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Billions in the Sand: The Secret Economy of Failed Projects

19.99 €
In stock
Billions in the Sand: The Secret Economy of Failed Projects
19.99 €
In basket
A book about how grand ideas turn into gigantic financial holes. Robert Stanley reveals why the largest public and private initiatives - from mega-construction projects to technological revolutions - most often end in failure, despite the billions invested.

Who makes money on unfulfilled promises? Why do obviously unprofitable projects receive funding? And most importantly, are failures really accidental, or is there a carefully constructed system of money redistribution behind them? The author exposes the myths about progress, innovation and development, showing how government grants, investment funds and international corporations create an "economy of failures", where inefficiency is not a mistake, but a business model.

This book will make you take a new look at where budget trillions go and why the most ambitious projects are doomed from the very beginning.
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