The Price of Tomorrow
Why Deflation Is the Key to an Abundant Future
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Narrated by:
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Brian Troxell
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By:
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Jeff Booth
About this listen
We live in an extraordinary time. Technological advances are happening at a rate faster than our ability to understand them, and in a world that moves faster than we can imagine, we cannot afford to stand still. These advances bring efficiency and abundance - and they are profoundly deflationary.
Our economic systems were built for a pre-technology era when labor and capital were inextricably linked - an era that counted on growth and inflation and an era where we made money from inefficiency. That era is over, but we keep on pretending that those economic systems still work.
The only thing driving growth in the world today is easy credit, which is being created at a pace that is hard to comprehend and with it, debt that we will never be able to pay back. As we try to artificially drive an economic system built for the past, we are creating more than just economic trouble.
On our current path, our world will become profoundly more polarized and unsafe. We need to build a new framework for our local and global economies, and soon, we need to accept deflation and embrace the abundance it can bring. Otherwise, the same technology that has the power to bring abundance to us and our world will instead destroy it.
In this extraordinary contrarian book, Jeff Booth, a leading mind and CEO in e-commerce and technology for 20 years, details the technological and economic realities shaping our present and our future, and the choices we face as we go forward - a potentially alarming, but deeply hopeful situation.
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In this sharp and controversial international best seller, an award-winning economist debunks the pervasive myth that the government is sluggish and inept, and at odds with a dynamic private sector. She reveals in detailed case studies that the opposite is true: The state is, and has been, our boldest and most valuable innovator. Denying this history is leading us down the wrong path. A select few get credit for what is an intensely collective effort, and the US government has started disinvesting from innovation.
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Myth Breaker-a new model for innovation
- By Carl A. Gallozzi on 12-12-20
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The End of Normal
- The Great Crisis and the Future of Growth
- By: James K. Galbraith
- Narrated by: L. J. Ganser
- Length: 9 hrs and 27 mins
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The years since the Great Crisis of 2008 have seen slow growth, high unemployment, falling home values, chronic deficits, a deepening disaster in Europe - and a stale argument between two false solutions, “austerity” on one side and “stimulus” on the other. Both sides and practically all analyses of the crisis so far take for granted that the economic growth from the early 1950s until 2000 - interrupted only by the troubled 1970s - represented a normal performance.
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Machine, Platform, Crowd
- Harnessing Our Digital Future
- By: Erik Brynjolfsson, Andrew McAfee
- Narrated by: Jeff Cummings
- Length: 10 hrs and 57 mins
- Unabridged
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In The Second Machine Age, Andrew McAfee and Erik Brynjolfsson predicted some of the far-reaching effects of digital technologies on our lives and businesses. Now they’ve written a guide to help listeners make the most of our collective future. Machine | Platform | Crowd outlines the opportunities and challenges inherent in the science fiction technologies that have come to life in recent years, like self-driving cars and 3D printers, online platforms for renting outfits and scheduling workouts, or crowd-sourced medical research and financial instruments.
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Both How AND Why for Techies
- By Dan Collins on 08-11-17
By: Erik Brynjolfsson, and others
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Adrift
- America in 100 Charts
- By: Scott Galloway
- Narrated by: Scott Galloway
- Length: 3 hrs and 15 mins
- Unabridged
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We are only just beginning to reckon with our post-pandemic future. As political extremism intensifies, the great resignation affects businesses everywhere, and supply chain issues crush bottom lines, we’re faced with daunting questions—is our democracy under threat? How will Big Tech change our lives? What does job security look like for me? America is on the brink of massive change—change that will disrupt the workings of our economy and drastically impact the financial backbone of our nation: the middle class.
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Quick & Informative
- By W. Carillion on 10-06-22
By: Scott Galloway
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Average is Over
- Powering America Beyond the Age of the Great Stagnation
- By: Tyler Cowen
- Narrated by: Andrew Garman
- Length: 8 hrs and 42 mins
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The widening gap between rich and poor means dealing with one big, uncomfortable truth: If you're not at the top, you're at the bottom. The global labor market is changing radically thanks to growth at the high end and the low. About three quarters of the jobs created in the United States since the great recession pay only a bit more than minimum wage. Still, the United States has more millionaires and billionaires than any country ever, and we continue to mint them.
