Prosperity Without Growth
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Prosperity Without Growth
''Prosperity Without Growth'' is a book by author and economist Tim Jackson. It was originally released as a report by the Sustainable Development Commission. The study rapidly became the most downloaded report in the Commission's nine-year history when it was published in 2009. The report was later that year reworked and published as a book by Earthscan. A revised and expanded edition (''Prosperity Without Growth: Foundations for the Economy of Tomorrow'') was published in January 2017. Description By arguing that "prosperityin any meaningful sense of the wordtranscends material concerns", the book summarizes the evidence showing that, beyond a certain point, growth does not increase human well-being. ''Prosperity without Growth'' analyses the complex relationships between economic growth, environmental crises and social recession. It proposes a route to a sustainable economy, and argues for a redefinition of "prosperity" in light of the evidence on what really contribute ...
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Tim Jackson (economist)
Tim Jackson (born 1957) is a British ecological economist and professor of sustainable development at the University of Surrey. He is the director of the Centre for the Understanding of Sustainable Prosperity (CUSP), a multi-disciplinary, international research consortium which aims to understand the economic, social and political dimensions of sustainable prosperity. Tim Jackson is the author of '' Prosperity Without Growth'' (2009 and 2017) and '' Material Concerns'' (1996). In 2016, he received the Hillary Laureate for exceptional mid-career Leadership. His most recent book '' Post Growth—Life After Capitalism'' was published in March 2021 by Polity Press. Work Academic work For more than twenty five years, he has worked internationally on sustainable consumption and production. During five years at the Stockholm Environment Institute in the early 1990s, he pioneered the concept of preventative environmental management outlined in his 1996 book '' Material Concerns ...
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Economic Growth
Economic growth can be defined as the increase or improvement in the inflation-adjusted market value of the goods and services produced by an economy in a financial year. Statisticians conventionally measure such growth as the percent rate of increase in the real gross domestic product, or real GDP. Growth is usually calculated in real terms – i.e., inflation-adjusted terms – to eliminate the distorting effect of inflation on the prices of goods produced. Measurement of economic growth uses national income accounting. Since economic growth is measured as the annual percent change of gross domestic product (GDP), it has all the advantages and drawbacks of that measure. The economic growth-rates of countries are commonly compared using the ratio of the GDP to population (per-capita income). The "rate of economic growth" refers to the geometric annual rate of growth in GDP between the first and the last year over a period of time. This growth rate represents the trend ...
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Books About Energy Issues
A book is a medium for recording information in the form of writing or images, typically composed of many pages (made of papyrus, parchment, vellum, or paper) bound together and protected by a cover. The technical term for this physical arrangement is ''codex'' (plural, ''codices''). In the history of hand-held physical supports for extended written compositions or records, the codex replaces its predecessor, the scroll. A single sheet in a codex is a leaf and each side of a leaf is a page. As an intellectual object, a book is prototypically a composition of such great length that it takes a considerable investment of time to compose and still considered as an investment of time to read. In a restricted sense, a book is a self-sufficient section or part of a longer composition, a usage reflecting that, in antiquity, long works had to be written on several scrolls and each scroll had to be identified by the book it contained. Each part of Aristotle's ''Physics'' is called a b ...
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2009 Non-fiction Books
9 (nine) is the natural number following and preceding . Evolution of the Arabic digit In the beginning, various Indians wrote a digit 9 similar in shape to the modern closing question mark without the bottom dot. The Kshatrapa, Andhra and Gupta started curving the bottom vertical line coming up with a -look-alike. The Nagari continued the bottom stroke to make a circle and enclose the 3-look-alike, in much the same way that the sign @ encircles a lowercase ''a''. As time went on, the enclosing circle became bigger and its line continued beyond the circle downwards, as the 3-look-alike became smaller. Soon, all that was left of the 3-look-alike was a squiggle. The Arabs simply connected that squiggle to the downward stroke at the middle and subsequent European change was purely cosmetic. While the shape of the glyph for the digit 9 has an ascender in most modern typefaces, in typefaces with text figures the character usually has a descender, as, for example, in . The mo ...
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2009 In The Environment
This is a list of notable events relating to the environment in 2009. They relate to environmental law, conservation, environmentalism and environmental issues. Events * The United Nations General Assembly declared 2009 as the International Year of Natural Fibres. Promoting sustainability was one of its aims. * The town of Picher, Oklahoma in the United States is depopulated due to environment and health problems from mining operations. February *The 2009 USS ''Port Royal'' grounding of the United States Navy guided missile cruiser ''Port Royal'' occurred off Oahu, Hawaii. In the incident, the ship ran aground on a coral reef, damaging and necessitating repairs to both the ship and the reef. The incident received wide press coverage in Hawaii, at least in part because of the damage caused to a sensitive coral environment. *The West Cork oil spill was an oil spill off the southern coast of Ireland. March *The 2009 southeast Queensland oil spill occurred off the coast of sou ...
