Icarus Economics: Why Rich Economies Are Struggling - And How to Fix Them, (Paperback)

<p><b>Every leader comes to power promising growth. Think back to the campaigns of Boris Johnson, Liz Truss, Rishi Sunak, Keir Starmer, or Donald Trump. Yet real-term incomes in the UK have barely improved since 2008.</b></p><p>Across the Western world, economic growth has stagnated for well over a decade, contributing to cost-of-living crises, political instability, and rising social tensions. Is meaningful economic growth still possible? And with the climate emergency accelerating, should we still be pursuing it?</p><p>In <i>Icarus Economics</i>, acclaimed economist John Rapley argues that the question of growth is inseparable from the climate crisis. While it is often assumed that poorer countries will bear the greatest burden from climate change, pandemics, and other external shocks, Rapley contends that wealthy nations may be more vulnerable than we think. With greater concentrations of wealth and capital at risk, and less inherent resilience, rich countries have much to lose.</p><p>Rapley presents a compelling alternative vision: prosperous nations can stimulate their own economic growth by helping developing countries decarbonize. In doing so, they can foster global prosperity while also mitigating the worst effects of climate change.</p><p>Timely and thought-provoking, <i>Icarus Economics</i> offers a fresh perspective on the intertwined challenges of growth, inequality, and environmental sustainability.</p>

• Icarus Economics: Why Rich Economies Are Struggling - And How to Fix Them, (Paperback)
• Author: John Rapley
• ISBN: 9781805465331
• Format: Paperback
• Publication Date: 2027-02-16
• Page Count: 272