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The Limits Of Economic Growth
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Book Synopsis The Limits to Growth by : Donella H. Meadows
Download or read book The Limits to Growth written by Donella H. Meadows and published by Universe Pub. This book was released on 1972 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Examines the factors which limit human economic and population growth and outlines the steps necessary for achieving a balance between population and production. Bibliogs
Book Synopsis Physical Limits to Economic Growth by : Roberto Burlando
Download or read book Physical Limits to Economic Growth written by Roberto Burlando and published by Routledge. This book was released on 2017-12-22 with total page 246 pages. Available in PDF, EPUB and Kindle. Book excerpt: The debate on the physical limits and constraints to the economic growth of globalized society is now widespread. This book explores the physical and economic aspects of the conflict between humans, with their thoughtless focus on growth through material production, and environmental constraints. In the context of the looming shortage of material resources and the latest science on climate change, Physical Limits to Economic Growth offers new insights which provide a broad and comprehensive picture of the conflict between humans and environmental constraints. The authors’ approach goes beyond the boundaries of specialized disciplines to explore climate change, resource depletion, technical innovation and the interactions between these within the socio-economic-institutional systems we live in. This volume looks at opportunities for rethinking these systems if we moved away from fossil fuel dependence, while considering the status of current mainstream economic thinking around this subject. Physical Limits to Economic Growth provides a genuine interdisciplinary examination of the physical limits to economic growth. It will be of interest to both students and academics in various disciplines in the areas of natural sciences, climate change and economics.
Book Synopsis The Limits to Growth Revisited by : Ugo Bardi
Download or read book The Limits to Growth Revisited written by Ugo Bardi and published by Springer Science & Business Media. This book was released on 2011-05-27 with total page 128 pages. Available in PDF, EPUB and Kindle. Book excerpt: “The Limits to Growth” (Meadows, 1972) generated unprecedented controversy with its predictions of the eventual collapse of the world's economies. First hailed as a great advance in science, “The Limits to Growth” was subsequently rejected and demonized. However, with many national economies now at risk and global peak oil apparently a reality, the methods, scenarios, and predictions of “The Limits to Growth” are in great need of reappraisal. In The Limits to Growth Revisited, Ugo Bardi examines both the science and the polemics surrounding this work, and in particular the reactions of economists that marginalized its methods and conclusions for more than 30 years. “The Limits to Growth” was a milestone in attempts to model the future of our society, and it is vital today for both scientists and policy makers to understand its scientific basis, current relevance, and the social and political mechanisms that led to its rejection. Bardi also addresses the all-important question of whether the methods and approaches of “The Limits to Growth” can contribute to an understanding of what happened to the global economy in the Great Recession and where we are headed from there.
Book Synopsis Understanding Long-Run Economic Growth by : Dora L. Costa
Download or read book Understanding Long-Run Economic Growth written by Dora L. Costa and published by University of Chicago Press. This book was released on 2011-10 with total page 400 pages. Available in PDF, EPUB and Kindle. Book excerpt: The conditions for sustainable growth and development are among the most debated topics in economics, and the consensus is that institutions matter greatly in explaining why some economies are more successful than others over time. This book explores the relationship between economic conditions, growth, and inequality.
Book Synopsis Economic Growth and the Environment by : Sander M. de Bruyn
Download or read book Economic Growth and the Environment written by Sander M. de Bruyn and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 250 pages. Available in PDF, EPUB and Kindle. Book excerpt: Is economic growth good for the environment? A number of economists have claimed that economic growth can benefit the environment, recruiting political support and finance for environmental policy measures. This view has received increasing support since the early 1990s from empirical evidence that has challenged the traditional environmentalist's belief that economic growth degrades the environment. This book reviews the theoretical and empirical literature on growth and the environment, giving an in-depth empirical treatment of the relationship between the two. Various hypotheses are formulated and tested for a number of indicators of environmental pressure. The test results indicate that alternative models and estimation methods should be used, altering previous conclusions about the effect of economic growth on the environment and offering an insight into the forces driving emission reduction in developed countries.
