The Long Boom

Thanks to various technological, fiscal, and political revolutions that have reshaped our world over the past two decades, some observers believe, the new millennium will offer opportunities for economic expansion that rival any previously recorded. The Long Boom is a fascinating attempt to pin down this potential upsurge by combining a shrewd examination of where we've been headed for the last 20 years with a plausible forecast of where--with a bit of good fortune and tenacity--we might be going during the next 20. Moreover, its unique mixture of germane facts and figures with supportable projections and original storytelling techniques (most notably a letter to friends sent once a decade by a fictional observer born in 1960) make it as readable as it is provocative. Originating as an article in Wired magazine, the optimistic scenario envisioned by authors Peter Schwartz (chairman of a combination think tank and consulting firm), Peter Leyden (a technology, economics, and political journalist), and Joel Hyatt (a Stanford entrepreneurship professor who cofounded the legal-services firm bearing his name) integrates existing and potential technological advancements, financial developments, political upheavals, and social movements. Among its predictions are a formulation of a "glass pipeline" that seamlessly tracks manufacturing and production processes, creation of a volunteer Global Corps to aid developing nations, the dawning of a true Space Age, and the birth of a unified worldwide society with "well-off people who share certain values that are transcending borders." The account is highly recommended to everyone concerned with, yet hopeful about, the future. --Howard Rothman