Brian Czech discusses his new book Supply Shock: Economic Growth at the Crossroads and the Steady State Solution.
Politicians, economists and Wall Street would have us believe that limitless economic expansion is the Holy Grail, and that there is no conflict between growing the economy and protecting the environment. Supply Shock debunks these widely accepted myths and demonstrates that we are in fact navigating the end of the era of economic growth, and that the only sustainable alternative is the development of a steady state economy.
Czech presents a compelling alternative to growth based on keen scientific, economic, and political insights. These include the trophic theory of money, the overlooked source of technological progress that prevents us from reconciling growth and environmental protection, and bold yet practical policies for establishing a steady state economy. Supply Shock leaves no doubt that the biggest idea of the 20th century – economic growth – has become the biggest problem of the 21st.
Brian Czech is the founder of the Center for the Advancement of the Steady State Economy (CASSE), the leading organization promoting the transition from unsustainable growth to a new economic paradigm.
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