This is a true age of uncertainty for the world economy | Barry Eichengreen

Donald Trump and the EU crisis make the instability described by JK Galbraith nearly 40 years ago seem enviableThe year 2017 will mark the 40th anniversary of the publication of John Kenneth Galbraith’s The Age of Uncertainty. Forty years is a long time, but it is worth looking back and reminding ourselves of how much he and his readers had to be uncertain about.In 1977, as Galbraith was writing, the world was still reeling from the effects of the first Opec oil-price shock and wondering w