Unsustainable

When financial journalist Eamonn Fingleton anticipated the meltdown of the New Economy in the late nineties, his predictions were dismissed by mainstream economic writers as "farfetched." Now, with the New Economy in ruins and America mired in recession, Fingleton's avowedly contrarian take on mainstream economic thinking is all the more urgent. Written in clear, lucid prose that renders the complexity of the world economy clear to the general reader, Unsustainable is a masterly survey of how the U.S. economy's turn from manufacturing to a more service-based, "postindustrial" economy--based…