The Limits to Growth (Meadows, 1972) generated unprecedented
controversy with its predictions of the eventual collapse of the
world's economies. First hailed as a great advance in science, The
Limits to Growth was subsequently rejected and demonized. However,
with many national economies now at risk and global peak oil
apparently a reality, the methods, scenarios, and predictions of
The Limits to Growth are in great need of reappraisal. In "The"
"Limits to Growth Revisited," Ugo Bardi examines both the science
and the polemics surrounding this work, and in particular the
reactions of economists that marginalized its methods and
conclusions for more than 30 years. The Limits to Growth was a
milestone in attempts to model the future of our society, and it is
vital today for both scientists and policy makers to understand its
scientific basis, current relevance, and the social and political
mechanisms that led to its rejection. Bardi also addresses the
all-important question of whether the methods and approaches of The
Limits to Growth can contribute to an understanding of what
happened to the global economy in the Great Recession and where we
are headed from there."
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