Book Synopsis The Limits of Business Development and Economic Growth by : M. Larsson
Download or read book The Limits of Business Development and Economic Growth written by M. Larsson and published by Palgrave Macmillan. This book was released on 2004-01-01 with total page 220 pages. Available in PDF, EPUB and Kindle. Book excerpt: The economy has hit a soft patch.' - US Federal Reserve Chairman Alan Greenspan, reacting to the weak US job growth in June 2004 Mats Larsson: 'No, the economy is closing in on the limits of business development and economic growth and we are starting to see the consequences. In the next few years we will need to rethink economic policies and business strategies.' The Limits of Business Development and Economic Growth details what this means for your company, your industry or your country! There are limits to business development and economic growth. With the help of modern production and information technologies, companies are coming ever closer to the limits of what can be achieved but ultimately nothing can be done in less than no time and at less than no cost. We now need to find areas of competitive advantage that have not yet been fully exploited. This book presents both the problems and the solutions in an accessible way for experts and non-experts alike.
Download or read book Karl Polanyi written by Gareth Dale and published by Polity. This book was released on 2010-06-21 with total page 320 pages. Available in PDF, EPUB and Kindle. Book excerpt: Karl Polanyi’s The Great Transformation is generally acclaimed as being among the most influential works of economic history in the twentieth century, and remains as vital in the current historical conjuncture as it was in his own. In its critique of nineteenth-century ‘market fundamentalism’ it reads as a warning to our own neoliberal age, and is widely touted as a prophetic guidebook for those who aspire to understand the causes and dynamics of global economic turbulence at the end of the 2000s. Karl Polanyi: The Limits of the Market is the first comprehensive introduction to Polanyi’s ideas and legacy. It assesses not only the texts for which he is famous – prepared during his spells in American academia – but also his journalistic articles written in his first exile in Vienna, and lectures and pamphlets from his second exile, in Britain. It provides a detailed critical analysis of The Great Transformation, but also surveys Polanyi’s seminal writings in economic anthropology, the economic history of ancient and archaic societies, and political and economic theory. Its primary source base includes interviews with Polanyi’s daughter, Kari Polanyi-Levitt, as well as the entire compass of his own published and unpublished writings in English and German. This engaging and accessible introduction to Polanyi’s thinking will appeal to students and scholars across the social sciences, providing a refreshing perspective on the roots of our current economic crisis.
Download or read book 2052 written by Jorgen Randers and published by Chelsea Green Publishing. This book was released on 2012-06-13 with total page 419 pages. Available in PDF, EPUB and Kindle. Book excerpt: With clarity, conscience, and courage, global-systems pioneer Jorgen Randers and his distinguished contributors map the forces that will shape the next four decades. Forty years ago, The Limits to Growth study addressed the grand question of how humans would adapt to the physical limitations of planet Earth. It predicted that during the first half of the 21st century the ongoing growth in the human ecological footprint would stop-either through catastrophic "overshoot and collapse"-or through well-managed "peak and decline." So, where are we now? And what does our future look like? In the book 2052, Jorgen Randers, one of the coauthors of Limits to Growth, issues a progress report and makes a forecast for the next forty years. To do this, he asked dozens of experts to weigh in with their best predictions on how our economies, energy supplies, natural resources, climate, food, fisheries, militaries, political divisions, cities, psyches, and more will take shape in the coming decades. He then synthesized those scenarios into a global forecast of life as we will most likely know it in the years ahead. The good news: we will see impressive advances in resource efficiency, and an increasing focus on human well-being rather than on per capita income growth. But this change might not come as we expect. Future growth in population and GDP, for instance, will be constrained in surprising ways-by rapid fertility decline as result of increased urbanization, productivity decline as a result of social unrest, and continuing poverty among the poorest 2 billion world citizens. Runaway global warming, too, is likely. So, how do we prepare for the years ahead? With heart, fact, and wisdom, Randers guides us along a realistic path into the future and discusses what readers can do to ensure a better life for themselves and their children during the increasing turmoil of the next forty years.