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Disappointing analysis of future
- By JKBart on 12-10-13
By: Tyler Cowen
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The Great Reversal
- How America Gave Up on Free Markets
- By: Thomas Philippon
- Narrated by: Walter Dixon
- Length: 10 hrs and 1 min
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Why are cellphone plans so much more expensive in the United States than in Europe? It seems a simple question. But the search for an answer took Thomas Philippon on an unexpected journey through some of the most complex and hotly debated issues in modern economics. Ultimately, he reached a surprising conclusion: American markets, once a model for the world, are giving up on healthy competition.
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Eye-opening, but better as a book - a must-READ
- By Ash on 11-29-19
By: Thomas Philippon
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Radical Markets
- Uprooting Capitalism and Democracy for a Just Society
- By: Eric A. Posner, E. Glen Weyl
- Narrated by: James Conlan
- Length: 9 hrs and 7 mins
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Many blame today's economic inequality, stagnation, and political instability on the free market. The solution is to rein in the market, right? Radical Markets turns this thinking - and pretty much all conventional thinking about markets, both for and against - on its head. The book reveals bold new ways to organize markets for the good of everyone.
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Terrible Reader ruins this book
- By Brian W. Veit on 10-30-18
By: Eric A. Posner, and others
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That Used to Be Us
- How America Fell Behind in the World It Invented and How We Can Come Back
- By: Thomas L. Friedman, Michael Mandelbaum
- Narrated by: Jason Culp
- Length: 16 hrs and 53 mins
- Unabridged
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America has a huge problem. It faces four major challenges, on which its future depends, and it is failing to meet them. In That Used to Be Us, Thomas L. Friedman, one of our most influential columnists, and Michael Mandelbaum, one of our leading foreign policy thinkers, analyze those challenges - globalization, the revolution in information technology, the nation's chronic deficits, and its pattern of energy consumption - and spell out what we need to do now to rediscover America and rise to this moment.
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We have met the enemy and it is us.... Pogo
- By Soudant on 09-16-11
By: Thomas L. Friedman, and others
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Forecast
- What Physics, Meteorology, and the Natural Sciences Can Teach Us About Economics
- By: Mark Buchanan
- Narrated by: Fleet Cooper
- Length: 10 hrs
- Unabridged
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Story
Picture an early scene from The Wizard of Oz: Dorothy hurries home as a tornado gathers in what was once a clear Kansas sky. Hurriedly, she seeks shelter in the storm cellar under the house, but, finding it locked, takes cover in her bedroom. We all know how that works out for her.Many investors these days are a bit like Dorothy, putting their faith in something as solid and trustworthy as a house (or, say, real estate). But market disruptions - storms - seem to arrive without warning, leaving us little time to react.
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Good Contrarian Book
- By J. Sterz on 04-18-17
By: Mark Buchanan
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Abundance
- The Future Is Better Than You Think
- By: Steven Kotler, Peter H. Diamandis
- Narrated by: Keith Sellon-Wright
- Length: 10 hrs and 19 mins
- Unabridged
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Space entrepreneur turned innovation pioneer Peter H. Diamandis and award-winning science writer Steven Kotler document how progress in artificial intelligence, robotics, digital manufacturing synthetic biology, and other exponentially growing technologies will enable us to make greater gains in the next two decades than we have in the previous 200 years.
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Perhaps multiply his time estimates by 10
- By Rick on 11-06-21
By: Steven Kotler, and others
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The Great Reset
- How New Ways of Living and Working Drive Post-Crash Prosperity
- By: Richard Florida
- Narrated by: Eric Conger
- Length: 6 hrs and 49 mins
- Unabridged
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We tend to view prolonged economic downturns, such as the Great Depression of the 1930s and the Long Depression of the late 19th century, in terms of the crisis and pain they cause. But history teaches us that these great crises also represent opportunities to remake our economy and society and to generate whole new eras of economic growth and prosperity.
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glorification of City Life
- By Ryan Riggs on 11-25-20
By: Richard Florida
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Less Bitcoin, more old Austrian Economics Vendetta
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Stunningly biased. Reads like an ad for BTC
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Money is a fact of everyday life. We earn it, spend it and save it. We’re tempted to worship it and to trust it to provide for our needs. While much has been written about the power, danger, and stewardship of money, little has been written about what money actually is and whether or not money itself is moral. That information gap has been exploited to enrich a privileged few, enslave millions, and reap confusion and division throughout the world. How did this happen and what can we do about it?
