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The Age of Oversupply: Overcoming the Greatest Challenge to the Global Economy by Daniel Alpert

The Age of Oversupply: Overcoming the Greatest Challenge to the Global Economy

by Daniel Alpert
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Book cover type: Paperback
  • ISBN13: 9781591847014
  • Binding: Paperback
  • Subject: N/A
  • Publisher: Portfolio
  • Publisher Imprint: Portfolio
  • Publication Date:
  • Pages: 304
  • Original Price: USD 17.0
  • Language: English
  • Edition: N/A
  • Item Weight: 273 grams
  • BISAC Subject(s): Economic Conditions, Public Policy / Economic Policy, and Government & Business

Governments and central banks across the developed world have tried every policy tool imaginable, yet our economies remain sluggish or worse. How did we get here, and how can we compete and prosper once more?


Daniel Alpert argues that a global labor glut, excess productive capacity, and a rising ocean of cheap capital have kept the Western economies mired in underemployment and anemic growth. We failed to anticipate the impact of the torrent of labor and capital unleashed by formerly socialist economies.


Many policymakers miss the connection between global oversupply and the lack of domestic investment and growth. But Alpert shows how they are intertwined and offers a bold, fresh approach to fixing our economic woes.

Twitter: @DanielAlpert

Daniel Alpert is founding managing partner of investment bank Westwood Capital, LLC. He is widely quoted in the business media and is a fellow in economics of the Century Foundation, the country's oldest policy think tank. He lives in New York.

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