The Price of Civilization – Economics and Ethics After the Fall

The Price of Civilization – Economics and Ethics After the Fall Jeffrey Sachs, Random House, 2011   Sachs says, “Much of this book is about the social responsibility of the rich” and about society’s shared values and the need to plan ahead to achieve common goals. The book is also a diagnosis of the failure of the American economy to achieve society’s common goals since the 1970’s and makes recommendations

The Persistence of Caste

The Persistence of Caste; The Khairlanji Murders & India’s Hidden Appartheid. Anand Teltumbde, Zed Books, 2010 Reviewed by Graham Mulligan The introduction section of this short book (192 pages) is important. It is a condensed history of Caste in India. The word ‘caste’ is from Latin castus, and in Portugese means ‘pure’ or ‘chaste’. The early Portugese explorers thought it was like ‘race’ or lineage (blood based). They were wrong;

How the West Was Lost, Fifty Years of Economic Folly – And the Stark Choices Ahead

How the West Was Lost, Fifty Years of Economic Folly – And the Stark Choices Ahead; Dambisa Moyo   “once an idea is out it can be used and improved upon by anyone, anywhere, an idea has a marginal cost of zero”   This quote is referring to the spinoffs from the magnificent technology that enabled the Apollo moon landing in July 1969. I was a vagabond watching it on

The End of Growth

The End of Growth: Adapting to Our New Economic Reality Richard Heinberg, New Society Publishers, 2011 Reviewed by Graham Mulligan This is a ‘living book’ updated at EndOfGrowth.com Heinberg is a Senior Fellow at the Post Carbon Institute and leading educator on Peak  Oil. The book presents the reader with an economic argument, beginning with a brief review of how economies have evolved through history. The significant point here is