The Bubble Economy
Is Sustainable Growth Possible?
(Sprache: Englisch)
The global economy has become increasingly, perhaps chronically, unstable. Since 2008, we have heard about the housing bubble, subprime mortgages, banks too big to fail," financial regulation (or the lack of it), and the European debt crisis. Wall Street...
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The global economy has become increasingly, perhaps chronically, unstable. Since 2008, we have heard about the housing bubble, subprime mortgages, banks too big to fail," financial regulation (or the lack of it), and the European debt crisis. Wall Street has discovered that it is more profitable to make money from other peoples money than by investing in the real economy, which has limited access to capital--resulting in slow growth and rising inequality. What we havent heard much about is the role of natural resources--energy in particular--as drivers of economic growth, or the connection of global warming" to the economic crisis. In The Bubble Economy, Robert Ayres--an economist and physicist--connects economic instability to the economics of energy.
Autoren-Porträt von Robert U. Ayres
Robert U. Ayres, an American-born physicist and economist, is Emeritus Professor of Economics and Political Science at INSEAD, the international graduate business school. He is the author or coauthor of many books, including (with Benjamin Warr) The Economic Growth Engine: How Energy and Work Drive Prosperity.
Bibliographische Angaben
- Autor: Robert U. Ayres
- 2014, 386 Seiten, 37 Abbildungen, Maße: 16,1 x 23,7 cm, Gebunden, Englisch
- Verlag: MIT Press
- ISBN-10: 0262027437
- ISBN-13: 9780262027434
Sprache:
Englisch
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