Sustainable Prosperity in the New Economy? PDF Download

Author: William Lazonick
Publisher: W.E. Upjohn Institute
ISBN: 0880993510
Category : Business & Economics
Languages : en
Pages : 377

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Book Description
Lazonick explores the origins of the new era of employment insecurity and income inequality, and considers what governments, businesses, and individuals can do about it. He also asks whether the United States can refashion its high-tech business model to generate stable and equitable economic growth. --from publisher description.

Author: Steven Hail
Publisher: Springer
ISBN: 3319909819
Category : Business & Economics
Languages : en
Pages : 289

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Book Description
The central argument of this book is that the foundations for sustainable prosperity lie in an approach to economic management based on modern monetary theory and a job guarantee. This approach builds on the work of Keynes, Kalecki, Minsky, Davidson, Godley and other Post- Keynesian economists—as well as research by behavioral economists including Simon, Kahneman and Loewenstein—to explore the role that a permanent, equitable job guarantee could play in building an inclusive, participatory and just society. Orthodox (neoclassical) economics, in its various forms, has failed to deliver sustainable prosperity. An important reason for this failure is its lack of realistic foundations. It misrepresents both human nature and economic institutions, and its use as a frame for the development and assessment of economic policy proposals has had disastrous consequences for social inclusion and the quality of life of millions of people. This book discusses an alternative, more realistic and more useful set of economic foundations, which could deliver the opportunity of a decent quality of life with dignity to all.

Author: Arsenio Balisacan
Publisher: Academic Press
ISBN: 0128004169
Category : Science
Languages : en
Pages : 532

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Book Description
Sustainable Economic Development: Resources, Environment, and Institutions presents 25 articles that lay the foundations of sustainable development in a way that facilitates effective policy design. The editors mix broad thematic papers with focused micro-papers, balancing theories with policy designs. The book begins with two sections on sustainable development principles and practice and on specific settings where sustainable development is practiced. Two more sections illuminate institutions, governance, and political economy. Additional sections cover sustainable development and agriculture, and risk and economic security, including disaster management. This rich source of information should appeal to any institution involved in development work, and to development practitioners grappling with an array of difficult on-the-ground developmental challenges. Analyzes policies that move markets and resource use patterns towards achieving sustainability Articles are kaleidoscopic in scope and creativity Authors embody extraordinary diversity and qualifications

Author: Tim Jackson
Publisher: Taylor & Francis
ISBN: 1317388224
Category : Business & Economics
Languages : en
Pages : 310

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Book Description
What can prosperity possibly mean in a world of environmental and social limits? The publication of Prosperity without Growth was a landmark in the sustainability debate. Tim Jackson’s piercing challenge to conventional economics openly questioned the most highly prized goal of politicians and economists alike: the continued pursuit of exponential economic growth. Its findings provoked controversy, inspired debate and led to a new wave of research building on its arguments and conclusions. This substantially revised and re-written edition updates those arguments and considerably expands upon them. Jackson demonstrates that building a ‘post-growth’ economy is a precise, definable and meaningful task. Starting from clear first principles, he sets out the dimensions of that task: the nature of enterprise; the quality of our working lives; the structure of investment; and the role of the money supply. He shows how the economy of tomorrow may be transformed in ways that protect employment, facilitate social investment, reduce inequality and deliver both ecological and financial stability. Seven years after it was first published, Prosperity without Growth is no longer a radical narrative whispered by a marginal fringe, but an essential vision of social progress in a post-crisis world. Fulfilling that vision is simply the most urgent task of our times.

Author: Melissa K. Scanlan
Publisher: Yale University Press
ISBN: 0300253990
Category : Business & Economics
Languages : en
Pages : 396

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Book Description
Investor-owned corporations dominate today's political economy, and are designed primarily to optimize profit. This solely financial focus sidelines the equally important goals of protecting the environment, paying living wages, and being responsible community members. However, as Melissa K. Scanlan demonstrates in Prosperity and the Fossil-Free Economy: How Cooperatives are Designing Sustainable Businesses, there are other paths forward to create sustainable and profitable business. Drawing on her extensive experience founding and directing social enterprises, Scanlan provides a legal blueprint for creating alternate corporate business models, including Certified B Corps and benefit corporations, with an emphasis on cooperatives. This volume is divided in two main parts. In Part I, Scanlan reveals how the legal design of enterprises can either incentivize or impede decarbonization and sustainable goals, and suggests alternative designs for social enterprises. In Part II, she translates international recommendations for decarbonization into manageable concepts for implementation, providing case study research as relatable examples. Prosperity and the Fossil-Free Economy reveals the power and potential of cooperating as a unifying concept around which to design social enterprise for triple bottom line results: for society, the environment, and finances.

Author: Charles A.S. Hall
Publisher: Elsevier
ISBN: 0080492215
Category : Science
Languages : en
Pages : 792

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Book Description
Until recently, the phenomenal economic development of the Asian tigers, Chile, and Malaysia, as well as the sustained economic growth of the United States, painted a very desirable and optimistic picture of free markets, fiscal responsibility, and, more generally, the entire dogma of neoclassical economics. As of the fall of 1998, however, the economies of many tropical countries have contracted severely, and the enthusiasm of the developing tropics for the free market and all of its ancillary policies is decidedly cooler. Have our traditional approaches to economics been failing the developing world? This interdisciplinary book covers the conditions of the developing tropics, the resistance of some of their problems to earlier attempts at solutions, and the use of new tools to develop a much more comprehensive and empirical framework for analysis and decision making. It also presents the development of cutting edge technology that links GIS and modeling approaches with extensive databases on meteorology, soils, agricultural production, and land use. The book discusses whether development is sustainable through a synthesis of demographic, economic, and resource-specific considerations. Costa Rica is uniquely suited to this study because of its size, stage of development, democratic institutions, and national databases. A CD-ROM containing all data and programs, color images, animated models, large data tables, and references accompanies the book. Links economic and biophysical analyses of sustainability Presents new tools and approaches for analysis and decision-making Includes a CD-ROM containing data and programs, color images, animated models, and references

