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The End of Growth By Richard Heinberg

The End of Growth by Richard Heinberg

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Summary

Economists insist that recovery is at hand, yet unemployment remains high, real estate values continue to drop, and governments stagger under record deficits. This title focuses on the financial crisis, explaining how and why it occurred, and what we must do to avert the worst potential outcomes.

The End of Growth Summary

The End of Growth: Adapting to Our New Economic Reality by Richard Heinberg

Economists insist that recovery is at hand, yet unemployment remains high, real estate values continue to drop, and governments stagger under record deficits. "The End of Growth" proposes a startling diagnosis: humanity has reached a fundamental turning point in its economic history. The expansionary trajectory of industrial civilization is colliding with non-negotiable, natural limits. Richard Heinberg's latest landmark work goes to the heart of the ongoing financial crisis, explaining how and why it occurred, and what we must do to avert the worst potential outcomes. Written in an engaging, highly readable style, it shows why growth is being blocked by three factors: Resource depletion, Environmental impacts, and Crushing levels of debt. These converging limits will force us to re-evaluate cherished economic theories, and to reinvent money and commerce. "The End of Growth" describes what policy makers, communities and families can do to build a new economy that operates within Earth's budget of energy and resources. We can thrive during the transition if we set goals that promote human and environmental well-being, rather than continuing to pursue the now-unattainable prize of ever-expanding Gross Domestic Product.

The End of Growth Reviews

Read this book and have the light switched on! - Caroline Lucas, MP

About Richard Heinberg

RICHARD HEINBERG is the author of nine award-winning books including The Party's Over, Powerdown, Peak Everything and Blackout. He is a Senior Fellow of the Post carbon Institute, and is widely regarded as one of the world's foremost Peak Oil educators. He is a recipient of the M. King Hubbert Award for excellence in energy education, and since 2002 has given over 400 lectures on fossil fuel depletion to audiences around the world. He has been published in Nature, the world's premiere scientific journal; he has been quoted in Time magazine; he has been featured in television and theatrical documentaries including Leonardo Dicaprio's 11th Hour; and he has been interviewed on national radio and television in many countries. To learn more about Richard and his work, visit TheEndOfGrowth.com

Table of Contents

Acknowledgments Introduction: The New Normal Why Is Growth Ending? The End of Growth Should Come As no Surprise Why Is Growth So Important? But Isn't Growth normal? The Simple Math of Compounded Growth. The Peak Oil Scenario From Scary Theory to Scarier Reality Bursting Bubbles What Comes After Growth? A Guide to the Book 1. The Great Balloon Race Economic History in Ten Minutes Economics for the Hurried 20th-Century Economics Business Cycles, Interest Rates, and Central Banks Mad Money I Owe You 2. The Sound of Air Escaping Houses of Cards Setting the Stage: 1970 to 2001 Shadow Banks and the Housing Bubble What Goes Up The Mother of All Manias Limits to Debt All Loaned Up and nowhere to Go Stimulus Duds, Bailout Blanks Actions by Other nations and Their Central Banks After All the Arrows have Flown Deflation or Inflation? The Bridge to nowhere 3. Earth's Limits: Why Growth Won't Return Oil Other Energy Sources How Markets May Respond to Resource Scarcity: The Goldilocks Syndrome Water Food Metals and Other Minerals Climate Change, Pollution, Accidents, Environmental Decline, and natural Disasters 4. Won't Innovation, Substitution, and Efficiency Keep Us Growing? Substitutes Forever Energy Efficiency to the Rescue Business Development: The Cavalry's on the Way Moore's or Murphy's Law? Specialization and Globalization: Genies at Our Command 5. Shrinking Pie: Competition and Relative Growth in a Finite World The China Bubble Currency Wars Post-Growth Geopolitics Population Stress: Old vs. Young on a Full Planet The End of "Development"? The Post-Growth Struggle Between Rich and Poor 6. Managing Contraction, Redefining Progress The Default Scenario Haircuts for All...or Free Money? Post-Growth Money Post-Growth Economics Gross national Happiness Our Problems Are Resolvable In Principle 7. Life After Growth Setting Priorities Transition Towns Common Security Clubs Putting the new Economy on the Map What Might a Sustainable Society Look Like? Perspective Notes Index About the Author

Additional information

GOR010628026
9781905570331
1905570333
The End of Growth: Adapting to Our New Economic Reality by Richard Heinberg
Used - Like New
Paperback
Clairview Books
2011-10-11
336
N/A
Book picture is for illustrative purposes only, actual binding, cover or edition may vary.
The book has been read, but looks new. The book cover has no visible wear, and the dust jacket is included if applicable. No missing or damaged pages, no tears, possible very minimal creasing, no underlining or highlighting of text, and no writing in the margins

Customer Reviews - The End of Growth