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The Economics of Enough: How to Run the Economy as If the Future Matters
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The Economics of Enough: How to Run the Economy as If the Future Matters

3.4 of 5 stars 3.40  ·  rating details  ·  47 ratings  ·  5 reviews
The world's leading economies are facing not just one but many crises. The financial meltdown may not be over, climate change threatens major global disruption, economic inequality has reached extremes not seen for a century, and government and business are widely distrusted. At the same time, many people regret the consumerism and social corrosion of modern life. What the ...more
ebook, 336 pages
Published February 14th 2011 by Princeton University Press (first published January 1st 2011)
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I thought this a very sensible and solid book. It applies practical economics to some of the huge problems that we face including:
-the threat of climate change;
-the unsustainable growth of public debt, both hidden and acknowledged; and,
- growing inequality.
She deals well with the study of happiness and its link to standard economic measures. Thankfully she gently disposes of the arguments who would throw away GDP.
The author does not, I think, have the ambition of pretending to advance the fronti
Apr 11, 2014 Stephen is currently reading it  ·  review of another edition
As I am reading this book one chapter at a time, perhaps it is best to write up my notes for each chapter as I read them.

Chapter 1 - Happiness
Much has been made on the economics of happiness. This chapter acts as a counter to a lot of the thinking that has become taken on uncritically. For example, increased GDP may not make us happier, but less GDP certainly makes us unhappier. Other factors come into play as well as material wealth - things like justice and fairness - which we ought to value.

The author of this book did a good job of conveying the complexity of the problem, and recognizing that each country must come up with solutions that fit their own culture and financial situation. The 10 first steps for governments to take seem well thought-out and reasonable. I also liked that she recognized that neither government nor the market had all the answers and would need to both change. But, I have a few criticisms that make this only a 3-star book:

She spends a lot of time belittling
Polly Callahan
Jan 24, 2015 Polly Callahan marked it as finish-later
read to page 9, then read most of the conclusion
Copyright 2011
Samuel Lubell
Nonfiction, economics.
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