Erian (作者) 格式: Kindle电子书

277 评论

|

分享 <分享样章>

显示所有格式和版本隐藏其他格式和版本

亚马逊价格

全新品最低价

非全新品最低价

Kindle电子书

"请重试"

￥101.16

—

Kindle电子书
￥101.16 使用我们的免费Kindle阅读软件

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 choiceswe 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.

页数 : 共314页	生词提示功能: 已启用	更先进的排版模式: 已启用
快速翻书: 已启用	语种：英语

基本信息

ASIN ‏ : ‎ B0165I3V4C
出版社 ‏ : ‎ Random House; 第 Reprint 版 (2016年1月26日)
出版日期 ‏ : ‎ 2016年1月26日
语言 ‏ : ‎ 英语
文件大小 ‏ : ‎ 8535 KB
标准语音朗读 ‏ : ‎ 已启用
X-Ray ‏ : ‎ 未启用
生词提示功能 ‏ : ‎ 已启用
纸书页数 ‏ : ‎ 314页

亚马逊热销商品排名: 商品里排第173,933名Kindle商店 (查看商品销售排行榜Kindle商店)
- 商品里排第121名Economics（经济学）
- 商品里排第162名Data & Databases（数据及数据库）
- 商品里排第257名Politics & Government（政治与政府）

用户评分:
277 评论

无顾客评论

5 星 (0%)		0%
4 星 (0%)		0%
3 星 (0%)		0%
2 星 (0%)		0%
1 星 (0%)		0%

评分是如何计算的？

评论该商品

我要写评论

此商品在美国亚马逊上最有用的商品评论

美国亚马逊： 172 条评论

bluelight

Selling Fear

2018年10月3日 - 已在美国亚马逊上发表

已确认购买

The author seems to believe that the only hope for a world with lots of problems is to centralize economic and fiscal decision making in international bodies. His text comes back to the same themes repeatedly. He doesn't believe that nationalist and populist positions are "good for the world" but that nation's should sacrifice their own best interest by giving away their sovreignty to unelected technocrats. He is well spoken and persuasive but I don't accept his premise.

18 个人发现此评论有用

Victor Bolles

He does a good job presenting the proximate causes of the financial crisis ...

2016年5月28日 - 已在美国亚马逊上发表

已确认购买

Mohamed El-Erian’s new book, The Only Game in Town, analyzes the post-Great Recession financial world where the institutional response is dominated by central bank monetary policy actions. He does a good job presenting the proximate causes of the financial crisis and praises the coordinated reaction of central banks around the world. He further describes how central banks (with a special emphasis on the Federal Reserve Bank) have led the economic policy response to the financial crisis. They have been “the only game in town”. But central banks did not strive to become the dominant player in financial markets. They were forced to fill the void created by the lack of policy decision making from other government and international institutions. Mr. El-Erian showed why the Fed had no other choice. Mr. El-Erian proposes that the “new normal” of low economic growth, low inflation and low interest rates (as described by former Treasury Secretary Larry Summers) can continue for an extended period but is ultimately unsustainable. He asserts that we are coming to an inflection point, or T-junction as he calls it, where the global economy will take on a new course, whether by design or circumstances.

I agree that we are approaching an inflection point but the T-junction Mr. El-Erian describes is narrowly focused on financial markets whereas I believe the inflection point will be much broader and encompass major changes in society. Mr. El-Erian cites ten big challenges before narrowing the proposed policy foci down to four. But Mr. El-Erian makes no specific policy proposals except for some organizational changes to the structure of the IMF (where he once worked). For someone with Mr. El-Erian’s presence on the financial world stage, I was hoping for something more tangible. Instead he seems to digress into recommendations on decision-making techniques that sounded like they were coming from a McKinsey consultant (I kept waiting for the PowerPoint presentation). The decision-making techniques are all good suggestions on how to reach a decision but I was hoping that Mr. El-Erian could throw out some proposals to be considered.

Don’t get me wrong. This is a very good book by one of the top insiders to global financial circles. It has great analyses of the situation in financial markets and has some great insights. I was just hoping for a bit more.

18 个人发现此评论有用

Chris Waldorf

Too theoretical

2020年12月31日 - 已在美国亚马逊上发表

已确认购买

This book is very well written but the solutions are often too much up in the clouds. Most of the focus is on what monetary policy can do versus actual political policies. For example, a key theme is inclusive growth and there is a chapter discussing what central banks can do, which is not much.

Fortunately, in the real world there are major real improvements that can be made in areas of education reform with school choice, decriminalization of minor drug possession and prison reform, and so on. For example, the 2017 tax cuts with lower corporate taxes caused a large increase in jobs reshored from abroad and wage growth among minority groups far outpaced income gains from other groups. This is one concrete example of long hanging fruit that can help inclusive growth.

1 个人发现此评论有用

J. Singh

If you want to understand what is behind the 2020 stock market bubble

2021年1月14日 - 已在美国亚马逊上发表

已确认购买

If you want to understand what is behind the 2020 stock market bubble then read this book. It was recommended by Mark Cuban also. This book is a must read if you want to understand how Central Banks will not be able to lift the economy out of another economic crash. The author’s perspective is very interesting and worth reading. I think anybody can read this book without a lot of technical background in finance.

2 个人发现此评论有用

Plumb

Interesting, if a bit ominous, but not helpful in the real world.

2016年3月22日 - 已在美国亚马逊上发表

已确认购买

What I liked about it was the clear-sighted recognition that the Fed and other central banks aren't evil and our legislators are the ones reneging on their responsibility to govern.

There were two things I didn't like. One was El-Erian's use of language. For example, he has ten issues to which he devotes a chapter each. Each of these chapters starts with an italicized issue. This would work very well, except each time he uses run-on sentences and superfluous adjectives that actually muddle the issue. I found myself going back and restating the issues in a clearer fashion. Second, he repeatedly says that there are specific things that households should do to prepare for the anticipated "T-junction" and to help influence a positive outcome in it. Unfortunately, he never articulates what these things are. Ending with the vague ideas of optionality, agility, and resilience doesn't help me much. In fact, I'd wager many people reading this book don't use the word "optionality" in their daily lives and would be unclear what actions they'd need to take to implement that concept.

14 个人发现此评论有用

互联网药品信息服务资格证书(京)-非经营性-2012-0005	京公网安备11010502030232号	京ICP备11014788号

增值电信业务经营许可证:合字B2-20090004	营业执照:91110000717883277U	出版物经营许可证