Purchase, Bryne Brock, 1944-

Navigating on the Titanic : economic growth, energy, and the failure of governance / Bryne Purchase. - 1 online resource (xi, 156 pages) : illustrations. - JSTOR eBooks Queen's policy studies series . - Queen's policy studies. .

Includes bibliographical references (pages 151-156).

Navigating the Titanic outlines the brief history of economic growth and the private and public institutions - markets, corporations, households, and governments - which underpin that growth. Bryne Purchase examines mega-risks related to our economy's use of fossil fuels and specifically looks at resource depletion, energy security, and climate change - all "mega-risks" because they are both global in scope and potentially existential in impact. Focusing on North America, with a particular emphasis on the United States, Purchase's central argument is that the institutions which have produced spectacular economic growth are not capable of acting with prudence to deal with these mega-risks before they become a real danger. He identifies certain institutional design flaws that, while underwriting economic growth, leave society open to potentially catastrophic failure and reveals how these design flaws have been compounded by the stresses of the growing income inequality in society.

9781553393351 155339335X 9781553395072 1553395077

2212493E-6434-4278-8DCB-8296CF98DC9E OverDrive, Inc. http://www.overdrive.com 22573/ctt1bqphns JSTOR

Economic development--United States.
Economic development--Canada.
Power resources--Environmental aspects--United States.
Power resources--Environmental aspects--Canada.
Climatic changes--Risk management--United States.
Climatic changes--Risk management--Canada.
Industrial policy--United States.
Industrial policy--Canada.
Développement économique--États-Unis.
Développement économique--Canada.
Ressources énergétiques--Aspect de l'environnement--États-Unis.
Ressources énergétiques--Aspect de l'environnement--Canada.
Climat--Changements--Gestion du risque--États-Unis.
Climat--Changements--Gestion du risque--Canada.
Politique industrielle--États-Unis.
Politique industrielle--Canada.

HC103.7 / .P87 2013