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Kirtland Community College Library HC 106.84 .M67 2013 30775305466188 General Collection Available -

Record details

  • ISBN: 9781610393362 (pbk.)
  • ISBN: 1610393368 (pbk.)
  • ISBN: 9781610392273 (ebk.)
  • ISBN: 1610392272 (ebk.)
  • Physical Description: print
    x, 179 pages : illustrations ; 21 cm
  • Edition: First edition.
  • Publisher: New York : PublicAffairs, [2013]

Content descriptions

Bibliography, etc. Note:
Includes bibliographical references (pages ... Read More
Formatted Contents Note:
The manufacturing/energy nexus. Shale country ; An ... Read More
Summary, etc.:
The author's The Trillion Dollar Meltdown (2008) ... Read More
Subject: Economic forecasting United States
United States Economic conditions 2009-
Energy industries United States
Industrial policy United States
LDR 04509cam a2200529 i 4500
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010 . ‡a 2013936151
035 . ‡a(OCoLC)ocn823044786
040 . ‡aBTCTA ‡beng ‡erda ‡cBTCTA ‡dDLC ‡dYDXCP ‡dUUC ‡dJN3 ‡dCZA ‡dCLE ‡dTAMCT ‡dSTF ‡dNSB ‡dBTS ‡dOCLCF ‡dET8
020 . ‡a9781610393362 (pbk.)
020 . ‡a1610393368 (pbk.)
020 . ‡z9781610392273 (ebk.)
020 . ‡z1610392272 (ebk.)
0291 . ‡aAU@ ‡b000051641484
0291 . ‡aAU@ ‡b000051769529
035 . ‡a(OCoLC)823044786
042 . ‡apcc
043 . ‡an-us---
05000. ‡aHC106.84 ‡b.M68 2013
08204. ‡a332.6/78 ‡223
049 . ‡aET8A ‡c1
1001 . ‡aMorris, Charles R., ‡eauthor.
24510. ‡aComeback : ‡bAmerica's new economic boom / ‡cCharles R. Morris.
250 . ‡aFirst edition.
260 1. ‡aNew York : ‡bPublicAffairs, ‡c[2013]
300 . ‡ax, 179 pages : ‡billustrations ; ‡c21 cm
336 . ‡atext ‡btxt ‡2rdacontent
337 . ‡aunmediated ‡bn ‡2rdamedia
338 . ‡avolume ‡bnc ‡2rdacarrier
504 . ‡aIncludes bibliographical references (pages 159-170) and index.
5050 . ‡aThe manufacturing/energy nexus. Shale country ; An unconventional revolution ; The return of the whales ; The dark side and how to deal with it -- The rest of the economy. Cycles ; Rebuilding America ; Cognitive dissonance ; WrapUp.
520 . ‡aThe author's The Trillion Dollar Meltdown (2008) warned of the impending financial crash in all its horrific scale and speed. Now, he reveals that the United States is on the brink of a strong recovery from the 2008 global financial crisis that could last for twenty years or more, claiming that such booming new industries as shale-based oil will generate millions of new jobs and tame inherited deficits. The great economic boom times in American history have come because of fortuitous discoveries. Natural resources (coal first, then oil) fueled vast economic and industrial expansions, which in turn helped create and supply new markets. The last genuine economic game changer was the technology boom of the 1990s, which gave the U.S. a global competitive advantage for a while based on electronics and silicon. The author was one of the first writers and analysts in the U.S. to predict that the tech boom would lead to a period of sustained economic growth. In defiance of the recessionary times (in 1990), he saw the coming boom. Now, in 2013, he sees the threshold of another. This time the gift is natural gas. The amount and distribution of gas in American shale is so vast that it has the potential to transform the manufacturing economy, creating jobs across the country, and requiring a new infrastructure that will benefit the nation as a whole. Because of fracking, jobs that once would have been outsourced abroad will return home, America can become a net exporter of energy, and cheap energy will provide the opportunity for innovation and competition. In light of this new opportunity, and other complementary developments the author explores in this book, the U.S. ought to be approaching the future with a robust self-confidence it has not experienced in a while. But we could fumble it away. The gold-rush style of shale boom companies does not make them good neighbors. A counter-reaction could put their industry, and the new era of national prosperity, at risk. We also have a political system that has the capacity to spoil the benefits of this huge boon. If the wealth locked in the continental shelf is not shared for the general economic good, but is instead exploited in short-term profiteering, then many of the opportunities that exist will be choked off by a few very rich corporations. Managing the great bonus of the vast store of cheap energy is going to become a defining political challenge in the years ahead.
650 0. ‡aEconomic forecasting ‡zUnited States.
651 0. ‡aUnited States ‡xEconomic conditions ‡y2009-
650 0. ‡aEnergy industries ‡zUnited States.
650 0. ‡aIndustrial policy ‡zUnited States.
648 7. ‡aSince 2009 ‡2fast
938 . ‡aBaker and Taylor ‡bBTCP ‡nBK0012634947
938 . ‡aYBP Library Services ‡bYANK ‡n10181388
994 . ‡aC0 ‡bET8
901 . ‡aocn823044786 ‡bOCoLC ‡c39324 ‡tbiblio ‡soclc
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