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The Coming Prosperity disarms the current narratives of fear and brings to light the vast new opportunities in the expanding global economy.
Many Americans are enjoying the fruits of prosperity. Unemployment and inflation are low and it seems that everyone is driving a sport utility vehicle. But is this a prosperity that's reserved for the upper middle class, the folks driving the Jeep Cherokees? Or is something more fundamental happening? The answers are crucial for anyone interested in how America is changing--from corporate executives to policy makers to the average person keeping up with current issues. Bob Davis and David Wessel have spent thousands of hours in living rooms and workplaces around the country, and they show conclusively that the recent good economic news not only is here to stay but is the start of twenty years of broad-based prosperity. Prosperity tells stories about how the lives of the middle class are changing for the better. These are the people who are still being wrongly consigned b y prophets of doom and gloom to the sidelines of the new high-tech economy. People like: Randy Kohrs, whose training in respiratory therapy at a local community college has lifted him from dead-end, minimum-wage jobs into the ranks of the middle class Teresa Wooten, a former worker in a low-wage South Carolina clothing factory, who is now a supervisor in a German-owned factory The workers at the Allen-Bradley plant in Milwaukee, who are benefiting in wages and transferable job skills form the company's recent computer automation These and many other remarkable stories bring together the three trends that will be the basis for a new, middle-class prosperity: Our $2 trillion investment in computer and communications technology will finally pay off in faster productivity growth, a morerapidly growing economy, and rising living standards. Community colleges are helping millions of Americans move from $7-an-hour jobs. This unheralded change in U.S. education will help reverse the forces that have widened the chasm between more-educated and less-educated workers. Globalization--much maligned by pundits on the left and the right--will create new and better jobs by U.S. companies that export to developing countries and by foreign companies that build plants and offices in the United States. Davis and Wessel's front-line account, combined with persuasive evidence of the tangible benefits reaching the middle class, proves that the American dream is not only alive and well, but will reach more people than ever before.
Ours is the most dynamic era in human history. The benefits of four centuries of technological and organizational change are at last reaching a previously excluded global majority. This transformation will create large-scale opportunities in richer countries like the United States just as it has in poorer countries now in the ascent. In The Coming Prosperity, Philip E. Auerswald argues that it is time to overcome the outdated narratives of fear that dominate public discourse and to grasp the powerful momentum of progress. Acknowledging the gravity of today's greatest global challenges--like climate change, water scarcity, and rapid urbanization--Auerswald emphasizes that the choices we make today will determine the extent and reach of the coming prosperity. To make the most of this epochal transition, he writes, the key is entrepreneurship. Entrepreneurs introduce new products and services, expand the range of global knowledge networks, and, most importantly, challenge established business interests, maintaining the vitality of mature capitalist economies and enhancing the viability of emerging ones. Auerswald frames narratives of inspiring entrepreneurs within the sweep of human history. The book's deft analysis of economic trends is enlivened by stories of entrepreneurs making an outsize difference in their communities and the world--people like Karim Khoja, who led the creation of the first mobile phone company in Afghanistan; Leila Janah, who is bringing digital-age opportunity to talented people trapped in refugee camps; and Victoria Hale, whose non-profit pharmaceutical company turned an orphan drug into a cure for black fever. Engagingly written and bracingly realistic about the prospects of our historical moment, The Coming Prosperity disarms the current narratives of fear and brings to light the vast new opportunities in the expanding global economy.
