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Money For Nothing: Real Wealth, Financial Fantasies and The Economy of the Future

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Money For Nothing: Real Wealth, Financial Fantasies and The Economy of the Future
by: Roger Bootle

 : Money For Nothing: Real Wealth, Financial Fantasies and The Economy of the Future

List Price: £12.99
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Binding: Paperback
EAN: 9781857882834
ISBN: 1857882830
Label: Nicholas Brealey Publishing Ltd
Manufacturer: Nicholas Brealey Publishing Ltd
Number Of Pages: 300
Publication Date: October 13, 2005
Publisher: Nicholas Brealey Publishing Ltd
Studio: Nicholas Brealey Publishing Ltd




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Customer Reviews
Average Rating:  out of 5 stars

Rating: 5 out of 5 stars - Against the crowd
I have developed a lot of respect for Roger Bootle over the last few years as he is one of the only people that I have heard talk any sense with regard to the property market. I was also aware of his previous book, 'The Death of Inflation', which was derided by the consensus when published, and is now heralded as prophetic.

Here he takes a very wide look at the world's current and future economic position. He does this brilliantly. The book is well structured, entertaining and you do not need an economics degree to benefit from it. His arguments are well put together and highly convincing, so much so that by the end of the book you forget that he has been only talking about his predictions not facts.

It is also the first book I have read that tackles the economic dichotomy we presently face. On the one hand there are massive imbalances in the economy; record debt levels, trade deficits and asset bubbles. And on the other hand, an enormous opportunity presented by technology and globalisation. His conclusion is basically that things are going to be very rough in the short term, but the long term will bring 'superabundance' for us all.

Mr Bootle goes against the crowd again in this book and I am sure he will attract a lot of criticism. If the experience of his last book is repeated, those same people will be lauding his views as self evident in a few years time.



Rating: 5 out of 5 stars - Well written, thoroughly recommend
A superb book that is easy to read yet not over simplified. Gives a well informed picture of the current economic climate and some interesting ideas for the future. Really enjoyed this book and was left wanting more by the end which is for myself the best indication of a great book.





Rating: 5 out of 5 stars - This should be compulsory reading
Roger Bootle’s book is an excellent read. This should be compulsory reading for everyone.
Part One deals with the wealth illusion. Bootle sets out with showing us some of the consequences resulting from the bursting of the stock market bubble in the late 1990s. There is also an excellent section on “our pensions” or shall we say the lack thereof, which should be a chilling read for quite a few of us. He follows this up with the fallacies of the on-going property boom. Whether we are on the verge of a prolonged deflation period is debatable, but Bootle offers some compelling arguments why this may be the case. And he does show quite in detail what would happen to the various factors of the economy during such a period.
Bootle’s blueprint for wealth creation is explained in Part Two. You will find that he is in favour of globalisation – if you are against it you should still read this book if only to find out what you are missing.
In Part Three, Bootle sets out his vision of the future including the future of finance, the winners and losers in business, what life will be like and the purpose of work, effort and money. Rather intriguing all that. I found it quite possible that the future will turn out this way provided that the Governments of this world let us develop a global economy for the greater common good. The potential obstacles in getting there also find a place in Bootle’s book.
This is a very good book. I enjoyed every minute reading it.




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