Preview
  • Supply Shock

  • Economic Growth at the Crossroads and the Steady State Solution
  • By: Brian Czech
  • Narrated by: Diane Havens
  • Length: 13 hrs and 55 mins
  • 3.4 out of 5 stars (14 ratings)

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Supply Shock

By: Brian Czech
Narrated by: Diane Havens
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Publisher's summary

Politicians, economists, and Wall Street would have us believe that limitless economic expansion is the Holy Grail, and that there is no conflict between growing the economy and protecting the environment. Supply Shock debunks these widely accepted myths and demonstrates that we are in fact navigating the end of the era of economic growth, and that the only sustainable alternative is the development of a steady state economy.

Starting with a refreshingly accessible, comprehensive critique of economic growth, the author engages readers in an enormous topic that affects everyone in every country. Publishers Weekly favorably compared Brian Czech to Carl Sagan for popularizing their difficult subjects; Supply Shock shows why.

Czech presents a compelling alternative to growth based on keen scientific, economic, and political insights including:

  • The "trophic theory of money"
  • The overlooked source of technological progress that prevents us from reconciling growth and environmental protection
  • Bold yet practical policies for establishing a steady state economy

Supply Shock leaves no doubt that the biggest idea of the twentieth century - economic growth - has become the biggest problem of the twenty-first. Required reading for anyone concerned about the world our children and grandchildren will inherit, this landmark work lays a solid foundation for a new economic model, perhaps in time for preventing global catastrophes; certainly in time for lessening the damages.

©2013 Brian Czech (P)2014 Post Hypnotic Press Inc.
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    4 out of 5 stars
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brilliant but perhaps too comprehensive

This is a monumental achievement for Brian Czech. It is probably till now the most comprehensive treatment of the steady state economy and how to get there. You might say the same thing about its survey of economics. Too bad Czech's discussion of redistribution of resources couldn't benefit from the lead up to the 2020 election, with its introduction of the idea of guaranteed minimum income triggered by John Yang's campaign, as well as the new economic realities of the Covid 19 pandemic. The economic landscape is entirely different now and Czech's take it would be welcome.
On the other hand, the book may be too comprehensive for readers to grasp the most important points. He spends time on policy recommendation which are non-starters in today's political climate.

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Much needed perspective changer

With mounting ecological problems Brian identifies the root causes as well as advocates feasible solutions that may save the planet for posterity. His thought is convincing and results in perspective change in global economics and environmental protection. A must read for all who expect to live for more than 20 years from now...

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