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keep narrative to economics related topics
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We're all chained to the unforgiving arrow of time. We're born, we live, and we get old. At least, that's what we hope will happen. Then we die. None of us humans are millionaires in terms of hours, yet we sacrifice our most valuable and scarce asset just to stay alive in the hamster's wheel one more day. In pursuit of saving time, Satoshi stumbled upon a discovery of a new, weightless, absolutely scarce element. The showstopper for each and every time thief. Element zero. Bitcoin.
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HFSP if you do not read/listen
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Some really good analogies and great arguments for the positive case for bitcoin.
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Principles of Economics
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Principles of Economics is a university-level textbook in economics that offers a clear and concise exploration of the most important economic concepts. This book is unapologetically Austrian in its approach. It tackles major economic concepts and topics independently, but in a logical sequence aimed at delivering the listener an understanding of economics at an individual and societal level, and the widespread implications of economics as a topic.
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I was already a fan of the Austrian school
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The Sovereign Individual
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Two renowned investment advisors and authors of the best seller The Great Reckoning bring to light both currents of disaster and the potential for prosperity and renewal in the face of radical changes in human history as we move into the next century. The Sovereign Individual details strategies necessary for adapting financially to the next phase of Western civilization.
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Unfortunately distopian for mosty of humanity
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Praxeology, the science of human action, is a lens through which truthfulness of the world is revealed. Truth goggles, if you will. Praxeology teaches us that everything going on in our society is rooted in the wills and desires of individuals. Starting from an irrefutable set of statements about human beings, we can come to conclusions about human behavior that are true regardless of what any political ideology might assert.
By: Knut Svanholm
What listeners say about The Price of Tomorrow
Average customer ratingsReviews - Please select the tabs below to change the source of reviews.
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- Tyler Graham
- 01-30-22
Most powerful book I’ve read in over 10 years
This book strikes at the root of the current system that stifled innovation and has consolidated power into the hands of an elite class. The call to action really illustrates how as a whole we can build a better future for our world.
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- jhar14
- 04-10-21
Key Perspective
This book reiterates the 50k foot key perspective of where we are in society today and the real issues we should be thinking about that 99% of voters are completely unaware of
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- Carlos Michaelsen Binz
- 09-03-21
Delation - an urgent topic
Finding a way to tackle the tendency of socialist goverments to adopt money printing as a solution to the shortage of resources - this is what this book is about, and performs this task with honors!
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- Sebastian Wilson
- 09-19-21
Great book
Highly recommend. Everyone should read this!!! The future depends on it , get it now to inform yourself
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- Stephanie P. Solar
- 01-11-21
Very eye opening and gets to the main issue!
Very great read! If you are looking for a non political book that breaks down the core issue that we are facing as a nation/world, this book does a wonderful job.
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- Denny
- 08-08-21
Well written book about deflation involving tech
Well written, thought provoking, inspiring. Learned about a lot of different things including how tech leads to deflation and more.
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- Cochran Family
- 12-13-21
Incredible book that makes you think - A must read
Thank you Jeff for taking the time to write this book!
Big impact on me!
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- Andy
- 11-14-20
Required Reading for the 2020s
It's quite rare for a credible author/entrepreneur to illuminate in such a readable format the major factors that are driving the entire global economy that have been underemphasized by most analysts. Jeff has done exactly this by shining the spotlight on the deflationary effects of technology and how they are interacting with the global financial and economic systems.
In an era of major ongoing technological and economic shifts, this book is simply required reading. The thesis is compelling, the format is optimal, and the language is plain and clear.
The themes of this book impact literally everyone on the planet. It is one of the best I have read in years. Read it!
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Story
- Wyatt
- 02-21-22
Lovely
Enjoyed his perspective and input on this topic. I would recommend to a friend or family.
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Overall
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Story
- Scott
- 12-08-22
Nothing can stop what is coming.
A story that clearly portrays the dynamic of financial, monetary and economic trickery and the inescapable destiny before us. Optimistic.
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