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The Next Age of Uncertainty
- How the World Can Adapt to a Riskier Future
- Narrated by: Stephen Poloz
- Length: 9 hrs and 38 mins
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Publisher's Summary
*WINNER OF THE 2023 NATIONAL BUSINESS BOOK AWARD*
*FINALIST FOR THE 2023 OTTAWA BOOK AWARD*
*SHORTLISTED FOR THE SHAUGHNESSY COHEN PRIZE FOR POLITICAL WRITING*
*SHORTLISTED FOR THE 2022 DONNER PRIZE*
NATIONAL BESTSELLER
From the former Governor of the Bank of Canada, a far-seeing guide to the powerful economic forces that will shape the decades ahead.
The economic ground is shifting beneath our feet. The world is becoming more volatile, and people are understandably worried about their financial futures. In this urgent and accessible guide to the crises and opportunities that lie ahead, economist and former Governor of the Bank of Canada Stephen Poloz maps out the powerful tectonic forces that are shaping our future, and the ideas that will allow us to master them.
These forces include an aging workforce, mounting debt, and rising income inequality. Technological advances, too, are adding to the pressure, putting people out of work, and climate change is forcing a transition to a lower-carbon economy. It is no surprise that people are feeling uncertain.
The implications of these tectonic tensions will cascade throughout every dimension of our lives—the job market, the housing market, the investment climate, as well as government and central bank policy, and the role of the corporation within society. The pandemic has added momentum to many of them.
Poloz skillfully argues that past crises, from the Victorian Depression in the late 1800s to the more recent downturn in 2008, give a hint of what is in store for us in the decades ahead. Unlike the purely destructive power of earthquakes, the upheaval that is sure to come in the decades ahead will offer unexpected opportunities for renewal and growth.
Filled with takeaways for employers, investors, and policymakers, as well as families discussing jobs and mortgage renewals around the kitchen table, The Next Age of Uncertainty is an indispensable guide for those navigating the fault lines of the risky world ahead.
What the critics say
*WINNER OF THE 2023 NATIONAL BUSINESS BOOK AWARD*
*FINALIST FOR THE 2023 OTTAWA BOOK AWARD*
*SHORTLISTED FOR THE SHAUGHNESSY COHEN PRIZE FOR POLITICAL WRITING*
*SHORTLISTED FOR THE 2022 DONNER PRIZE*
“Engaging and infused with humour, The Next Age of Uncertainty is a breakdown of economic chokepoints by a former Bank of Canada governor who isn’t afraid to let his personality shine. Stephen Poloz has crafted a timely and eminently readable examination and explanation of the major issues that will define monetary policy and its impact on Canadians’ wallets for years to come. If knowledge is power, those who plan for and want to understand the potentially shaky ground ahead would be well-armed with Poloz’s take on the future landscape.” —Shaughnessy Cohen Prize jury
"There are powerful forces at work that will influence how we live and invest in the years to come. In The Next Age of Uncertainty, Stephen Poloz not only describes what those forces are, but draws a precise road-map for navigating them. The Next Age of Uncertainty isn't just a book for economists, it's a book for anyone who wants to make better decisions." —Amanda Lang, Anchor, BNN Bloomberg and national bestselling author of The Power of Why and The Beauty of Discomfort
“Engaging and infused with humour, The Next Age of Uncertainty is a breakdown of economic chokepoints by a former Bank of Canada governor who isn’t afraid to let his personality shine. Stephen Poloz has crafted a timely and eminently readable examination and explanation of the major issues that will define monetary policy and its impact on Canadians’ wallets for years to come. If knowledge is power, those who plan for and want to understand the potentially shaky ground ahead would be well-armed with Poloz’s take on the future landscape.” —Shaughnessy Cohen Prize jury
What listeners say about The Next Age of Uncertainty
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- Royce
- 2023-09-10
Sophisticated yet still approachable
Poloz lays out complex economic ideas in simple and easy to read ways. The personal stories and anecdotes are a very nice touch.
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- IrishChick
- 2023-02-03
Autobiographical
Interesting read for a non-economist type. Part historical and part autobiographical. Worth the effort to read with the opportunity to learn quite a bit about our banking system
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- Anonymous User
- 2022-03-08
Great Book for Central Bank and Economics Nerds
The narrator delivers the script clearly, audibly, and at a great pace. Very on point for the subject matter. Not over stimulating, not too boring either.
The book itself offers great insight into our modern economy by a seasoned expert. A very insightful and real take on the economic future of Canadians.
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1 person found this helpful
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- Amazon Customer
- 2022-04-16
Canada's economic story
The author does an excellent job of telling the story of Canada over a decade of ups and downs. The story explains many of the interactions between the political, fiscal, and financial forces guiding Canada's fortunes. If it has a weakness, it is that which is shared by most who write from a life of privilege having little understanding of the real middle class life in Canada.
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- Nikola Kuzmic
- 2022-03-10
Engaging and insightful
Listening to this audible was like hanging out with a fun uncle who is happy to entertain everyone with his personal stories while teaching them a thing or two about the forces that will shape their future. Highly recommend!
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- Mr, V
- 2022-03-20
Surprisingly great!
banking sounds kind of boring, till you listen to this. The fiscal policy is not that complex but affects all of us.
poloz's language is simple and is more of a story than text book.
there is a kind of sincerity in the tone of the book, however we always have to trust but verify with our elected officials.
some suggested solutions for the future are inspiring. ie shared ownership of homes between banks and inhabitants. which would be interesting to see come to fruition. but would overturn a fixed hierarchy.
this is really worth a listen. hopefully we can all participate in our future more
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- Sina Sedighi
- 2023-01-24
A Sketch of variables that are shaping out world
Approachable book by a central banker on how he sees the future of economic decisions, the risk involved and the factors that will inevitably make our era, an era of uncertainty!
Thanks Mr Poloz
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- Albert
- 2022-07-19
An Obfuscated Work
The author’s style and the structure of the book make it difficult for the reader to apprehend his points. Brevity is not an attribute of this work. Much would have been gained by making it more succinct.
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