Turning Point: An End to the Growth Paradigm

Economist Ayres has radically changed his mind about several important issues over the past few years, and here presents his current perspective in a less formal and more personal treatment than most academic monographs. He finds that most of what passes for growth both in the West and the developing world is merely trade and speculation rather than the creation of real wealth. It is adding nothing to human welfare, he says, and is eroding the social fabric of every culture it touches. Accessible to general readers. He argues that we need some other measure of progress than gross national product. Annotation c. by Book News, Inc., Portland, Or.