Richard Heinberg is the man to write this book. Steeped in these issues for decades, he takes the reader step by step through our current and future world. The End of Growth covers economics, the environment and energy and the interplay between them to show why we have entered an era of no growth. This is a sobering book to be sure, but part of the message is that we have to enter the future withe eyes wide open and a plan - or the transition will be worse than it needs to be. He does offer some direction at the end, but there are no easy answers to hang your hat on. The bottom line, according to Heinberg (with ample evidence to back him up) is that we are entering the 5th great era of humanity after 1) fire, 2) agriculture, 3)industrialization and 4) technology. I would recommend this book to anyone who wants to educate themselves about the macro trends which are defining our existence now (and in the near future.) Well written and highly informative. — Chris Morrow
The global economy has reached a turning point. As energy and food prices escalate and debt levels explode, paths that led to economic expansion now go nowhere. The recession will not end in a recovery, yet in the coming years we can still thrive--if we maximize happiness rather than the pursuit of growth at any cost.
Economics has failed us ... but there is life after growth
Economists insist that recovery is at hand, yet unemployment remains high, real estate values continue to sink, 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:
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 GDP.
Richard Heinberg is the author of nine previous books, including The Party's Over , Peak Everything , and Blackout . A senior fellow of the Post Carbon Institute, Heinberg is one of the world's foremost peak oil educators and an effective communicator of the urgent need to transition away from fossil fuels.