Book Synopsis Rethinking Economic Growth Theory From a Biophysical Perspective by : Blair Fix
Download or read book Rethinking Economic Growth Theory From a Biophysical Perspective written by Blair Fix and published by Springer. This book was released on 2014-12-09 with total page 129 pages. Available in PDF, EPUB and Kindle. Book excerpt: Neoclassical growth theory is the dominant perspective for explaining economic growth. At its core are four implicit assumptions: 1) economic output can become decoupled from energy consumption; 2) economic distribution is unrelated to growth; 3) large institutions are not important for growth; and 4) labor force structure is not important for growth. Drawing on a wide range of data from the economic history of the United States, this book tests the validity of these assumptions and finds no empirical support. Instead, connections are found between the growth in energy consumption and such disparate phenomena as economic redistribution, corporate employment concentration, and changing labor force structure. The integration of energy into an economic growth model has the potential to offer insight into the future effects of fossil fuel depletion on key macroeconomic indicators, which is already manifested in stalled or diminished growth and escalating debt in many national economies. This book argues for an alternative, biophysical perspective to the study of growth, and presents a set of "stylized facts" that such an approach must successfully explain. Aspects of biophysical analysis are combined with differential monetary analysis to arrive at a unique empirical methodology for investigating the elements and dependencies of the economic growth process.
Book Synopsis The 4% Solution by : The Bush Institute
Download or read book The 4% Solution written by The Bush Institute and published by Crown Currency. This book was released on 2012-07-17 with total page 370 pages. Available in PDF, EPUB and Kindle. Book excerpt: Foreword by President George W. Bush With contributions from world renowned economists and Nobel prizewinners, The 4% Solution is a blueprint for restoring America’s economic health The United States is reaching a pivotal point in its economic history. Millions of Americans owe more on their homes than they are worth, long-term unemployment is alarmingly high, and the Congressional Budget Office is projecting a sustainable growth rate of only 2.3%—a full percentage point below the average for the past sixty years. Unless a turnaround comes quickly, the United States could be mired in debt for years to come and millions of Americans will be pushed to the sidelines of the economy. The 4% Solution offers clear and unflinching ideas on how to revive America’s economy. It sets a positive economic goal and asks some of the top economic minds on how to achieve it. With a focus on removing government constraints, The 4% Solution defines the policies that will allow Americans to save, invest, and create the jobs that the United States needs. The 4% Solution draws on the best minds in the business, including five Nobel laureates: · Robert E. Lucas, Jr., on the history and future of economic growth · Gary S. Becker on why we need immigrants in order to grow · Edward Prescott on the cost (to growth) of the welfare state · Vernon Smith on why housing leads us into and out of recessions · Myron Scholes on why we need to innovate in order to grow the economy
Book Synopsis Managing without Growth, Second Edition by : Peter A. Victor
Download or read book Managing without Growth, Second Edition written by Peter A. Victor and published by Edward Elgar Publishing. This book was released on 2018 with total page 376 pages. Available in PDF, EPUB and Kindle. Book excerpt: Ten years after the publication of the first edition of this influential book, the evidence is even stronger that human economies are overwhelming the regenerative capacity of the planet. This book explains why long-term economic growth is infeasible, and why, especially in advanced economies, it is also undesirable. Simulations based on real data show that managing without growth is a better alternative
Book Synopsis Flourishing Within Limits to Growth by : Sven Erik Jørgensen
Download or read book Flourishing Within Limits to Growth written by Sven Erik Jørgensen and published by Routledge. This book was released on 2015-07-03 with total page 236 pages. Available in PDF, EPUB and Kindle. Book excerpt: Decades of research and discussion have shown that the human population growth and our increased consumption of natural resources cannot continue – there are limits to growth. This volume demonstrates how we might modify and revise our economic systems using nature as a model. The book describes how nature uses three growth forms: biomass, information, and networks, resulting in improved overall ecosystem functioning and co-development. As biomass growth is limited by available resources, nature uses the two other growth forms to achieve higher resource use efficiency. Through a universal application of the three ‘R’s: reduce, reuse, and recycle, nature thus shows us a way forward towards better solutions. However, our current approach, dominated by short-term economic thinking, inhibits full utilization of the three ‘R’s and other successful approaches from nature. Building on ecological principles, the authors present a global model and futures scenario analyses which show that implementation of the proposed changes will lead to a win-win situation. In other words, we can learn from nature how to develop a society that can flourish within the limits to growth with better conditions for prosperity and well-being.
