2 May Common Wealth: Economics for a Crowded Planet. by Jeffrey D Sachs. pp, Allen Lane, £ After no little delay, the economists have now. Common Wealth: Economics for a Crowded Planet. Article (PDF Available) with Reads. Cite this publication. Jeffrey David Sachs at Columbia University. In his view, the challenges are serious but soluble, and at a modest cost relative to Americans’ wealth; he offers numerous concrete suggestions for action.

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I know one man doesn’t have the answers to solve everything we face weapth the world, but for some reason I have complete faith in Sachs.

All the goals address symptoms, rather than the underlying inequalities and common wealth economics for a crowded planet institutional foundations for real development. One glaring hole is that Sachs makes no mention of his own role in planning, promoting, and selling the economic shock therapy which caused so much misery, suffering, and death in both Poland and Russia during the early s. He’s such an amazing person.

Sachs argues that the 20th and 21st centuries will see the end of American and European economic dominance.

The author does not appear to have read the High Level Threat Panel Report of the United Nations, and his over-all presentation, while accurate and erudite, is also dense, narrow, and of dubious implementability. Even though most of the world is unlikely to meet the standards of living in the developed countries for many years, the sheer number of people in countries with growing common wealth economics for a crowded planet and growing economies will common wealth economics for a crowded planet their total economic output and consumption to vastly exceed that of the developed countries.

Sachs, who I have seen speak b I want to be the kind of person who reads economics books, but I’m just not. Common Wealth points the way to the course correction we must embrace for the sake of our common future.

Aug 27, Xing Chen rated it really liked it. Except where otherwise noted, content on www. Fertility rates are above 4 children per woman in these countries outside tropical Africa: Granted, that’s not the topic of the book, but I honestly don’t think that many of the proposals he sets forth can even be thought about until the United States either gets its act together or loses its international influence.

There is, after all, more than enough sunlight to keep 6 billion people in the comforts to which they have become accustomed – and for some millennia to come. The only question is how bad it will have to get before we face the unavoidable.

For example, he places undo hope on the promise of CCS carbon capture and sequestration to reduce greenhouse gas emissions and by extension, global warming.

A few times while reading this book, I felt as though he had taken an excellent article, and done a ho-hum job of making it into a full-length book. National governments, even the United States, will become much weaker actors as scientific networks and socially responsible investors and foundations become the more powerful actors. The alternative is a worldwide economic collapse of unprecedented severity. I want to be the kind of person who reads economics books, but I’m just not.

Principles And Applications, for overly general platitudes about global collaboration, technology, saving Darfur as if anything he lists was possible, and generally neglecting so many factors and common wealth economics for a crowded planet as to leave me wondering where the book was going.

Common Wealth: Economics for a Crowded Planet – Wikipedia

You are commenting using your WordPress. I think that Sachs approach is interesting and I will add my detailed notes at some point to this post. I feel like the main thesis is that for every dollar spent in good faith aid leads to ten dollars in the common wealth economics for a crowded planet future, along with three dollars saved in future expense. Steele gave a really nice overview and critique of this book, which I will paste here for my own reference later With that said, Dr.

As the population of the world increases, we will stress our environmental resources more and more. And one of these days, I intend to check this book out of the library again and finish it. But instead of simply telling you how things are, he tells you how he went about his research, when the findings were surprising, when the data is poor, etc. Latest podcast Apartheid Archipelago or Paradise: Just a moment while we sign you in to your Goodreads account.

Drivers of violence 4. Other editions – View all Common Wealth: Hints of what this book could have been are found in the sect Jeffrey Sachs, former Harvard economist and current Director of the Earth Institute at Columbia University, is the ideal person to author such a work — a comprehensive overview of, and action plan for the social and environmental crises common wealth economics for a crowded planet our planet.

Common Wealth: Economics for a Crowded Planet by Jeffrey D. Sachs

He lists seven climate change economiccs A little less of the former and more common wealth economics for a crowded planet the latter would have gone some way towards garnering this book 5 stars. His most useful contribution at the moment is to put a price on the change he wishes to see, with clear calculations showing what it would cost to stop biodiversity loss, solve African poverty, halt AIDS or bring population growth under control.

Sachs, who I have seen speak before, and read many of his articles, brings up some very frightening points about human croowded, climate change, and economics.

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Common Wealth: Economics for a Crowded Planet

Dec 05, Gabriel Alan rated it liked it Shelves: The first major blind spot is that his prescriptions for change are common wealth economics for a crowded planet entirely from the vantage point of policy, and while that is one necessary aspect, it leaves out some crucially necessary understanding. Yet his writing is fraught with frustration at how these easily solvable problems haven’t yet been addressed.

Sachs provides a broad, global perspective, allowing the non-economist to place underlying concepts economic trends, political decision-making, population control within a wider context, and elegantly knits together a wealth of essential facts from influential reports issued by organisation like the World Bank, UNEP, UNDP etc and journal articles.

Promote early stage technologies never mind Monsanto’s seeds of death or the Transylvanian Dracula patent system designed to retard frowded progress by locking up new stuff so the legacy stuff can continue to sell 3. Unfortunately this is a hugely polluting fuel, as there are considerable emissions in producing it as well as burning it at the point of use.