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  • Open Daily: 10am - 10pm
    Alley-side Pickup: 10am - 7pm

    3038 Hennepin Ave Minneapolis, MN
    612-822-4611

Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
The Doom Loop: Why the World Economic Order Is Spiraling Into Disorder

The Doom Loop: Why the World Economic Order Is Spiraling Into Disorder

Prasad, Eswar S.

Hardcover

Business GeneralEconomicsGeneral Political Science

Publisher Price: $32.00

ISBN10: 1541705939
ISBN13: 9781541705937
Publisher: Basic Venture
Published: Feb 3 2026
Pages: 368
Weight: 1.20
Height: 1.50 Width: 5.90 Depth: 9.40
Language: English
The acclaimed economist and author of The Future of Money argues that the forces meant to stabilize the world's economy are in fact driving global instability

An excellent survey of some of the most important issues in international affairs today. --Financial Times

Global economic power is shifting, liberal market-oriented democracies face growing domestic turmoil, and international trade and financial integration is crumbling. How did we get here?

In The Doom Loop, economist Eswar Prasad argues that the very forces that we long believed could stabilize the world order are fueling its destabilization. Rather than promoting shared prosperity, globalization has instead deepened economic inequality, stoked political backlash, and prompted escalating trade wars. Institutions like the International Monetary Fund and World Trade Organization, founded to foster international cooperation, have failed to adapt to twenty-first-century realities. The rise of middle power countries like India, Brazil, and Indonesia once suggested a stable multipolar future, but today, such nations are increasingly forced to pick sides as the United States and China fight for global dominance.

Prasad argues that we are caught in a destructive feedback loop between economics, domestic politics, and geopolitics. The Doom Loop offers a clear-eyed and bracing account of a world spiraling into disorder, and makes it clear that old solutions cannot pull us out--we need radically new solutions to solve the world's problems.

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