The Economic Growth Engine
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The Economic Growth Engine
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Author : Robert U. Ayres
language : en
Publisher: Edward Elgar Publishing
Release Date : 2010-01-01
The Economic Growth Engine written by Robert U. Ayres and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010-01-01 with Business & Economics categories.
It gives me great pleasure to review this important book. I recommend it highly to any physicist with an interest or curiosity about this economy thing within which we operate. . . There is no excuse not to get this invaluable volume onto your bookshelf. Simon Roberts, Institute of Physics Energy Group This book addresses a very important topic, namely economic growth analysis from the angle of energy and material flows. The treatment is well balanced in terms of research and interpretation of the broader literature. The book not only contains a variety of empirical indicators, statistical analyses and insights, but also offers an unusually complete and pluralistic view on theorizing about economic growth and technological change. This results in a number of refreshing perspectives on known ideas and literatures. The text is so attractively written that I found it very difficult to stop reading. All in all, this is a very original and important contribution to the everlasting debate on growth versus environment. Jeroen C.J.M. van den Bergh, University of Barcelona, Spain and Free University, Amsterdam, The Netherlands Would you want your great-grandchildren in 2100AD to have a 22nd-century industrial economy? If so, read this book to grasp how strongly wealth depends on energy and its efficient use. Start treating fossil energy not as continuing income, but as one-time energy capital to spend on efficiency and long-term sustainable energy production. Otherwise, your descendants will inherit a broken 20th-century economy that only worked with cheap fossil fuels. They will not be rich and they will wonder what their ancestors were thinking. John R. Mashey, PhD, former Chief Scientist, Silicon Graphics Current economic theory attributes most income growth to technical progress. However, since technical progress can neither be defined nor measured, no one really knows what policies will encourage income growth. Ayres and Warr show that access to useful work, which can be defined and measured, explain the bulk of post-1900 income changes in Japan, Britain and the USA. They see rising real prices for fossil fuel and stagnating efficiencies of converting raw energy into useful work as a threat to continued income growth. This brilliant and original work has profound policy implications for future income growth without significant improvements in energy conversion efficiency. Thomas Casten, Chairman, Recycled Energy Development LLC Following the up-and-down energy shock of 2008, Ayres and Warr offer a unique analysis critical to our economic future. They argue that useful work produced by energy and energy services is far more important to overall GDP growth than conventional economic theory assumes. Their new theory, based on extensive empirical and theoretical analysis, has important implications for economists, businessmen and policymakers for anybody concerned with our economic future. Ayres and Warr argue persuasively that economic growth is not only endogenous but has been driven for the past two centuries largely by the declining effective cost of energy. If their new theory is correct, the inevitable future rise of the real cost of energy (beyond the $147 oil price peak in July 2008), could halt economic growth in the US and other advanced countries unless we dramatically improve energy with technology. J. Paul Horne, independent international market economist The historic link between output (GDP) growth and employment has weakened. Since there is no quantitively verifiable economic theory to explain past growth, this unique book explores the fundamental relationship between thermodynamics (physical work) and economics. The authors take a realistic approach to explaining the relationship between technological progress, thermodynamic efficiency and economic growth. Their findings are a step toward the integration of neo-classical and evolutionary perspectives on endogenous economic growth, concluding in a fundam
The Economic Growth Engine
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Author : Robert U. Ayres
language : en
Publisher: Edward Elgar Publishing
Release Date : 2009
The Economic Growth Engine written by Robert U. Ayres and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009 with Political Science categories.
This book addresses the topic of economic growth analysis from the angle of energy and material flows. It not only contains a variety of empirical indicators statistical analyses and insights, but also offers a pluralistic view on theorizing about economic growth and technological change.
A Look Inside The Economic Growth Engine
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Author :
language : en
Publisher:
Release Date : 2015
A Look Inside The Economic Growth Engine written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015 with Intellectual property categories.
A New Economic Growth Engine For China
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Author : Wing Thye Woo
language : en
Publisher: World Scientific
Release Date : 2012
A New Economic Growth Engine For China written by Wing Thye Woo and has been published by World Scientific this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012 with Business & Economics categories.
From various aspects of the domestic and foreign situation, China has now reached a critical juncture in its economic development. This volume is a report by leading international economic experts on China's economic priorities in the coming years.
The Dynamics Of Market Economies
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Author : Richard Hollis Day
language : en
Publisher: North-Holland
Release Date : 1986
The Dynamics Of Market Economies written by Richard Hollis Day and has been published by North-Holland this book supported file pdf, txt, epub, kindle and other format this book has been release on 1986 with Business & Economics categories.
New Economic Engine Effective Government And Efficient Market
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Author : Yunxian Chen
language : en
Publisher:
Release Date : 2020
New Economic Engine Effective Government And Efficient Market written by Yunxian Chen and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020 with Asia categories.
This book contains at least three main highlights: breaking through the limitations of the mainstream Western economics system and the market theory framework, correctly explaining the successful experience of China's reform and opening up over the past 40 years from an economic perspective, and developing a new economics system and market theory. China's reform and opening up and innovative developments have provided a wide range of materials and resources for this theory; the results of this research will be integrated into world economic theories and serve the economic development and economic growth across the world.
Economic Background And Prospects
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Author :
language : en
Publisher:
Release Date : 2011
Economic Background And Prospects written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011 with Economic forecasting categories.
Chinese American Forum
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Author :
language : en
Publisher:
Release Date : 2003
Chinese American Forum written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2003 with China categories.
Electronic Business Buyer
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Author :
language : en
Publisher:
Release Date : 1993
Electronic Business Buyer written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1993 with Electronic industries categories.
Money Trade And Economic Growth
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Author : Harry Gordon Johnson
language : en
Publisher:
Release Date : 1962
Money Trade And Economic Growth written by Harry Gordon Johnson and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1962 with Commercial policy categories.