We have an imperative, as never before, to change our ways. Climate change is presenting the entire human race with its greatest ever existential challenge. Like many I feel a growing sense of looming disaster. Yes, we are making some progress, but past agreements are not delivering. In this book I put a case for a new form of principled capitalism based on moral principles rather than utility and profit. I propose ten pillars that include systems thinking as citizens of the world and embracing Modern Monetary theory to guide decisions about macroeconomics and national debt.
We have an imperative, as never before, to change our ways. Climate change is presenting the entire human race with its greatest ever existential challenge. Like many I feel a growing sense of looming disaster.
Prologue. List of Figures. Ten Learning Points about Economics. Five
Axioms of Systems Thinking. THINKING. Preamble to Part
1. Be Careful What You
Think (Because Your Thoughts Run Your Life (Proverbs 4:23: ICB version)).
2.
Models are CoolThere is no Getting Around It (The Wise DoubtJudge to Make
the Complex Simple and not the Simple Complex).
3. Rational People are
Irrational (Nothing is PerfectExcellence is Purposeful Progress through
Learning). TESTING. Preamble to Part
2. 4. Knowing the Price but not the
Value (Some People are so Poor, All they have is MoneyBig Sean (American
rapper)).
5. Sorting the Wheat from the Chaff (Anyone Who has Never Made a
Mistake has Never Tried Anything NewAlbert Einstein). ACTING. Preamble to
Part
3. 6. Gimme Money (Thats What I Want The Beatles).
7. Is the Genie
Already Out of the Bottle (Emerging as an Increasing Number of Extreme
Weather Events). Appendix: The Flow of Money (Everything Must Come from
Somewhere and Then go SomewhereWynne Godley). Glossary of Technical Economic
Terms. Index. Praise.
David Blockley is an Emeritus Professor of Engineering at the University of Bristol, UK. After graduating he worked for the British Constructional Steelwork Association in London. In 1969 he moved to Bristol University. There he was head of the Department of Civil Engineering and Dean of Engineering. He is a Fellow of the Royal Academy of Engineering and President of the Institution of Structural Engineers. He was a Non-Executive Director of Bristol Water plc.
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