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Engineering - Energy Technology | Energy and the Wealth of Nations - Understanding the Biophysical Economy (Reviews)

Energy and the Wealth of Nations

Understanding the Biophysical Economy

Hall, Charles A.S., Klitgaard, Kent

2012, XIV, 407p. 104 illus., 66 illus. in color.

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From the reviews:

“This is an important book. It should also prove of use to many involved with energy-related issues, and to students … . main strength and argument of the book is indicated by its sub-title. … the importance of energy as a factor of production, its relevance to the rise and fall of past cultures, and the stresses that the provision and use of energy will place upon the world in future are well argued in this book and for that reason it can be recommended.” (Michael Jefferson, Energy Policy, Vol. 42, 2012)

“A centrally important book for sustainability educators, upper division and graduate students, and members of the general public who are interested in understanding and addressing some of the fundamental challenges to socio-ecological sustainability. … Faculty and students from multiple disciplinary and interdisciplinary backgrounds will find Energy and the Wealth of Nations to be a highly accessible, informative, well-argued, well-supported, insightful, and important read. … I highly recommend this book principally as a course text but also as a relevant book for anyone interested in sustainability.” (Tina Lynn Evans, Journal of Sustainability Education, March 2012)

“This book should be brought - free of charge - to the attention of NGOs and political leaders worldwide. It is certainly recommended for college students taking courses in sustainability, the environmental sciences, and sustainable engineering. In particular, it is highly recommended for all leaders involved in Earth Day 2012, the International Year of Sustainable Energy for All, and the Rio+20 Conference on Sustainable Development.” (Luis T. Gutiérrez, Mother Pelican – A Journal of Sustainable Human Development, Vol. 8 (3), March 2012)

“It offers such a compelling story about how our world economy is so completely empowered by the ability to find, extract and consume energy. … Energy and the Wealth of Nations is worthwhile read for anyone who is interested in gaining a deeper understanding of the ‘science’ behind economic growth and the critical yet often misunderstood role that energy plays in our world economy. Engineers involved in the electric power industry may be especially interested in the influence of biophysical economic principles … .” (Jim MacInnes, Today's Engineer, June 2012)

“This book on economics is quite readable, addressing many difficulties that the energy world (including renewable energy) faces … . This book is about the economic facts of life, in renewable energy and in the rest of the energy world. The facts presented are quite revealing, and reading the book is a must if you want to understand the past, current and future problems in energy.” (Francis de Winter, Solar Today, March/April 2012)

“This book is focused on energy and economics. This book seems to be aimed as a text book, or at an audience who is already familiar with some of the issues, and wants to dig deeper. … Readers will find that the Energy and the Wealth of Nations contains a wealth of information and a lot of useful references. There is also an extensive index. … Many sections are more historical in nature, or more narrative, and are easy for anyone to understand.” (Our Finite World, April 2012)

“When our society relies on an understanding of economics that did not predict, prevent, or mitigate the current economic crisis, and that, more importantly, does not effectively address climate change or resource depletion, it is time for a new and different approach to understanding the economy. That premise is the foundation of Energy and the Wealth of Nations, an important book by ecologist Charles Hall and economist Kent Klitgaard, who together are pioneering the new discipline of biophysical economics….Hall and Klitgaard’s work has important implications for financial planners....The more planners understand about how the world works, what constraints may be looming, and how to evaluate various scenarios, the better will be the advice we give our clients. Just as planners have embraced behavioral economics for the insights it provides, learning about biophysical economics will add considerably to our skills and our wisdom.” (Richard Vodra, Peak Oil Review, June 2012)

 

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