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By Gillian Fallon, Richard Douthwaite, Visit Amazon's Richard Heinberg Page, search results, Learn about Author Central, Richard Heinberg,

ISBN-10: 0865716994

ISBN-13: 9780865716995

Preparing for a way forward for monetary contraction.

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Additional resources for Fleeing Vesuvius: Overcoming the Risks of Economic and Environmental Collapse

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Sustainable living — Economic aspects. I. Douthwaite, Richard II. com In memory of Anne Behan 1959–2004 David O’Kelly 1946–2004 and Will Howard 1951–2008 Contents Foreword [RICHARD HEINBERG] Author of The Party’s Over, Peak Everything and The End of Growth. Introduction [RICHARD DOUTHWAITE] The people who began using fossil fuels to increase their productivity 300 years ago set the world on its path to the present crisis. Part I: Energy Availability On the Cusp of Collapse: Complexity, Energy and the Globalized Economy [DAVID KOROWICZ] If less energy is available in future, our economic system will not contract in a gentle, controllable manner.

If he is assisted by a one-horsepower motor, the sort you might find on a hobbyist’s circular saw, he can apply ten times more power to the task and consequently work much faster. A positive feedback develops, with the greater productivity leading to higher profits and incomes and additional investment and energy use. The income gap between those using fossil energy and those who don’t gets wider and wider. In 1960, the average income in high-fossil-energy-using countries was 30 times that in low-energy countries.

Html or pp. 203–7 in my book Short Circuit (Green Books, 1996). PART I ENERGY AVAILABILITY On The Cusp of Collapse: Complexity, Energy and the Globalized Economy DAVID KOROWICZ The systems on which we rely for our financial transactions, food, fuel and livelihoods are so interdependent that they are better regarded as facets of a single global system. Maintaining and operating this global system requires a lot of energy and, because the fixed costs of operating it are high, it is only cost-effective if it is run at near full capacity.

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Fleeing Vesuvius: Overcoming the Risks of Economic and Environmental Collapse by Gillian Fallon, Richard Douthwaite, Visit Amazon's Richard Heinberg Page, search results, Learn about Author Central, Richard Heinberg,


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