The Growth Delusion: Wealth, Poverty, and the WellBeing of Nations,Used

The Growth Delusion: Wealth, Poverty, and the WellBeing of Nations,Used

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A provocative critique of the pieties and fallacies of our obsession with economic growthWe 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 eyeopening, 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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Frequently Asked Questions

  • Q: What is the main topic of 'The Growth Delusion'? A: 'The Growth Delusion' critiques the obsession with economic growth and challenges the conventional understanding of wealth, poverty, and national well-being.
  • Q: Who is the author of 'The Growth Delusion'? A: The author of 'The Growth Delusion' is David Pilling, a noted journalist with expertise in economics.
  • Q: What are some key themes explored in the book? A: The book explores themes such as the shortcomings of GDP as a measure of progress, the biases of economic orthodoxy, and alternative measures of well-being and sustainability.
  • Q: How many pages does 'The Growth Delusion' have? A: 'The Growth Delusion' has a total of 304 pages.
  • Q: What type of binding does the book have? A: 'The Growth Delusion' is available in hardcover binding.
  • Q: When was 'The Growth Delusion' published? A: 'The Growth Delusion' was published on January 30, 2018.
  • Q: Is 'The Growth Delusion' suitable for readers unfamiliar with economics? A: Yes, the book is written in an accessible style, making it suitable for readers who may not have a background in economics.
  • Q: What can readers expect to learn from 'The Growth Delusion'? A: Readers can expect to gain insights into the flaws of traditional economic metrics, the societal impacts of economic policies, and alternative approaches to measuring national well-being.
  • Q: Does the book discuss current economic issues? A: Yes, 'The Growth Delusion' addresses contemporary economic challenges and public sentiments towards economists and established economic practices.
  • Q: What genre does 'The Growth Delusion' belong to? A: 'The Growth Delusion' falls under the genre of Econometrics & Statistics.