The Bubble Economy: Is Sustainable Growth Possible?.pdf

The Bubble Economy: Is Sustainable Growth Possible?

Robert U. Ayres

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.

Sweden has had an economic model in the post-World War II era characterized by close cooperation between the government, labour unions, and corporations.The Swedish economy has extensive and universal social benefits funded by high taxes, close to 50% of GDP. In the 1980s, a real estate and financial bubble formed, driven by a rapid increase in lending. FRB Speech, Bernanke -- Asset-price "bubbles" …

3.63 MB DATEIGRÖSSE
0262027437 ISBN
Englisch SPRACHE
The Bubble Economy: Is Sustainable Growth Possible?.pdf

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Sofia Voigt

[PDF] The Bubble Economy: Is Sustainable …

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Matteo Müller

The Bubble Economy : Is Sustainable Growth …

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Noel Schulze

Is China a bubble economy? Since 1978, the Chinese economy has grown very fast, but many are asking how sustainable this growth really is - in many areas, commentators are sugges>ng that at least some of the growth is actually a bubble and that soon, this bubble will burst, meaning that people have not done as well as they thought. 5 Stages Of A Bubble - Investopedia

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Jason Lehmann

Is China a bubble economy? Since 1978, the Chinese economy has grown very fast, but many are asking how sustainable this growth really is - in many areas, commentators are sugges>ng that at least some of the growth is actually a bubble and that soon, this bubble will burst, meaning that people have not done as well as they thought. 5 Stages Of A Bubble - Investopedia

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Jessica Kohmann

The concept of perpetual growth among advanced economies has come under increased scrutiny as calls for a sustainable economic model intensify. Here we look at the arguments for and against economic growth to assess whether it can co-exist peacefully with large-scale decarbonisation. The Bubble Economy by Robert U. Ayres · …