Author: Herman E. Daly
Publisher: Beacon Press
ISBN: 0807047066
Category : Business & Economics
Languages : en
Pages : 264

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Book Description
"Daly is turning economics inside out by putting the earth and its diminishing natural resources at the center of the field . . . a kind of reverse Copernican revolution in economics." --Utne Reader "Considered by most to be the dean of ecological economics, Herman E. Daly elegantly topples many shibboleths in Beyond Growth. Daly challenges the conventional notion that growth is always good, and he bucks environmentalist orthodoxy, arguing that the current focus on 'sustainable development' is misguided and that the phrase itself has become meaningless." --Mother Jones "In Beyond Growth, . . . [Daly] derides the concept of 'sustainable growth' as an oxymoron. . . . Calling Mr. Daly 'an unsung hero,' Robert Goodland, the World Bank's top environmental adviser, says, 'He has been a voice crying in the wilderness.'" --G. Pascal Zachary, The Wall Street Journal "A new book by that most far-seeing and heretical of economists, Herman Daly. For 25 years now, Daly has been thinking through a new economics that accounts for the wealth of nature, the value of community and the necessity for morality." --Donella H. Meadows, Los Angeles Times "For clarity of vision and ecological wisdom Herman Daly has no peer among contemporary economists. . . . Beyond Growth is essential reading." --David W. Orr, Oberlin College "There is no more basic ethical question than the one Herman Daly is asking." --Hal Kahn, The San Jose Mercury News "Daly's critiques of economic orthodoxy . . . deliver a powerful and much-needed jolt to conventional thinking." --Karen Pennar, Business Week Named one of a hundred "visionaries who could change your life" by the Utne Reader,Herman Daly is the recipient of many awards, including a Grawemeyer Award, the Heineken Prize for environmental science, and the "Alternative Nobel Prize," the Right Livelihood Award. He is professor at the University of Maryland's School of Public Affairs, and coauthor with John Cobb, Jr., of For the Common Good.

Author: Jeffrey D. Sachs
Publisher: Columbia University Press
ISBN: 0231545282
Category : Political Science
Languages : en
Pages : 153

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Book Description
The influential economist offers a persuasive strategy for a more just and sustainable economy—with a forward by Bernie Sanders. The New York Times has said that Jeffrey D. Sachs is “probably the most important economist in the world.” Now, in a book that combines impassioned manifesto with a plan of action, Sachs charts a path to move America toward sustainable development. Sustainable development is a holistic approach to public policy that unifies economic, social, and environmental objectives. By focusing too much on short-term economic growth, the United States has neglected rising inequality and dire environmental threats—all while putting our long-term economic growth at risk. Sachs explores issues that have captivated national discourse, including infrastructure, trade deals, energy policy, the proper size and role of government, the national debt, and income inequality. In accessible language, he illuminates the forces at work in each case and presents specific policy solutions. His argument rises above the stagnation of partisanship to envision a brighter way forward both individually and collectively. “Sachs demonstrates expertise on vastly different policy fields and makes a convincing case that abdicating the toxic intersection of militarism and exceptionalism is key to building a brighter future.”—Global Policy Journal

Author: Strange Tracey
Publisher: OECD Publishing
ISBN: 9264055746
Category :
Languages : en
Pages : 142

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Book Description
A succinct examination of the concept of sustainable development: what it means; how it is impacted by globalisation, production and consumption; how it can be measured; and what can be done to promote it.

Author: Stephen J. Williams
Publisher: Springer Nature
ISBN: 3030787958
Category : Science
Languages : en
Pages : 342

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Book Description
This multidisciplinary book provides new insights and hope for sustainable prosperity given recent developments in economics – but only if swift and strong actions consistent with Earth’s biophysical limits and principles of justice are universally taken. It is one thing to put limits on resource throughput and waste generation to conform with the ecosphere’s biocapacity. It is another thing to efficiently allocate a sustainable rate of resource throughput and ensure it is equitably distributed in the form of final goods and services. While the separate but interdependent decisions regarding throughput, distribution, and allocation are the essence of ecological economics, dealing with them in a world that needs to cure its growth addiction requires a realistic understanding of macroeconomics and the fiscal capacity of currency-issuing central governments. Sustainable prosperity demands that we harness this understanding to carefully regulate the rate of resource throughput and manipulate macroeconomic outcomes to facilitate human flourishing. The book begins by outlining humanity’s current predicament of gross ecological overshoot and laments the half-century of missed opportunities since The Limits to Growth (1972). What was once economic growth has become, in many high-income countries, uneconomic growth (additional costs exceeding additional benefits), which is no longer advancing wellbeing. Meanwhile, low-income nations need a dose of efficient and equitable growth to escape poverty while protecting their environments and the global commons. The book argues for a synthesis of our increasing knowledge of the ecosphere’s limited carrying capacity and the power of governments to harness, transform, and distribute resources for the common good. Central to this synthesis must be a correct understanding of the difference between financial constraints and real resource constraints. While the latter apply to everyone, the former do not apply to currency-issuing central governments, which have much more capacity for corrective action than mainstream thinking perceives. The book joins the growing chorus of authoritative voices calling for a complete overhaul of the dominant economic system. We conclude with policy recommendations based on a new economics that, if implemented, would come close to guaranteeing a sustainable and prosperous future. Upon reading this book, at least one thing should be crystal clear: business as usual is not a viable option.