
Stagnant wages. Feeble growth figures. An angry, disillusioned public. The early 1970s witnessed the arrival of the problems that define the twenty-first century.
In An Extraordinary Time, Marc Levinson investigates how the economic collapse of the 1970s marked a radical turning point in global economics - and paved the way for the political and financial troubles of the present.
He begins with the story of the visionary policymakers who rebuilt the global economy from the ruins of World War Two, bringing unprecedented affluence to populations from Washington to Berlin, Nairobi to Tokyo. Then he examines why a series of shocks caused this fragile system to collapse, giving way to an era of uncertainty and political extremism that we are still grappling with now. Above all, Levinson shows that we must understand the economic disaster of the 1970s if we want to overcome the problems we face today: the sluggish growth and political polarisation that define our time had their origins in the crisis of the post-war economy.
Full of vivid anecdotes and rigorous analysis, An Extraordinary Time is an exciting new examination of the last sixty years of global history. By focusing on a pivotal but often overlooked moment in the twentieth century, Levinson offers a crucial and timely reappraisal of our age.
A WASHINGTON POST 'BEST ECONOMICS BOOK OF 2016'
American economist, historian, and journalist NOTE: LoC uses two different identities for the same author (saying "Email from Library of Congress (Paul Frank), September 23, 2020(per communication from Marc Levinson, use the access point Levinson, Marc, 1953- for works he wrote in his capacity as CRS [Congressional Research Service] staff member. For his other works, use the access point Levinson, Marc)"), but Wikidata and Open Library treat him as a single author. Levinson, Marc https://id.loc.gov/authorities/no2020111414 Levinson, Marc, 1953- https://id.loc.gov/authorities/n88063626

Stagnant wages. Feeble growth figures. An angry, disillusioned public. The early 1970s witnessed the arrival of the problems that define the twenty-first century.
In An Extraordinary Time, Marc Levinson investigates how the economic collapse of the 1970s marked a radical turning point in global economics - and paved the way for the political and financial troubles of the present.
He begins with the story of the visionary policymakers who rebuilt the global economy from the ruins of World War Two, bringing unprecedented affluence to populations from Washington to Berlin, Nairobi to Tokyo. Then he examines why a series of shocks caused this fragile system to collapse, giving way to an era of uncertainty and political extremism that we are still grappling with now. Above all, Levinson shows that we must understand the economic disaster of the 1970s if we want to overcome the problems we face today: the sluggish growth and political polarisation that define our time had their origins in the crisis of the post-war economy.
Full of vivid anecdotes and rigorous analysis, An Extraordinary Time is an exciting new examination of the last sixty years of global history. By focusing on a pivotal but often overlooked moment in the twentieth century, Levinson offers a crucial and timely reappraisal of our age.
A WASHINGTON POST 'BEST ECONOMICS BOOK OF 2016'
American economist, historian, and journalist NOTE: LoC uses two different identities for the same author (saying "Email from Library of Congress (Paul Frank), September 23, 2020(per communication from Marc Levinson, use the access point Levinson, Marc, 1953- for works he wrote in his capacity as CRS [Congressional Research Service] staff member. For his other works, use the access point Levinson, Marc)"), but Wikidata and Open Library treat him as a single author. Levinson, Marc https://id.loc.gov/authorities/no2020111414 Levinson, Marc, 1953- https://id.loc.gov/authorities/n88063626