A guide for protecting your wealth in an age of turbulent business cycles In Prosperity in the Age of Decline, Brian and Alan Beaulieu—the CEO and President of the Institute for Trend Research® (ITR)—offer an informed, meticulously-researched look at the future and the coming Great Depression. Drawing on ITR's 94.7% forecast accuracy rate, the book outlines specific, actionable strategies for capitalizing on cyclical opportunities and dodging economic danger. In this important resource, the authors reveal what it will take for individual investors and business leaders to prosper as the economy heats up prior to the predicted downturn, preserve wealth in the upcoming Great Depression, and profit on the way out of the depression. The imbalances and maladjustments have a while to play out and the authors pinpoint the investment opportunities to be had in the countdown period. The Beaulieu's examine the major economic trends at play, such as low interest rates, burgeoning government debt, and an aging population. They discuss which trends will last and what investors should do with this knowledge in order to thrive. The book also reviews the group of leading economic indicators that most consistently achieve reliable results for predicting where the economy is headed. Designed as a useful tool for investors, the book includes a working list of key trends, describes the upside potential of each trend, and explains the potential threat stemming from a particular trend. Understanding how to capitalize on these trends and knowing how to avoid the common pitfalls are the keys to creating a solid economic future for individual investors and business leaders. Contains the strategies for capitalizing on cyclical opportunities and avoiding economic dangers Offers an examination of major economic trends Includes information on the leading economic indicators that most reliably achieve results Shows how to preserve wealth and avoid the most common investing pitfalls This comprehensive resource offers guidelines for averting cyclical downturns and building on rising industry trends.
STOCK MARKET CRASH FEDERAL BANK BAILOUT NEW WORLD ORDER First volume in Dave Hunt Classic Series now available! Peace, Prosperity, and the Coming Holocaust Planet Earth is on the brink of an incredible change...but for good or evil? Will there be total economic collapse followed by nuclear holocaust? So begins the dust-jacket copy to Dave Hunts 1983 best-seller. Twenty-five years ago, this title stood unique on conservative bookshelves crowded with doom and gloom predictions for the future U.S. economy. Though the Reaganomics of President Ronald Reagan 1980-1988 withstood the test of time, the economic turnaround of the 1980s and the prosperity it generated for years to come has since been recast as a decade of greed by those in power who now seek to spread the wealth around. Now, over two decades later, the stock market crash, sub-prime mortgage crisis, and scandalous trillion-dollar bank bailout of 2008combined with the election of a liberal President with radical, socialist-revolutionary definitions of hope and changehave caused many to agree that the doom and gloom prophesies of the 1970s and 80s are now being fulfilled, and the worst may be yet to come. Once more, both rampant speculation and dire circumstance are causing a growing number of Christians and non-Christians to dust off Gods Word in search of answers to anxious questions: Are capitalism and free enterprise dead? Will a new economic world order be established prior to the reign of Antichrist? Will Marxism prevail as our next form of government? Have the outrageous conspiracy theories of the past several decades regarding the planned, subversive dismantling of U.S. sovereignty and independence in order to bring about global government been now cast asideor vindicated? Are the current geo-political and economic signs of the times indicators of the prophesied Last Days and the soon return of Jesus Christ for His church? Whats next on the prophetic calendar? In this timely reprint of Dave Hunts classic 1983 work, the author holds a remarkably steady balance between history and biblical prophecy that has withstood the test of time. The Bible declares that one-world government and universal New Age religion are coming. When we take Gods Word seriously, says noted author and cult expert Dave Hunt, a door swings open to fascinating new insights...provided only that we take into consideration certain factors that most experts on the futureboth Christian and nonchristianhave overlooked. This is no ordinary gloom-and-doom forecast, but a startling revelation of facts not commonly known. Readers will gain valuable insight for todayand tomorrowfrom this fascinating perspective Dave Hunt calls a contrary scenario.
