Energy efficiency and energy conservation are often thought to be the same. They are not, according to Herbert Inhaber. Only when less total energy is consumed by all users will energy actually be saved. Energy efficiency schemes do not accomplish this goal of conservation: when one person or nation conserves energy, there is just more of it for others to use elsewhere. This is the first book to answer, comprehensively and objectively, the question: Do government energy conservation programs hinder or help the nation? Says Inhaber, the fact that billions of dollars have been spent on energy conservation programs, without giving a searching look at what has been accomplished, is a national scandal. Clear, concise, and with numerous useful graphs and tables, this book is an important first step toward making us all aware of what energy conservation actually is-and is not-and how it can and should be implemented.

This work includes chapters on how conservation is applied in the electric utility world, whether waste truly exists, the economic aspect of conservation, its relation to Marxism, and past examples of conservation failures. Inhaber reviews many of the points that were first made by Stanley Jevons, the father of modern quantitative economics, who stated more than 130 years ago that increased efficiency often produces greater overall energy use, not less. Inhaber concludes that a remedy claimed to cure all ills will cure none. The faith placed in conservation as a solution to a mountain of problems is, in large part, misplaced. The words 'energy conservation' have captivated people of almost all political and philosophical persuasions. My book should cause many people to rethink their blind faith.

... a new twist on the eternal question of inequitable income distribution, though they focus on wealth (accumulated income) rather than income. The authors document the dramatic disparities in the distributions of income and wealth and describe the problems these cause. Their solution, the alternative distribution system, is quite simple: tax inheritance rather than estates. Individuals could inherit up to $1 million tax free. Each succeeding million would be taxed at progressively higher rates. This plan, they argue, would force an estate to be distributed among more people and would cuase beneficiaries to use inheritances more vigorously and creatively.' The authors do an excellent job of making obscure economic data understandable. "Booklist"

A physicist and an economist, writing for a broad audience and using real--not theoretical--data, answer the age-old question: How rich is too rich? In the process, they suggest some practical solutions to the problem of excessive wealth. They outline a way to deal with the too rich that will also create a healthier economy. Merging a hundred years of economic theory and research on wealth and income distributions with anecdotal evidence, Herbert Inhaber and Sidney Carroll create a framework with which to evaluate proposals to redistribute great wealth and income. The authors set forth an Alternative Distribution System, based on the fact that much of the income of the well-off, that upper 3 percent of the United States population with incomes exceeding $110,000 per year, is due to wealth. The ADS, an inheritance plan, would bring the distribution of the lower 97 percent and the upper 3 percent closer together. It would allow a partial correction of the disparity while adding to the total fairness of our society. This very readable text is complemented by a dozen tables that illustrate The Power of Compound Interest, United States Income Distribution, The Estimated Size of the Domestic Underground Economy, and more.

Inhaber and Carroll first describe the existence of an extremely unequal distribution of income and wealth, with enormous resources held by a small percentage of Americans at the top. Other chapters detail the law of income distribution, explain the difference between wealth and income, and explain previous theories of income and wealth distributions. In addition to defining and describing the rich, the authors devote a chapter to how the rich avoid income tax. The volume concludes with an examination of the Alternative Distribution System and how income would be altered by it. How Rich Is Too Rich? will enable the informed general reader to assess policies on wealth and income distribution that have been the subject of Congressional budget debates and best-selling books.

A mob scene erupted in April 1990 in the sleepy hamlet of Caneada, a small town on the northern edge of the Allegheny Mountains. In addition to riots and numerous arrests, six senior citizens, handcuffed to a heavy chain, formed a human barricade across the steel bridge spanning the Genesee River. Their purpose was to prevent the siting commission of a low-level radioactive waste dump from getting across the bridge. In the past few decades, finding sites for undesirable facilities, such as prisons and garbage landfills, has become ever more difficult. The difficulty lies not in tracking down technically suitable sites, but in the so-called NIMBY syndrome. People might agree that a facility is desperately needed just as long as it is Not In My Backyard. The unfortunate results of this proverbial game of hot potato are ever-mounting social and economic costs. State and local governments will continue to spend small fortunes finding sites to facilities that everyone desires hi principle but nobody seems to want on their block. In Slaying the NIMBY Dragon, Herbert Inhaber draws on the experience of many NIMBY cases. He discusses new approaches to overcoming NIMBY, such as . the reverse Dutch auction. Reverse, because undesirable objects are being auctioned. This market approach holds promise for meeting the objections of potential neighbors of a LULU (Locally Unwanted Land Use) as well as society's need to get the facilities built. According to Inhaber, a site auction works better than negotiation the community handles it on their own, and when they are satisfied with a site they offer a bid. The hefty bonus would go to the first county that agrees to have a site built in their backyard. Psychological components of the NIMBY syndrome are also discussed logical objections and why people think as they do about LULUs. Inhaber believes that the trick to handling this problem is to take account of these personal sentiments and accomplish the nation's work at the same time. Inhaber adopts an optimistic approach to a problem that many believe has become a national fixture with no solution. The nuclear industry has been trying, without success, to dispose of its waste for about four decades, to take just one example. Inhaber believes there is a way to assuage the fears of an affected community while simultaneously preserving the environment and the people. This book will be of interest to environmentalists, developers, policymakers, and those in the fields of waste industry, nuclear, and risk analysis.

Energy efficiency and energy conservation are often thought to be the same. They are not, according to Herbert Inhaber. Only when less total energy is consumed by all users will energy actually be saved. Energy efficiency schemes do not accomplish this goal of conservation: when one person or nation conserves energy, there is just more of it for others to use elsewhere. This is the first book to answer, comprehensively and objectively, the question: Do government energy conservation programs hinder or help the nation? Says Inhaber, the fact that billions of dollars have been spent on energy conservation programs, without giving a searching look at what has been accomplished, is a national scandal. Clear, concise, and with numerous useful graphs and tables, this book is an important first step toward making us all aware of what energy conservation actually is-and is not-and how it can and should be implemented. This work includes chapters on how conservation is applied in the electric utility world, whether waste truly exists, the economic aspect of conservation, its relation to Marxism, and past examples of conservation failures. Inhaber reviews many of the points that were first made by Stanley Jevons, the father of modern quantitative economics, who stated more than 130 years ago that increased efficiency often produces greater overall energy use, not less. Inhaber concludes that a remedy claimed to cure all ills will cure none. The faith placed in conservation as a solution to a mountain of problems is, in large part, misplaced. The words 'energy conservation' have captivated people of almost all political and philosophical persuasions. My book should cause many people to rethink their blind faith.