Implications of the Bubble Economy
Monday, November 17, 2014 from 4:00 PM to 5:30 PM (EST)
San Francisco, California
London, United Kingdom
The global economy has become increasingly, perhaps chronically, unstable. Since 2008, we have heard about the housing bubble, subprime mortgages, banks "too big to fail," financial regulation (or the lack of it), and the European debt crisis. What we haven't heard much about is the role of natural resources–energy in particular–as drivers of economic growth, or the connection of "global warming" to the economic crisis. Robert Ayres, an economist and physicist, will discuss his new book, which connects economic instability to the economics of energy. Ayres’ talk will describe the roots of our bubble economy and offer a new approach to economic growth.
Robert U. Ayres is a physicist and economist, currently Novartis professor emeritus of economics, political science and technology management at the international business school INSEAD, in France. He is noted for his work on technological forecasting, life cycle assessment, mass-balance accounting, energy efficiency and the role of thermodynamics in economic growth.
NOTE: We have changed the location of this event from GDAE's offices to the Fletcher School. The event will be held in Mugar 231.
When & Where
Global Development And Environment Institute (GDAE)
The Global Development And Environment Institute (GDAE) is a research institute at Tufts University dedicated to promoting a better understanding of how societies can pursue their economic and community goals in an environmentally and socially sustainable manner. GDAE pursues its mission through original research, policy work, publication projects, curriculum development, conferences and other activities.