The Growth Delusion

Author: David Pilling
Publisher: Tim Duggan Books
ISBN: 052557252X
Category : Business & Economics
Languages : en
Pages : 304

Book Description
A provocative critique of the pieties and fallacies of our obsession with economic growth We live in a society in which a priesthood of economists, wielding impenetrable mathematical formulas, set the framework for public debate. Ultimately, it is the perceived health of the economy which determines how much we can spend on our schools, highways, and defense; economists decide how much unemployment is acceptable and whether it is right to print money or bail out profligate banks. The backlash we are currently witnessing suggests that people are turning against the experts and their faulty understanding of our lives. Despite decades of steady economic growth, many citizens feel more pessimistic than ever, and are voting for candidates who voice undisguised contempt for the technocratic elite. For too long, economics has relied on a language which fails to resonate with people's actual experience, and we are now living with the consequences. In this powerful, incisive book, David Pilling reveals the hidden biases of economic orthodoxy and explores the alternatives to GDP, from measures of wealth, equality, and sustainability to measures of subjective wellbeing. Authoritative, provocative, and eye-opening, The Growth Delusion offers witty and unexpected insights into how our society can respond to the needs of real people instead of pursuing growth at any cost.

The Growth Delusion

Author: David Pilling
Publisher: Bloomsbury Publishing
ISBN: 140889372X
Category : Business & Economics
Languages : en
Pages : 353

Book Description
SHORTLISTED FOR THE ORWELL PRIZE FOR POLITICAL WRITING 2019 'A near miracle' Ha-Joon Chang, author of 23 Things They Don't Tell You About Capitalism According to the economy, we have never been wealthier or happier. So why doesn't it feel that way? The Growth Delusion explores how we prioritise growth maximisation without stopping to think about the costs. So much of what is important to our well-being, from safe streets to sound minds, lies outside the purview of statistics. In a book that is both thought-provoking and entertaining, David Pilling argues that our steadfast loyalty to growth is informing misguided policies, and proposes different criteria for measuring our success.

Equality, the Third World, and Economic Delusion

Author: Péter Tamás Bauer
Publisher: Harvard University Press
ISBN: 9780674259867
Category : Business & Economics
Languages : en
Pages : 310

Book Description
Even in impoverished countries lacking material and human resources, P. T. Bauer argues, economic growth is possible under the right conditions. These include a certain amount of thrift and enterprise among the people, social mores and traditions which sustain them, and a firm but limited government which permits market forces to work. Challenging many views about development that are widely held, Bauer takes on squarely the notion that egalitarianism is an appropriate goal. He goes on to argue that the population explosion of less-developed countries has on the whole been a voluntary phenomenon and that each new generation has lived better than its forebears. He also critically examines the notion that the policies and practices of Western nations have been responsible for third world poverty. In a major chapter, he reviews the rationalizations for foreign aid and finds them weak; while in another he shows that powerful political clienteles have developed in the Western nations supporting the foreign aid process and probably benefiting more from it than the alleged recipients. Another chapter explores the link between the issue of Special Drawing Rights by the International Monetary Fund on the one hand and the aid process on the other. Throughout the book, Bauer carefully examines the evidence and the light it throws on the propositions of development. Although the results of his analysis contradict the conventional wisdom of development economics, anyone who is seriously concerned with the subject must take them into account.

The Great Delusion

Author: Steven Stoll
Publisher: Hill and Wang
ISBN: 1429996196
Category : Business & Economics
Languages : en
Pages : 240

Book Description
Endless economic growth rests on a belief in the limitless abundance of the natural world. But when did people begin to believe that societies should—even that they must—expand in wealth indefinitely? In The Great Delusion, the historian and storyteller Steven Stoll weaves past and present together through the life of a strange and brooding nineteenth-century German engineer and technological utopian named John Adolphus Etzler, who pursued universal wealth from the inexhaustible forces of nature: wind, water, and sunlight. The Great Delusion neatly demonstrates that Etzler's fantasy has become our reality and that we continue to live by some of the same economic assumptions that he embraced. Like Etzler, we assume that the transfer of matter from environments into the economy is not bounded by any condition of those environments and that energy for powering our cars and iPods will always exist. Like Etzler, we think of growth as progress, a turn in the meaning of that word that dates to the moment when a soaring productive capacity fused with older ideas about human destiny. The result is economic growth as we know it, not as measured by the gross domestic product but as the expectation that our society depends on continued physical expansion in order to survive.

Energy

Author: Tom Butler
Publisher: Watershed Media
ISBN: 9780970950086
Category : Business & Economics
Languages : en
Pages : 0

Book Description
With large-format color photography, ENERGY features the writings of more than thirty leading thinkers on energy, society, and ecology. Collectively, they illuminate the true costs, benefits, and limitations of all our energy options. Ultimately, the book offers not only a deep critique of the current system -- which is toxic to nature and people -- but also a hopeful vision for a new energy economy that fosters beauty and health, emphasizes community-scale generation, and supports durable economies, not incessant growth.

