Rob Larson's Bleakonomics: A Heartwarming Introduction to Financial PDF

By Rob Larson

ISBN-10: 0745332676

ISBN-13: 9780745332673

Bleakonomics is a quick and darkly funny consultant to the 3 nice crises plaguing latest international: environmental degradation, social clash within the age of austerity and fiscal instability. Written for an individual who's brooding about how we’ve come up to now, Rob Larson holds mainstream monetary conception up opposed to the bleak fact of a planet in meltdown. He seems at scientists’ conclusions approximately weather switch, the company world’s critiques approximately its personal energy, and divulges the fingerprints of finance on American elections. With a distinct and interesting method of every one an important topic, scholars, lecturers and activists will discover a lot to understand during this quiet call-to-arms for a saner and extra reliable global.

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Extra resources for Bleakonomics: A Heartwarming Introduction to Financial Catastrophe, the Jobs Crisis and Environmental Destruction

Example text

The first indication this bill lacks real teeth is that the “ceiling” to be imposed on greenhouse emissions is a rather high one. But even more telling is the “auction” issue, a major sticking point during the drafting process. The question is whether the permits that energy companies must hold to emit carbon should be free or auctioned off at some price. While Obama’s budget originally planned on several million dollars in emission permit auction revenues, energy lobbyists and congressional conservatives have campaigned mightily against having to pay to emit.

16 BP ultimately backed off after massive negative press attention and the refusal of many scientists to participate. In a similar fashion, the National Oceanic and Atmospheric Administration (NOAA) was ultimately forced to relax its tight restrictions on publishing spill data. ”17 Only in September 2011, 18 months after the original blowout, did BP’s “Gulf of Mexico Research Initiative” finalize its first long-term grant recipients. ”18 Meanwhile, the Obama administration had no problem pressuring NOAA to mislead the public, as its post-spill report was alleged to have found that 75 percent of the oil was “gone,” having been burned, evaporated, and dissolved.

Money Grown on Trees Common goods are those that are naturally available for everyone to enjoy, like the oxygen produced by plants, or sunsets. These natural goods have real value; in fact, our lives depend on them, to say nothing of our civilization. Trees are excellent examples, as they provide many valuable common benefits to Larson T02603 01 text 21 30/08/2012 11:26 22 Bleakonomics humanity—benefits that scientists call “ecosystem services,” such as limiting floods through soil retention, or providing shade in place of expensive climate controls, or important windblocks for crops.

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Bleakonomics: A Heartwarming Introduction to Financial Catastrophe, the Jobs Crisis and Environmental Destruction by Rob Larson


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