Error loading page.
Try refreshing the page. If that doesn't work, there may be a network issue, and you can use our self test page to see what's preventing the page from loading.
Learn more about possible network issues or contact support for more help.
Advanced
Title details for Muddling Toward Frugality by Warren Johnson - Wait list

Muddling Toward Frugality

by Warren Johnson
ebook
Read a sample Read a sample
Mr. Johnson’s thesis can be summarized without much difficulty: after generations of extravagant and reckless industrial expansion, we are clearly entering an age of economic scarcity. While human demands continue to rise, natural resources, especially the non-renewable kind, become harder to find and more expensive to extract, process, transport and distribute. This simple brute fact is the basic cause of inflation, despite the inability of most professional economists to see it. (The “dismal science” has never been more dismally obtuse than it is today.) The law of diminishing returns is coming into effect. Technological developments can delay the process but not halt or reverse it; nor can we rely on government or big business to save us. Planning for further growth delays the adjustments that must be made, makes a fair sharing of necessary sacrifices more troublesome, and if carried too far will make more severe and painful, because rapid, the inevitable decline of the international economic machine. The best way to deal with the end of affluence is to accept it—not fight it—and to begin, here and now, the unavoidable adaptations, on an individual, family, and community basis. Piecemeal, experimental, and muddling.
Expand title description text
Publisher: Easton Studio Press, LLC

Kindle Book

  • Release date: July 6, 2010

OverDrive Read

  • ISBN: 9781935212171
  • Release date: July 6, 2010

EPUB ebook

  • ISBN: 9781935212171
  • File size: 289 KB
  • Release date: July 6, 2010

PDF ebook

  • ISBN: 9781935212171
  • File size: 1365 KB
  • Release date: July 6, 2010

Formats

Kindle Book
OverDrive Read
EPUB ebook
PDF ebook

subjects

Business Nonfiction

Languages

English

Mr. Johnson’s thesis can be summarized without much difficulty: after generations of extravagant and reckless industrial expansion, we are clearly entering an age of economic scarcity. While human demands continue to rise, natural resources, especially the non-renewable kind, become harder to find and more expensive to extract, process, transport and distribute. This simple brute fact is the basic cause of inflation, despite the inability of most professional economists to see it. (The “dismal science” has never been more dismally obtuse than it is today.) The law of diminishing returns is coming into effect. Technological developments can delay the process but not halt or reverse it; nor can we rely on government or big business to save us. Planning for further growth delays the adjustments that must be made, makes a fair sharing of necessary sacrifices more troublesome, and if carried too far will make more severe and painful, because rapid, the inevitable decline of the international economic machine. The best way to deal with the end of affluence is to accept it—not fight it—and to begin, here and now, the unavoidable adaptations, on an individual, family, and community basis. Piecemeal, experimental, and muddling.
Expand title description text
Business Nonfiction
  • Details

    Publisher:
    Easton Studio Press, LLC

    Kindle Book
    Release date: July 6, 2010

    OverDrive Read
    ISBN: 9781935212171
    Release date: July 6, 2010

    EPUB ebook
    ISBN: 9781935212171
    File size: 289 KB
    Release date: July 6, 2010

    PDF ebook
    ISBN: 9781935212171
    File size: 1365 KB
    Release date: July 6, 2010

  • Creators
  • Formats
    Kindle Book
    OverDrive Read
    EPUB ebook
    PDF ebook
  • Languages
    English