The Growth Delusion

Wealth, Poverty, and the Well-Being of Nations

Business & Finance, Economics, Econometrics, Economic History
Cover of the book The Growth Delusion by David Pilling, Crown/Archetype
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Author: David Pilling ISBN: 9780525572527
Publisher: Crown/Archetype Publication: January 30, 2018
Imprint: Tim Duggan Books Language: English
Author: David Pilling
ISBN: 9780525572527
Publisher: Crown/Archetype
Publication: January 30, 2018
Imprint: Tim Duggan Books
Language: English

A provocative critique of the pieties and fallacies of our obsession with economic growth

We live in a society in which a priesthood of economists, wielding impenetrable mathematical formulas, set the framework for public debate. Ultimately, it is the perceived health of the economy which determines how much we can spend on our schools, highways, and defense; economists decidehow much unemployment is acceptable and whether it is right to print money or bail out profligate banks.

The backlash we are currently witnessing suggests that people are turning against the experts and their faulty understanding of our lives. Despite decades of steady economic growth, many citizens feel more pessimistic than ever, and are voting for candidates who voice undisguised contempt for the technocratic elite. For too long, economics has relied on a language which fails to resonate with people's actual experience, and we are now living with the consequences.

In this powerful, incisive book, David Pilling reveals the hidden biases of economic orthodoxy and explores the alternatives to GDP, from measures of wealth, equality, and sustainability to measures of subjective wellbeing. Authoritative, provocative, and eye-opening, The Growth Delusion offers witty and unexpected insights into how our society can respond to the needs of real people instead of pursuing growth at any cost.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

A provocative critique of the pieties and fallacies of our obsession with economic growth

We live in a society in which a priesthood of economists, wielding impenetrable mathematical formulas, set the framework for public debate. Ultimately, it is the perceived health of the economy which determines how much we can spend on our schools, highways, and defense; economists decidehow much unemployment is acceptable and whether it is right to print money or bail out profligate banks.

The backlash we are currently witnessing suggests that people are turning against the experts and their faulty understanding of our lives. Despite decades of steady economic growth, many citizens feel more pessimistic than ever, and are voting for candidates who voice undisguised contempt for the technocratic elite. For too long, economics has relied on a language which fails to resonate with people's actual experience, and we are now living with the consequences.

In this powerful, incisive book, David Pilling reveals the hidden biases of economic orthodoxy and explores the alternatives to GDP, from measures of wealth, equality, and sustainability to measures of subjective wellbeing. Authoritative, provocative, and eye-opening, The Growth Delusion offers witty and unexpected insights into how our society can respond to the needs of real people instead of pursuing growth at any cost.

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