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Index
Cover Also by Charles Dumas and Published by Profile Title Page Copyright Page Contents List of figures Introduction: neo-Luddite discontents 1. Globalisation, technology and demographics 2. What is a savings glut? 3. Financial crisis as excess saving boosts debts 4. Savings glut hobbles recovery 5. Recovery recovers – but is trend growth slower? 6. Income distributed away from the lower middle 7. Keynes vs Friedman, the bogus dilemma 8. The failure of monetarist solutions 9. The folly of inflation targets 10. Inflation targets threaten boom–bust 11. Tax distortions and avoidance worsen the savings glut 12. Japan – fertile ground for populist revolt 13. Can China dodge the ‘middle-income trap’? 14. Euro Area – growing now, but still divergent 15. Will Britain muddle through Brexit? 16. Euro-populism – to worsen or to cure global imbalances? 17. Summary: Can/should the tide of populism be turned? Appendix 1: Time to switch tax from income to assets Appendix 2: Time to limit limited liability? Bibliography Index
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