Download or read book Collision Course written by Kerryn Higgs and published by MIT Press. This book was released on 2016-09-02 with total page 411 pages. Available in PDF, EPUB and Kindle. Book excerpt: The story behind the reckless promotion of economic growth despite its disastrous consequences for life on the planet. The notion of ever-expanding economic growth has been promoted so relentlessly that “growth” is now entrenched as the natural objective of collective human effort. The public has been convinced that growth is the natural solution to virtually all social problems—poverty, debt, unemployment, and even the environmental degradation caused by the determined pursuit of growth. Meanwhile, warnings by scientists that we live on a finite planet that cannot sustain infinite economic expansion are ignored or even scorned. In Collision Course, Kerryn Higgs examines how society's commitment to growth has marginalized scientific findings on the limits of growth, casting them as bogus predictions of imminent doom. Higgs tells how in 1972, The Limits to Growth—written by MIT researchers Donella Meadows, Dennis Meadows, Jorgen Randers, and William Behrens III—found that unimpeded economic growth was likely to collide with the realities of a finite planet within a century. Although the book's arguments received positive responses initially, before long the dominant narrative of growth as panacea took over. Higgs explores the resistance to ideas about limits, tracing the propagandizing of “free enterprise,” the elevation of growth as the central objective of policy makers, the celebration of “the magic of the market,” and the ever-widening influence of corporate-funded think tanks—a parallel academic universe dedicated to the dissemination of neoliberal principles and to the denial of health and environmental dangers from the effects of tobacco to global warming. More than forty years after The Limits to Growth, the idea that growth is essential continues to hold sway, despite the mounting evidence of its costs—climate destabilization, pollution, intensification of gross global inequalities, and depletion of the resources on which the modern economic edifice depends.
Book Synopsis The Limits of the Market by : Paul de Grauwe
Download or read book The Limits of the Market written by Paul de Grauwe and published by Oxford University Press. This book was released on 2017 with total page 182 pages. Available in PDF, EPUB and Kindle. Book excerpt: Paul De Grauwe examines why a healthy mix of market and state seems so difficult and analyses the internal and external limits of the market and the government, and the swing between these two points.
Book Synopsis The End of Growth by : Richard Heinberg
Download or read book The End of Growth written by Richard Heinberg and published by Rudolf Steiner Press. This book was released on 2012-07-09 with total page 404 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis Of Limits and Growth by : Stephen Macekura
Download or read book Of Limits and Growth written by Stephen Macekura and published by Cambridge University Press. This book was released on 2015-07-15 with total page 349 pages. Available in PDF, EPUB and Kindle. Book excerpt: Of Limits and Growth offers new perspectives on environmentalism, post-1945 international history, and the origins of sustainability.
Book Synopsis Economic Growth and Sustainable Development by : Peter N. Hess
Download or read book Economic Growth and Sustainable Development written by Peter N. Hess and published by Routledge. This book was released on 2016-05-26 with total page 754 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economic growth, reflected in increases in national output per capita, makes possible an improved material standard of living and the alleviation of poverty. Sustainable development, popularly and concisely defined as ‘meeting the needs of the present generations without compromising the ability of future generations to meet their needs,' directly addresses the utilization of natural resources, the state of the environment, and intergenerational equity. Now in its second edition, Economic Growth and Sustainable Development features expanded discussion of income distribution, social capital and the insights of behavioural economics for climate change mitigation. Boxed case studies have been added which explore the impact of economic growth on people and countries in both the developed and developing world. This text addresses the following fundamental questions: What causes economic growth? Why do some countries grow faster than others? What accounts for the extraordinary growth in the world’s population over the past two centuries? What are the current trends in population and will these trends continue? How do we measure sustainable development and is sustainable development compatible with economic growth? Why is climate change the greatest market failure of all time? What can be done to mitigate climate change and global warming? With a blend of formal models, empirical evidence, history and policy, this text provides a coherent and comprehensive treatment of economic growth and sustainable development. It is suitable for those who study development economics, sustainable development and ecological economics.