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Material Concerns
''Material Concerns'' is a book by author and economist Tim Jackson. Published in 1996, it pioneered the concept of ''preventive environmental management'', a core principle of the circular economy framework. Description Twenty years before the Ellen MacArthur Foundation established its now widely recognised circular economy mission, Tim Jackson began developing what was called at the time ''preventive environmental management''. The core idea was: prevention is better than cure, "preventing environmental damage at the outset is better than cleaning up after the fact". ''Material Concerns - Pollution, Profit and Quality of Life'' was published in 1996 as a synthesis of his findings in ''Clean Production Strategies – Developing Preventive Environmental Management in the Industrial Economy'', an edited collection drawing chapters from pre-eminent writers in the field, such as Walter R Stahel, Bill Rees, and Bob Costanza. Rooted in the laws of thermodynamics and explicitly ...
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Stern Review
The Stern Review on the Economics of Climate Change is a 700-page report released for the Government of the United Kingdom on 30 October 2006 by economist Nicholas Stern, chair of the Grantham Research Institute on Climate Change and the Environment at the London School of Economics (LSE) and also chair of the Centre for Climate Change Economics and Policy (CCCEP) at Leeds University and LSE. The report discusses the effect of global warming on the world economy. Although not the first economic report on climate change, it is significant as the largest and most widely known and discussed report of its kind. The Review states that climate change is the greatest and widest-ranging market failure ever seen, presenting a unique challenge for economics. The Review provides prescriptions including environmental taxes to minimise the economic and social disruptions. The Stern Review's main conclusion is that the benefits of strong, early action on climate change far outweigh the costs ...
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Steady-state Economy
A steady-state economy is an economy made up of a constant stock of physical wealth (capital) and a constant population size. In effect, such an economy does not grow in the course of time. The term usually refers to the economy, national economy of a particular country, but it is also applicable to the economic system of a city, a region, or the world economy, entire world. Early in the history of economic thought, classical economics, classical economist Adam Smith of the 18th century developed the concept of a ''stationary state'' of an economy: Smith believed that any national economy in the world would sooner or later settle in a final state of wikt:stationarity, stationarity. Since the 1970s, the concept of a steady-state economy has been associated mainly with the work of leading ecological economics, ecological economist Herman Daly. As Daly's concept of a ''steady-state'' includes the ecological analysis of natural resource flows through the economy, his concept d ...
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Post-growth
Post-growth is stance on economic growth concerning the limits-to-growth dilemma — recognition that, on a planet of finite material resources, extractive economies and populations cannot grow infinitely. The term "post-growth" acknowledges that economic growth can generate beneficial effects up to a point, but beyond that point (cited as $25,000 GDP/capita by Richard Wilkinson and Kate Pickett in their book '' The Spirit Level'') it is necessary to look for other indicators and techniques to increase human wellbeing. Post-growth can be distinguished from similar concepts and movements (such as degrowth and steady-state economy) in that it seeks to identify and build on what is already working, rather than focusing on what is not. Post-growth advocates try to encourage, connect and further develop already existing ideas, concepts, technologies, systems, initiatives, and actions. In this way, "post-growth" does not specify the answer to the limits-to-growth challenge, as "st ...
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Degrowth
Degrowth (french: décroissance) is a term used for both a political, economic, and social movement as well as a set of theories that critique the paradigm of economic growth. It can be described as an extensive framework that is based on critiques of the growth-centered economic system in which we are living. Degrowth is based on ideas from a diverse range of lines of thought such as political ecology, ecological economics, feminist political ecology, and environmental justice, pointing out the social and ecological harm caused by the pursuit of infinite growth and Western "development" imperatives. Degrowth emphasizes the need to reduce global consumption and production ( social metabolism) and advocates a socially just and ecologically sustainable society with social and environmental well-being replacing GDP as the indicator of prosperity. Hence, although GDP is likely to shrink in a "Degrowth society", i.e. a society in which the objectives of the degrowth movement are ...
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Macroeconomics
Macroeconomics (from the Greek prefix ''makro-'' meaning "large" + ''economics'') is a branch of economics dealing with performance, structure, behavior, and decision-making of an economy as a whole. For example, using interest rates, taxes, and government spending to regulate an economy's growth and stability. This includes regional, national, and global economies. According to a 2018 assessment by economists Emi Nakamura and Jón Steinsson, economic "evidence regarding the consequences of different macroeconomic policies is still highly imperfect and open to serious criticism." Macroeconomists study topics such as Gross domestic product, GDP (Gross Domestic Product), unemployment (including Unemployment#Measurement, unemployment rates), national income, price index, price indices, output (economics), output, Consumption (economics), consumption, inflation, saving, investment (macroeconomics), investment, Energy economics, energy, international trade, and international finance. ...
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Economy
An economy is an area of the production, distribution and trade, as well as consumption of goods and services. In general, it is defined as a social domain that emphasize the practices, discourses, and material expressions associated with the production, use, and management of scarce resources'. A given economy is a set of processes that involves its culture, values, education, technological evolution, history, social organization, political structure, legal systems, and natural resources as main factors. These factors give context, content, and set the conditions and parameters in which an economy functions. In other words, the economic domain is a social domain of interrelated human practices and transactions that does not stand alone. Economic agents can be individuals, businesses, organizations, or governments. Economic transactions occur when two groups or parties agree to the value or price of the transacted good or service, commonly expressed in a certain currency. Ho ...
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