INDUSTRIAL SHIFT, the book

I've been silent here for a while as I prepared my latest book for publication by Palgrave Macmillan.

INDUSTRIAL SHIFT: The Structure of the New World Economy shows how deeply the world has changed over the past 40 years, and why we need to change the way we think about national success.

The standard mindset in the 1940s held that manufacturing was the key to wealth. There were some good reasons for that idea, but those reasons are now gone. Once upon  a time, only food and hard goods could be traded. Services could only be performed in the exact place that they were needed. No more. Today, cheap jet travel means that hotel services can be sold overseas. Satellite communication means that banking can be done across the world in fractions of a second. Imaging technology means that medical diagnosis can be done remotely. The result is that factories are not the only creators of real wealth.

The shift from farms to factories to offices is definitely upsetting to many people who are directly affected. But it is also enormously beneficial to vastly more people. Think about harvesting wheat by hand, or mining coal with a shovel and a bucket.

These shifts are quantified and explained in the book, based on publicly available data from the UN, World Bank, and other reliable sources.
Get the book at Amazon.com and most on-line book retailers...
www.amazon.com/Industrial-Shift