Gregg Easterbrook, The Next Economic Boom?




Zócalo Public Square  (Audio) show

Summary: Is it possible to envision the next economic boom while we’re still in a bust? Gregg Easterbrook does exactly that in Sonic Boom, arguing that when we pull out of the current recession, the next period of economic growth will be unlike any we’ve seen before. The trends that have drastically changed our world in the last few decades — the lowering of trade barriers and the expansion of financial markets, the vast technological leaps that speed communication and exchange, the worldwide migration of jobs and job-seekers — are still in their early stages, and have yet to fulfill their transformative power. Gregg Easterbrook visited Zócalo to discuss the next great economic expansion and explain why it will increase interconnectedness and prosperity, while making the world a much less secure place.