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The End of Growth: Adapting to Our New Economic Reality [Paperback]

Richard Heinberg
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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

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