Delusion in Death

Author: J. D. Robb
Publisher: Penguin
ISBN: 1101600209
Category : Fiction
Languages : en
Pages : 384

Book Description
Lieutenant Eve Dallas must foil a terrorist plot in this explosive thriller in the #1 New York Times bestselling In Death series. It was just another after-work happy hour at a bar downtown—until the madness descended. And after twelve minutes of chaos and violence, more than eighty people lay dead. Lieutenant Eve Dallas is trying to sort out the inexplicable events. Surviving witnesses talk about seeing things—monsters and swarms of bees. They describe sudden, overwhelming feelings of fear and rage and paranoia. When forensics makes its report, the mass delusions make more sense: it appears the bar patrons were exposed to a cocktail of chemicals and illegal drugs that could drive anyone into temporary insanity—if not kill them outright. But that doesn’t explain who would unleash such horror—or why. Eve’s husband, Roarke, happens to own the bar, but he’s convinced the attack wasn’t directed at him. It’s bigger than that. And if Eve can’t figure it out fast, it could happen again, anytime, anywhere. Because it’s airborne…

The Halo Effect

Author: Phil Rosenzweig
Publisher: Simon and Schuster
ISBN: 1847397026
Category : Business & Economics
Languages : en
Pages : 380

Book Description
Why do some companies prosper while others fail? Despite great amounts of research, many of the studies that claim to pin down the secret of success are based in pseudoscience. THE HALO EFFECT is the outcome of that pseudoscience, a myth that Philip Rosenzweig masterfully debunks in THE HALO EFFECT. THE HALO EFFECT highlights the tendency of experts to point to the high financial performance of a successful company and then spread its golden glow to all of the company's attributes - clear strategy, strong values, and brilliant leadership. But in fact, as Rosenzweig clearly illustrates, the experts are not just wrong, but deluded. Rosenzweig suggests a more accurate way to think about leading a company, a robust and clearheaded approach that can save any business from ultimate failure.

Debt and Delusion

Author: Peter Warburton
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 344

Book Description

Licence to be Bad

Author: Jonathan Aldred
Publisher: Penguin UK
ISBN: 0241325447
Category : Business & Economics
Languages : en
Pages : 352

Book Description
'It is going to change the way in which we understand many modern debates about economics, politics, and society' Ha Joon Chang, author of 23 Things They Don't Tell You About Capitalism Over the past fifty years, the way we value what is 'good' and 'right' has changed dramatically. Behaviour that to our grandparents' generation might have seemed stupid, harmful or simply wicked now seems rational, natural, woven into the very logic of things. And, asserts Jonathan Aldred in this revelatory new book, it's economics that's to blame. Licence to be Bad tells the story of how a group of economics theorists changed our world, and how a handful of key ideas, from free-riding to Nudge, seeped into our decision-making and, indeed, almost all aspects of our lives. Aldred reveals the extraordinary hold of economics on our morals and values. Economics has corrupted us. But if this hidden transformation is so recent, it can be reversed. Licence to be Bad shows us where to begin.

The Spirit Level Delusion

Author: Christopher Snowdon
Publisher: Democracy Institute/Little Dice
ISBN: 9780956226518
Category : Political Science
Languages : en
Pages : 172

Book Description
Do Cubans live longer than Americans? Are Scandinavians happier than the British? Do Oscar winners live longer than other actors? Does capitalism cause mental illness? Does inequality lead to murder? Would higher taxes make us slimmer, more trusting and more charitable? The Spirit Level Delusion shines the light of reason on some of the extraordinary claims made in favour of big government in the twenty-first century. Several books (The Spirit Level, Happiness and Affluenza amongst others) have called for a radical shift in power from the individual to the state based on the supposedly devastating effects of wealth, economic growth and inequality. By examining all the available evidence, Christopher Snowdon tests the theory that 'more equal' countries are healthier, happier and more successful. Through a sober assessment of the facts-including some inconvenient truths-The Spirit Level Delusion shows that the theory not only lacks empirical support but also fails the basic test of believability. "If you haven t read a book that made you laugh out loud on the bus or the Tube in a while, try Christopher Snowdon s superb release, The Spirit Level Delusion. But the book s subtle humour is not the reason I am recommending it. The Spirit Level Delusion is, above all, a book that delivers and goes well beyond the promise of its subtitle 'fact-checking the left s new theory of everything'... It may well be that the next big battle for a free society will be fought against the new anti-wealth egalitarianism. Christopher Snowdon has provided defenders of freedom with powerful ammunition." Kristian Niemietz, Institute of Economic Affairs "Snowdon picks so many holes in the theory that were it a building it wouldn t be passed as structurally sound by the most crooked of third world local government surveyors... I wish that everyone who espoused The Spirit Level would read The Spirit Level Delusion, which explains just how dubious the science behind this grand theory is." Ed West, The Telegraph "The Spirit Level Delusion not only successfully and dramatically undermines much of the evidence in The Spirit Level, but also takes on the other fashionable opponents of economic growth... His engaging discussion unpicks the evidence of the anti-growth brigade and demonstrates that it is selective and partial. This book is excellent tube reading . Philip Booth, City AM