The wait is almost over. After weeks of hints and rumors, Texas Governor Rick Perry will reportedly announce a presidential run in South Carolina on Saturday. [..]
The timing of Perry’s speech undercuts the Ames Straw Poll, a crucial event for many of the Republican candidates that will occur the same day. With Perry not participating, the results will likely hold less weight and may quickly be overshadowed by coverage of the Texas governor’s debut.
The End Of Growth: Adapting To Our New Economic Reality
Economists insist that recovery is at hand. Yet, unemployment remains high, real estate values continue to sink, and governments stagger under record deficits. The End of Growth proposes a startling diagnosis: humanity has reached a fundamental turning point in our economic history. The expansionary trajectory of industrial civilization is colliding with non-negotiable natural limits.
Richard Heinberg’s latest landmark work goes to the heart of the ongoing financial crisis, explaining how and why it occurred, and what we must do to avert the worst potential outcomes. Written in an engaging, highly readable style, it shows why growth is being blocked by three factors:
Environmental impacts, and
Crushing levels of debt.
These converging limits will force us to re-evaluate cherished economic theories and to reinvent money and commerce.
The End of Growth describes what policymakers, communities, and families can do to build a new economy that operates within Earth’s budget of energy and resources. We can thrive during the transition if we set goals that promote human and environmental well-being, rather than continuing to pursue the now-unattainable prize of ever-expanding GDP.