This book is a brief overview of the next century using Economic analysis. It covers three main areas: Energy (with emphasis on oil), the international sector, and demographic change for both the USA and the world. There are some surprising results. Oil appears to have a long term stable mean of about $25 a barrel. International trade may be peaking, with a decline of trade into blocs. Africa may emerge as a rapidly developing continent by mid century. Financial turbulence is considered in the tradition of Hyman Minsky. These areas are explained, and mixed together to give a complete picture of how this century may develop.
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By Michael Baird
Oct 15, 2009
"An interesting read" This is a good book for anyone wanting to read a speculative take on what gas prices will be in the future. Brodsky opens and ends the book comparing and contrasting the widely accepted theory that gas prices will continue to skyrocket throughout the 21st century and also introduces his own opinion. I found the book very interesting and would recommend it.
