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An Extraordinary Time: The End of the Postwar Boom and the Return of the Ordinary Economy

An Extraordinary Time: The End of the Postwar Boom and the Return of the Ordinary Economy

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Key Metrics

  • Marc Levinson
  • Brilliance Audio
  • Audio
  • 9781522655589
  • 5.4 X 6.4 X 1.1 inches
  • 0.6 pounds
  • Business & Economics > Economic History
  • English
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Book Description

In An Extraordinary Time, acclaimed economic historian Marc Levinson recounts the global collapse of the postwar economy in the 1970s. While economists struggle to return us to the high economic growth rates of the past, Levinson counterintuitively argues that the boom years of the 1950s and 1960s were an anomaly; slow economic growth is the norm--no matter what economists and politicians may say. Yet these atypical years left the public with unreasonable expectations of what government can achieve. When the economy failed to revive, suspicion of government and liberal institutions rose sharply, laying the groundwork for the political and economic polarization that we're still grappling with today.

A sweeping reappraisal of the last sixty years of world history, An Extraordinary Time describes how the postwar economic boom dissipated, undermining faith in government, destabilizing the global financial system, and forcing us to come to terms with how tumultuous our economy really is.

An Extraordinary Time: The End of the Postwar Boom and the Return of the Ordinary Economy

Author Bio

Marc Levinson began as a journalist, reporting on business for Time magazine and the Bureau of National Affairs (BNA) and serving as editorial director of the daily Journal of Commerce in New York. After several years writing about business and economics for Newsweek, he became finance and economics editor of The Economist in London. In 1999 Marc joined the predecessor to JP Morgan Chase, where he created a unique industry economics function that married economic research with stock and bond analysis and developed a line of environmental research products for institutional investor clients. He has had stints advising Congress on transportation and industry issues and serving as senior fellow for international business at the Council on Foreign Relations, and has consulted for a number of businesses and public agencies.

Marc’s career has been eclectic, but with a common thread: his professional life has centered on making complex economic issues understandable to the general public. Much of his work has been international in focus, dealing with international trade and globalization, international finance and financial regulation, and energy and environmental issues that cross international borders.

He has written six books that merge my interests in economics and business strategy with historical research. He has also written many articles for leading publications, such as Harvard Business Review and Foreign Affairs, and contributed historical pieces to Echoes, the former economic history blog at Bloomberg.com. He frequently reviews books for The Wall Street Journal and other publications.

Marc earned a bachelor’s degree from Antioch College, a master’s degrees from Georgia State University and the Woodrow Wilson School at Princeton University, and a doctorate from the City University of New York.

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