Friday, June 17, 2011

"The Economics of Enough"

David Leonhardt over at Economix has posted an interview with Diane Coyle (a British economist) about her new book The Economics of Enough.  The book focuses "how to make sure what we achieve in the present doesn't come at the expense of the future."  The book argues that we lack the politics of enough.

A second reason we lack the “politics of enough” is that people are unlikely to make sacrifices for the future if the future looks likely to be as unfair as the present. The decline in the real incomes of millions of families, especially in the U.S., while the very rich have grown much richer make it unlikely that a majority of voters would have any confidence about benefiting from future growth.

It sounds like a very interesting book and I have placed it on my Summer reading list.

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