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Fewer, richer, greener : prospects for humanity in an age of abundance
\"\"The quality of [his] thinking and [his] writing is...second to none in the world of finance.\"--Jack Bogle, founder, Vanguard \"That great explainer of everything to everybody.\" --Richard Flannery, CEO, The Investment Fund for Foundations Our world is burdened with disappearing economic growth, a deteriorating environment, limited natural resources, and not just too many people, but too many old people. Really? While such pessimism may mark you as a wise soul at the neighborhood cocktail party, it isn't supported by the facts. Yes, there are reasons to worry, as there have always been. But there are far more reasons to be optimistic, as author Laurence Siegel explains in his fascinating look at the future, Fewer, Richer, Greener. The recent dramatic slowing in global population growth will allow prosperity to spread from the developed to the developing world. Prosperity is mostly based on technology in the broadest sense of that word--meaning \"the techniques we use for getting the most out of what we have.\" That technology is cumulative. We have what we had yesterday, plus whatever new technology is developed today. Except in times of massive economic dislocation, the present is better than the past--and the future will be better still. Using narrative, data, biography and interviews with leading thinkers, Fewer, Greener, Richer, traces the history of economic progress and explosres its consequences for human life around the world. We are, as Siegel explains, at the turning point where the economic development of the past 200 years in the first world has begun to spread to the rest of the globe. Using sources ranging from the Old Testament to the latest writings on economics, biology, and philosophy, Siegel tells the story of how we arrived at this point, and lays out a vision for the progress we are about to witness. This future will not be without problems, but we will have the knowledge and technology to solve those problems in ways that would have be unimaginable only a few decades ago\"-- Provided by publisher.
Book
Fewer, Richer, Greener
How the world has become much better and why optimism is abundantly justified
Why do so many people fear the future? Is their concern justified, or can we look forward to greater wealth and continued improvement in the way we live?
Our world seems to be experiencing stagnant economic growth, climatic deterioration, dwindling natural resources, and an unsustainable level of population growth. The world is doomed, they argue, and there are just too many problems to overcome. But is this really the case? In Fewer, Richer, Greener, author Laurence B. Siegel reveals that the world has improved —and will continue to improve—in almost every dimension imaginable.
This practical yet lighthearted book makes a convincing case for having gratitude for today's world and optimism about the bountiful world of tomorrow. Life has actually improved tremendously. We live in the safest, most prosperous time in all human history. Whatever the metric—food, health, longevity, education, conflict—it is demonstrably true that right now is the best time to be alive. The recent, dramatic slowing in global population growth continues to spread prosperity from the developed to the developing world. Technology is helping billions of people rise above levels of mere subsistence. This technology of prosperity is cumulative and rapidly improving: we use it to solve problems in ways that would have be unimaginable only a few decades ago. An optimistic antidote for pessimism and fear, this book:
* Helps to restore and reinforce our faith in the future
* Documents and explains how global changes impact our present and influence our future
* Discusses the costs and unforeseen consequences of some of the changes occurring in the modern world
* Offers engaging narrative, accurate data and research, and an in-depth look at the best books on the topic by leading thinkers
* Traces the history of economic progress and explores its consequences for human life around the world
Fewer, Richer, Greener: Prospects for Humanity in an Age of Abundance is a must-read for anyone who wishes to regain hope for the present and wants to build a better future.
eBook
Machine-learning techniques in economics : new tools for predicting economic growth
This book develops a machine-learning framework for predicting economic growth. It can also be considered as a primer for using machine learning (also known as data mining or data analytics) to answer economic questions. While machine learning itself is not a new idea, advances in computing technology combined with a dawning realization of its applicability to economic questions makes it a new tool for economists.
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Economic Theory and Sustainable Development
Is development sustainable? When addressing the sustainability issue, decision-makers are faced with two challenges: taking into account conflicting issues, such as economic development and environmental preservation, while also ensuring intergenerational equity. Tackling these challenges amounts to deciding what should be bequeathed to future generations, especially in terms of natural resources.
eBook
The Planet in 2050
In 2050, the billions of people living on Earth have found a way to manage the planetary system effectively. Everyone has access to adequate food, shelter, and clean water. Human health is no longer considered outside of the health of the ecosystems in which people live. Ecological awareness is an integral part of education. People respond effectively to social and environmental hazards, and societies care for the most vulnerable amongst them. The economy, too, has shifted. Carbon dioxide management is under control, and energy efficiency is the norm. The remaining rainforests have been preserved. Coral reefs are recovering. Fish stocks are thriving. Is any of this really possible? How can our complex social and economic systems interact with a complex planetary system undergoing rapid change to create a future we all want?
This book is a contextualised collation of ideas articulated by the 50 participants of the Planet 2050 workshop held in Lund in October 2008, as part of The Planet in 2050, an interdisciplinary Fast Track Initiative of the International Geosphere-Biosphere Programme. Participants were selected from academia and the sustainability practice community to give a wide-ranging, multi-cultural, trans-disciplinary set of perspectives.
This collection explores four broad sectoral themes: energy and technologies; development, economies and culture; environment; and land use change. By doing so, this book emphasises the importance of a social dialogue on our collective future, and our responsibility to the Earth. It makes strong statements about what needs to happen to the global economy for a sustainable future and documents a new kind of scholarly discussion, engaging people from diverse knowledge communities in a spirit of exploration and reflexivity. The book provides a focus for dialogue and further study for postgraduates and researchers interested in global change as a multi-faceted, socio-environmental
eBook
China and India, 2025
China and India, the world's two most populous countries, will exercise increasing influence in international affairs in the coming decades. This document assesses the relative prospects of China and India through 2025 in four domains: demography, macroeconomics, science and technology, and defense spending and procurement. In each domain, the authors try to answer the following questions: Who is ahead? By how much? and Why?
eBook
Morocco 2040 : emerging by investing in intangible capital
Documents the major economic and social strides made by Morocco over the past 15 years and analyzes the policies and political economy conditions for accelerating the pace of economic catch-up by 2040.
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In 100 Years
This pithy and engaging volume shows that economists may be better equipped to predict the future than science fiction writers. Economists' ideas, based on both theory and practice, reflect their knowledge of the laws of human interactions as well as years of experimentation and reflection. Although perhaps not as screenplay-ready as a work of fiction, these economists' predictions are ready for their close-ups. In this book, ten prominent economists -- including Nobel laureates and several likely laureates -- offer their ideas about the world of the twenty-second century. In scenarios that range from the optimistic to the guardedly gloomy, these thinkers consider such topics as the transformation of work and wages, the continuing increase in inequality, the economic rise of China and India, the endlessly repeating cycle of crisis and (projected) recovery, the benefits of technology, the economic consequences of political extremism, and the long-range effects of climate change. For example, Daron Acemoglu offers a thoughtful discussion of how trends of the last century -- including uneven growth, technological integration, and resource scarcity -- might translate into the next; 2013 Nobelist Robert Shiller provides an innovative view of future risk management methods using information technology; 2012 Nobelist Alvin Roth projects his theory of Matching Markets into the next century, focusing on schools, jobs, marriage and family, and medicine; 1987 Nobelist Robert Solow considers the shift away from remunerated labor, among other subjects; and Martin Weitzman raises the intriguing but alarming possibility of using geoengineering techniques to mitigate the nevitable effects of climate change. In a 1930 essay mentioned by several contributors, \"Economic Possibilities for Our Grandchildren,\" John Maynard Keynes offered predictions that, read today, range from absolutely correct to spectacularly wrong. This book follows in Keynes's path, hoping, perhaps, to better his average.
eBook