As the world ponders the possibility of yet another global recession, one economist has offered up, instead, a critical view of the fundamental flaws within a system so caught up with consumption that a second wave recession would seem more intentional than unnerving. In 'The End of Progress: How modern economics has failed us', author Grame Maxton takes readers through a re-examination of 'the invisible hand' and puts forth several radical ideas for how the world economy may repair itself.
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How the mindless growth mantra of modern economics is failing us. (2011). Knowledge@SMU.
Available at: http://ink.library.smu.edu.sg/ksmu/58