{"product_id":"shocks-crises-and-false-alarms-how-to-assess-true-macroeconomic-risk-hardcover","title":"Shocks, Crises, and False Alarms: How to Assess True Macroeconomic Risk - Hardcover","description":"\u003cdiv\u003e\u003cp style=\"text-align: right;\"\u003e\u003ca href=\"https:\/\/reportcopyrightinfringement.com\/\" target=\"_blank\" rel=\"nofollow\"\u003e\u003cb\u003eReport copyright infringement\u003c\/b\u003e\u003c\/a\u003e\u003c\/p\u003e\u003c\/div\u003e\u003cp\u003eby \u003cb\u003ePhilipp Carlsson-Szlezak\u003c\/b\u003e (Author), \u003cb\u003ePaul Swartz\u003c\/b\u003e (Author)\u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003e\u003cb\u003eAn essential new guide to navigating macroeconomic risk.\u003c\/b\u003e\u003c\/p\u003e\u003cp\u003eThe shocks and crises of recent years--pandemic, recession, inflation, war--have forced executives and investors to recognize that the macroeconomy is now a risk to be actively managed. Yet unreliable forecasting, pervasive doomsaying, and whipsawing data severely hamper the task of decoding the landscape. Are disruptions transient and ephemeral--or permanent and structural? False alarms are costly traps, but so are true structural changes that go undetected.\u003c\/p\u003e\u003cp\u003eHow can leaders avoid these macro traps to make better tactical and strategic decisions?\u003c\/p\u003e\u003cp\u003eIn this perspective-shifting book, BCG Chief Economist Philipp Carlsson-Szlezak and Senior Economist Paul Swartz provide a fresh and accessible way to assess macroeconomic risk. Casting doubt on conventional model-based thinking, they demonstrate a more powerful approach to building sound macroeconomic judgment. Using incisive analysis built upon frameworks, historical context, and structural narratives--what they call \"economic eclecticism\"--the book empowers readers with the durable skills to assess continuously evolving risks in the real economy, the financial system, and the geopolitical arena.\u003c\/p\u003e\u003cp\u003eMoreover, the authors' more nuanced approach reveals that the all-too-common narratives of economic collapse and decline are often false alarms themselves, while the fundamental strengths of our current \"era of tightness\" become visible.\u003c\/p\u003e\u003cp\u003eWith rational optimism rather than gloom, \u003ci\u003eShocks, Crises, and False Alarms\u003c\/i\u003e speaks to the key financial and macroeconomic controversies that define our times--and provides a compass for navigating the global economy. Rather than relying on blinking dashboards or flashy headlines, leaders can and should judge macroeconomic risks for themselves.\u003c\/p\u003e\u003ch3\u003eAuthor Biography\u003c\/h3\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003e\u003cb\u003ePhilipp Carlsson-Szlezak\u003c\/b\u003e is BCG's Global Chief Economist and a managing director and partner in the firm's New York office.\u003c\/p\u003e\u003cp\u003e\u003cb\u003ePaul Swartz\u003c\/b\u003e is Senior Economist and executive director at BCG. He coleads the Center for Macroeconomics at the BCG Henderson Institute in New York.\u003c\/p\u003e\u003cp\u003eThe authors use their ongoing tactical and strategic research to advise executives and investors on macroeconomic risk, and they frequently publish and comment on the macroeconomy in \u003ci\u003eHarvard Business Review\u003c\/i\u003e, \u003ci\u003eFortune\u003c\/i\u003e, \u003ci\u003eWorld Economic Forum Agenda\u003c\/i\u003e, and other business publications.\u003c\/p\u003e\n            \u003cdiv\u003e\n\u003cstrong\u003eNumber of Pages:\u003c\/strong\u003e 320\u003c\/div\u003e\n            \u003cdiv\u003e\n\u003cstrong\u003eDimensions:\u003c\/strong\u003e 1.1 x 9.2 x 6.1 IN\u003c\/div\u003e\n            \u003cdiv\u003e\n\u003cstrong\u003ePublication Date:\u003c\/strong\u003e July 09, 2024\u003c\/div\u003e\n            ","brand":"BooksCloud","offers":[{"title":"Default Title","offer_id":51964666741037,"sku":"9781647825409","price":32.99,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0938\/3185\/6429\/files\/shocks-crises-and-false-alarms-how-to-assess-true-macroeconomic-risk-hardcover-9938213.webp?v=1775477588","url":"https:\/\/ishookbooks.com\/products\/shocks-crises-and-false-alarms-how-to-assess-true-macroeconomic-risk-hardcover","provider":"iShook Books","version":"1.0","type":"link"}