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Growth
A History and a Reckoning
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Daniel Susskind
Language:
English
Published/Copyright:
2024
About this book
Daniel Susskind traces the rich, surprisingly brief history of economic growth and responds to its ills. We cannot focus only on growth’s upsides, but nor is degrowth a viable policy: the benefits of prosperity are too great to discard. Instead we must face tradeoffs, demoting growth from our top priority and reckoning with its moral challenges.
Reviews
A useful addition to the public discussion of growth in a longer-term context.
-- Vivek Arora Finance & Development
-- Vivek Arora Finance & Development
A concise and informative study of the idea, its past, and its potential future…[Susskind] is a reliable guide to economists’ often arcane arguments about growth and a clear commentator on their significance.
-- Robert Bellafiore Jr. City Journal
-- Robert Bellafiore Jr. City Journal
A readable and useful introduction to the green-growth perspective.
-- Rutger Hoekstra Nature
-- Rutger Hoekstra Nature
Consults the balance sheet of a capitalist society dedicated to economic growth and concludes that in the 21st century, the singular ambition of growth may need to be modified but shouldn’t be abandoned.
-- Benjamin Kunkel The Nation
-- Benjamin Kunkel The Nation
Pushes back against the contention that the scope for economic growth is now greatly diminished and that humankind, in order to save the planet, must transition to no growth.
-- Barry Eichengreen Foreign Affairs
-- Barry Eichengreen Foreign Affairs
Economic growth is a double-edged sword, according to this thought-provoking treatise…The high-level discussions evaluating the merits of economists Paul Romer’s and Joel Mokyr’s theories about the origins of human prosperity can be dense, but the discerning analysis is worth the effort. This brings clarity to a pressing and intractable quandary.
-- Publishers Weekly
-- Publishers Weekly
Daniel Susskind is a compelling, insightful thinker on the largest and most fundamental economic topics. At a time when traditional notions of growth are increasingly being questioned, this book is profoundly important. Agree or disagree, anyone who wants to engage with the broad direction of economic policy needs to reckon with Susskind’s views.
-- Lawrence H. Summers, former Secretary of the Treasury
-- Lawrence H. Summers, former Secretary of the Treasury
What type of economic growth we should pursue, how much of it, and for whose benefit will be crucial questions in the years to come, especially if current trends—more and more inequality, and an increasing concentration of power among the select few companies shaping the future of technology—continue. This well-written, thought-provoking book is essential reading for anybody interested in these epochal debates.
-- Daron Acemoglu, coauthor of Power and Progress and Why Nations Fail
-- Daron Acemoglu, coauthor of Power and Progress and Why Nations Fail
For two centuries, economic growth has meant longer lives, better health, and material comfort. But has growth now come to an end? What can be done to restart the engine? Or should we halt growth deliberately, given its environmental costs? This panoramic book addresses the most fundamental economic questions from a deeply ethical perspective.
-- Diane Coyle, author of Cogs and Monsters and GDP: A Brief but Affectionate History
-- Diane Coyle, author of Cogs and Monsters and GDP: A Brief but Affectionate History
Growth—the lack of it, the search for it, the barriers to it—is the challenge at the core of most political debates and with which all politicians struggle. Susskind’s study is a tour de force.
-- Gordon Brown, former Prime Minister of the UK
-- Gordon Brown, former Prime Minister of the UK
Daniel Susskind writes with verve, style, and conviction about one of the most important issues of our age.
-- Rory Stewart, author of The Places in Between and How Not to Be a Politician
-- Rory Stewart, author of The Places in Between and How Not to Be a Politician
This is a wonderfully elegant and authoritative explanation-cum-manifesto for what is perhaps the most important economic issue facing us today—the mystery of economic growth and what we need to do to solve it.
-- Andy Haldane, former chief economist of the Bank of England
-- Andy Haldane, former chief economist of the Bank of England
Topics
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Publishing information
Pages and Images/Illustrations in book
eBook published on:
April 16, 2024
eBook ISBN:
9780674297050
Pages and Images/Illustrations in book
Main content:
288
eBook ISBN:
9780674297050
Keywords for this book
climate change; globalization; automation; artificial intelligence; gross domestic product; wealth; income; education; recession; wages; thomas malthus; gdp fetishism; joseph stiglitz; pandemic; poverty; population; industrial revolution; emissions