The Price of Tomorrow
The Price of Tomorrow
Jeff Booth
Max Keiser
A powerful read. Highly recommend. - Max Keiser
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The Price of Tomorrow

The Price of Tomorrow: Why Deflation is the Key to an Abundant Future

Jeff Booth
By
Jeff Booth
4.1
3076
ratings on Goodreads

In "The Price of Tomorrow," Jeff Booth presents a compelling and urgent narrative that challenges the very foundation of our economic understanding. At a time when technological advancements are accelerating at an unprecedented pace, Booth argues that these innovations are not just transforming our lives but are also driving a profound deflationary force through our economy. This force, largely misunderstood and underestimated by traditional economic models, promises an era of abundance, where goods and services become increasingly cheaper. However, there's a catch; our current economic system, built on the principles of growth and inflation, is fundamentally at odds with this new technological reality. Booth, with two decades of experience in e-commerce and technology, leverages his insight to paint a vivid picture of a future that could either be abundant and equitable or bleak and polarized, depending on the choices we make today. "The Price of Tomorrow" is more than just an analysis of economic principles; it's a clarion call for a radical rethinking of how we approach our economy in the age of technological abundance. Booth meticulously outlines how clinging to outdated economic models — particularly the reliance on debt-fueled growth — could lead us down a path of increasing polarization and instability. Yet, this book is ultimately a beacon of hope, offering a vision of how embracing deflation and the efficiencies brought about by technology can lead to a more prosperous, equitable world. Through engaging prose and compelling arguments, Booth invites readers to envision a future where technology's potential is fully harnessed to create an economy that serves everyone, not just the privileged few. "The Price of Tomorrow" is a must-read for anyone interested in understanding the seismic shifts underway in our global economy and how we might navigate them towards a brighter future.

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Released
2020
1 Jan
Length
232
Pages

1

recommendations

recommendation

A powerful read. Highly recommend. - Max Keiser
Deep thinking and learning is also taxing on our energy stores, and so we require simplification and reinforcement. Our minds, through repetition or emotion, learn things and then, having committed them to memory, rely on this information and often never question it again; we put our energy into other things we deem more important. Like building a structure with a strong base, we make our mental models the foundation for adding newer information. We notice things that match our view and we dismiss things that do not. As we build our narrow knowledge on top of that foundation, we might not even realize when the foundation itself is weak. And so, as we go on with our lives, filtering a massive amount of information, we can easily become blind to important information, caught in our own bubbles, disregarding some information or alternative views, even when it might be helpful to us. Our decisions are shaped by what we regard as the facts, and if new information emerges that belies what we believe, it often hardens us to our original view.
— Jeff Booth, The Price of Tomorrow

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