A smoothly written account of the U.S. and the world economy during the 1970s and parts of the 1980s . . . Mr. Levinson is a smart enough author not to be tempted into some breathless mono-causal account of either the earlier “boom” or the later slowdown.

An efficiently presented chronology of the global economy since the end of World War II . . . Weaving together data and narrative, [Levinson] shows how productivity growth foundered and the irritant of inflation appeared and would not leave.

Provocative . . . Levinson reminds us how mesmerizing the post-World War II boom was.

A valuable antidote to all passionately held economic ideologies.

Levinson, an economist and ex-journalist . . . has the virtues of both — an eye for detail and an understanding of the broader picture.

Levinson’s account of this vexed era is lucid, well-paced, and entwined with vivid sketches of economists, central bankers, and politicians who failed to restore the pre-1973 good times. He also succeeds at translating complex economic issues into understandable terms for lay readers. Levinson’s admirably evenhanded treatment of recent economic history steers clear of dogmas on both left and right to explore knottier truths.

In An Extraordinary Time, economist and journalist Marc Levinson says the good times are over for good, or at least for the foreseeable future . . . Levinson holds a doctorate in economics, but he has a journalist’s appreciation for the power of on-the-ground observation.

Helpful, clear, and highly-readable.

Marc Levinson provides a well written narrative of the descent from the golden age into what has become the new ordinary . . . [He offers] useful and balanced treatments of privatization, of job growth under Reagan and Clinton, of monetary experiments, and an excellent discussion of the barely avoided financial crisis of the early 1980s, which resulted from private sector bank loans to sovereigns in the developing world. If you are old enough to have lived through the golden age and the subsequent slowdown this will to some extent be a trip down memory lane. If you are younger, the book provides a welcome introduction to very important chapters in twentieth century economic history.

[Levinson’s] view is absolutely worth heeding in these days of unprecedented worldwide financial experimentation . . . A cogently argued account that lays bare the similarities and differences between the world today and earlier theoretical shortcomings.

Levinson has unmatchable understanding of economics and an extraordinary ability to explain intricate economics to laymen.

The strength of Levinson's book is its readability . . . He knows how to tell a good story.

Provides historical context to explain why Americans – and people across the globe – should expect slower economic growth in the years to come.

I’ve heard it said that economic history is a dying art. Well, not in Marc Levinson’s hands. This account of how the extraordinary economic times from 1948 to 1973 turned into the very ordinary (or worse) times that followed is comprehensive, artfully presented, and largely persuasive. That’s quite an achievement.

A provocative account of recent economic history which argues the good times have gone, and no government – neither left nor right – can bring them back. A sobering read.

Marc Levinson has given us a fascinating and perceptive account of the economic difficulties of the 1970s and the response of policymakers. As the United States and other countries struggled with the turbulent end of the post-World War II boom, seeking to cope with stagflation and higher unemployment, they often turned politically to the right – embracing tax cuts and deregulation. How did this process work its way out? This timely book of an important period is not just informative, but helps put our current economic difficulties in perspective.

A lively, well-researched tour of the transformation of the American economy in the decades after World War II – how it happened and why the pace didn’t last. A great read for those who lived through those years and those who want to learn about them.

jaw-dropping

a gripping financial thriller

Well worth the read. I couldn’t put it down

A potent book... an incisive social critique that slices through financial jargon and gobbledygook to accurately map the all-too-common corruption in America’s hedge funds that are sucking up billions and billions that used to be invested for the growth and benefit of society as a whole in building infrastructure, expanding existing and new businesses and creating jobs

An utterly absorbing look at how Cohen pushed his traders to the limit—that “black edge”—and how he mostly insulated himself from the potential ramifications. This fast-paced, true-life thriller will leave readers enraptured—and troubled