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sky</title></head><body>
<div><font face="Rockwell" size="+1" color="#1A1A1A">Prosperity
without growth?</font></div>
<div><font face="Arial" color="#1A1A1A">The transition to a
sustainable economy<br>
<<</font><font face="Arial"
color="#0040C2"><u
>http://www.sd-commission.org.uk/data/files/publications/pros</u></font
><font face="Arial"
color="#1A1A1A">perity_without_growth_report.pdf>></font></div>
<div><font face="Arial" color="#1A1A1A"><br>
Professor Tim Jackson<br>
Economics Commissioner Sustainable Development Commission
(UK)</font><br>
<font face="Arial" color="#1A1A1A"></font></div>
<div><font face="Arial" color="#1A1A1A"><b>p.5 - Summary: Excerpt</b>:
"</font>For the most part, we avoid the stark reality of these
numbers. The default assumption is that - financial crises aside -
growth will continue indefinitely. Not just for the poorest countries,
where a better quality of life is undeniably needed, but even for the
richest nations where the cornucopia of material wealth adds little to
happiness and is beginning to threaten the foundations of our
wellbeing.<font face="Arial">"</font></div>
<div><font face="Arial" color="#1A1A1A"><br>
1 -<b> Introduction </b>
15</font></div>
<div><font face="Arial" color="#1A1A1A">2 -<b>The Age of
Irresponsiblity</b> 19</font></div>
<div><font face="Arial" color="#1A1A1A">3 -<b>Redefining
Prosperity</b>
29</font></div>
<div><font face="Arial" color="#1A1A1A">4 -<b>The Dilemma of
Growth</b> 37</font></div>
<div><font face="Arial" color="#1A1A1A">5 -<b>The Myth of
Decoupling </b> 47</font></div>
<div><font face="Arial" color="#1A1A1A">6 -<b>Confronting
Structure</b>
59</font></div>
<div><font face="Arial" color="#1A1A1A">7 -<b>Keynesianism and the
'Green New Deal'</b> 67</font></div>
<div><font face="Arial" color="#1A1A1A">8 -<b>Macro-economics for
Sustainability </b> 75</font></div>
<div><font face="Arial" color="#1A1A1A">9 -<b>Flourishing - within
limits</b> 85</font></div>
<div><font face="Arial" color="#1A1A1A">10 -<b>Governance for
Prosperity</b> 93</font></div>
<div><font face="Arial" color="#1A1A1A">11 -<b>Steps towards a
Sustainable Economy</b> 101</font><br>
<font face="Arial" color="#1A1A1A"></font></div>
<div><font face="Arial" color="#1A1A1A"><<</font><font
face="Arial"
color="#0040C2"><u
>http://www.sd-commission.org.uk/data/files/publications/pros</u></font
><font face="Arial"
color="#1A1A1A">perity_without_growth_report.pdf>></font></div>
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>========================================================</font></div>
<div><font face="Lucida Grande" size="-2" color="#000000">"Real
estate speculation must be as old as the land - in the United States,
it is certainly as old as the frontier - and the first bad bank loan
was no doubt made around the time of the opening of the first
bank."<br>
<br>
"Still, the boom of the 1980s was unique. Not only did creditors
lend more freely than they had in the past, but the government
intervened more actively than it had ever done before to absorb the
inevitable losses."<br>
<br>
James Grant.<i> Money of the Mind : Borrowing and Lending in America
from the Civil War to Michael Milken.</i> Farrar Straus Giroux.
1992. <b> Introduction, p.5.<br>
<br>
</b>==============================================================<br>
"In the early 1990s a number of long-running trends were
apparently cresting Š. Tommy Mullaney, eleven, of
Crownsville, Maryland, returned home from camp in the summer of 1990
to find his name inscribed on a MasterCard complete with a $5,000
credit line. ' I jumped up and down and said Wow - the hologram
was cool,' Tommy told the Washington Post. 'But it sure made me
wonder who was running that bank'."<br>
<br>
James Grant.<i> Money of the Mind: Borrowing and Lending in America
from the Civil War to Micheal Milken.</i> Farrar Straus Giroux.
1992.<b> Afterword: End of the Line. Pp. 436-437</b></font></div>
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