A captivating first-person look at one of the world's most powerful prosperity dynasties that offers a unique perspective on greed, the Church, and the journey toward Truth. Millions desperate for hope and solutions are enticed by the promise of the prosperity gospel--that God will do whatever they need with just a little faith and a financial gift. All the while, prosperity preachers exploit the poor and needy to stockpile their riches. What can followers of the true gospel do to combat the deception? Through a remarkable and fascinating journey, Costi Hinn went from a next-generation prosperity preacher to the first to abandon the family faith and share the true gospel. Nephew of the world-famous televangelist, Benny Hinn, Costi had a front-row seat to the inner workings and theology of the prosperity gospel. But as Costi's faith deepened, so did his questions about prosperity teaching. As the deceptions in his past were exposed, Costi came face to face with the hypocrisy and devastation caused by his belief system, and the overwhelming truth about the real Jesus Christ. This captivating look into the daily lives of one of the world's leading prosperity dynasties offers a thoughtful perspective on the perils of greed, the power of the true gospel, and hope for the future of the global church. Through real-life stories, Costi challenges and equips readers to be living lights pointing the way to the true gospel and the saving grace of Christ. God, Greed, and the (Prosperity) Gospel will bolster your faith and encourage your own journey toward the Truth. Spanish edition also available.
This optimistic text examines and predicts the 40-year period from 1980-2020 as the key years of a remarkable economic transformation.
Since the Global Financial Crisis, we have been approaching a crossroad in modern human history. The top 1 percent of people own more than half of the world’s wealth, while hundreds of millions suffer in extreme poverty. Governments quarrel over the politics of environmental policy, even as climate change poses an existential threat to life on the planet. And communities “hollowed out” by the forces of globalization still struggle to stand on their feet. How can we even begin to contemplate solutions to such immense and persistent problems? In Powering Prosperity: A Citizen’s Guide to Shaping the 21st Century, Dr. Indranil Ghosh brings together his decades of experience as a sustainable economic development investor, an entrepreneur, and an MIT-trained scientist, to provide a new framework for understanding the world’s challenges and the choices societies must make to address them. Central to Dr. Ghosh’s roadmap for positive change is a more inclusive form of governance, a collaborative model of long-term investment between public and private capital, and the empowerment of local communities to unleash their innovative and entrepreneurial energy.
CONSIDER THIS SHOCKING FACT: while China’s number one export to the United States is $46 billion of computer equipment, the number one export from the U.S. to China is waste—$7.6 billion of waste paper and scrap metal. Bestselling author Clyde Prestowitz reveals the astonishing extent of the erosion of the fundamental pillars of American economic might—beginning well before the 2008 financial crisis—and the great challenge we face for the future in competing with the economic juggernaut of China and the other fast-rising economies. As the arresting facts he introduces show, the U.S. is rapidly losing the basis of its wealth and power, as well as its freedom of action and independence. If we do not make dramatic changes quickly, we will confront a painful permanent slide in our standard of living; the dollar will no longer be the world’s currency; our military strength will be whittled away; and we will be increasingly subject to the will of China, Russia, Saudi Arabia, and various malcontents. But it doesn’t have to be that way. As Prestowitz shows in a masterful account of how we’ve come to this fateful juncture, we have inflicted our economic decline on ourselves—we abandoned the extraordinary approach to growth that drove the country’s remarkable rise to superpower status from the early days of the republic up through World War II. For most of our history, we supported our home industries, protected our market against unfair trade, made the world’s finest products—leading the way in technological innovation—and we were strong savers. But in the post-WWII era, we reversed course as our leadership embraced a set of simplistically attractive but disastrously false ideas—that consumption rather than production should drive our economy; that free trade is always a win-win; that all globalization is good; that the market is always right and government regulation or intervention in the economy always causes more harm than good; and that it didn’t matter that our factories were fleeing overseas because we were moving to the "higher ground" of services. In a devastating account, Prestowitz shows just how flawed this orthodoxy is and how it has gutted the American economy. The 2008 financial crisis was only its most blatant and recent consequence. It is time to abandon these false doctrines and to get back to the American way of growth that brought us to world leadership; Prestowitz presents a deeply researched and powerful set of highly practical steps that we can begin implementing immediately to reverse course and restore our economic leadership and excellence. The Betrayal of American Prosperity is vital reading for all Americans concerned about the future of the economy and of our power in the coming era.
The authors argue that, for 25 years, the U.S. has experienced a great wave of prosperity as a result of supply-side economics, or Reaganomics. They caution that Americans risk losing their high standard of living if the policies of the past are reversed by a Democratic president.