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Navigating on the Titanic : economic growth, energy, and the failure of governance / Bryne Purchase.

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Format:
Book
Author/Creator:
Purchase, Bryne, author.
Contributor:
Queen's University (Kingston, Ont.). School of Policy Studies, publisher.
Series:
Queen's policy studies.
Queen's Policy Studies Series
Language:
English
Subjects (All):
Economic development--United States.
Economic development.
Economic development--Canada.
Power resources--Environmental aspects--United States.
Power resources.
Power resources--Environmental aspects--Canada.
Physical Description:
1 online resource (160 p.)
Edition:
1st ed.
Place of Publication:
Montreal, [Quebećbec] : School of Policy Studies, Queen's University : McGill-Queen's University Press, 2013.
Summary:
Navigating the Titanic outlines the brief history of economic growth and the private and public institutions - markets, corporations, households, and governments - which underpin that growth. Bryne Purchase examines mega-risks related to our economy's use of fossil fuels and specifically looks at resource depletion, energy security, and climate change - all "mega-risks" because they are both global in scope and potentially existential in impact. Focusing on North America, with a particular emphasis on the United States, Purchase's central argument is that the institutions which have produced spectacular economic growth are not capable of acting with prudence to deal with these mega-risks before they become a real danger. He identifies certain institutional design flaws that, while underwriting economic growth, leave society open to potentially catastrophic failure and reveals how these design flaws have been compounded by the stresses of the growing income inequality in society.
Contents:
Chapter 1: The Brief History of Economic Growth
Chapter 2: Energy Matters: Energy Price Shocks and the Global Economic Transformation
Chapter 3: Global Energy Mega-Risks: Resource Depletion, Geopolitical Security, and Climate Change
Chapter 4: Why Private Organizations and Markets Fail
Chapter 5: Can Our Governments Act Pre-emptively?
Chapter 6: Can Our Governments Forestall Climate Change?
Chapter 7: Looking Forward.
Notes:
Includes bibliographical references.
Description based on online resource; title from PDF title page (ebrary, viewed May 13, 2016).
ISBN:
9781553393351
155339335X
9781553395072
1553395077
OCLC:
951830074

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