The End of Growth
Jeff Rubin
✓ The End of Growth || ✓ PDF Download by ↠ Jeff Rubin
Feb 23, 2020 - 00:58 AM By Jeff Rubin

In an urgent follow up to his best selling Why Your World Is About To Get A Whole Lot Smaller, Jeff Rubin argues that the end of cheap oil means the end of growth What it will be like to live in a world where growth is over Economist and resource analyst Jeff Rubin is certain that the world s governments are getting it wrong Instead of moving us toward economic recoveryIn an urgent follow up to his best selling Why Your World Is About To Get A Whole Lot Smaller, Jeff Rubin argues that the end of cheap oil means the end of growth What it will be like to live in a world where growth is over Economist and resource analyst Jeff Rubin is certain that the world s governments are getting it wrong Instead of moving us toward economic recovery, measures being taken around the globe right now are digging us into a deeper hole Both politicians and economists are missing the fact that the real engine of economic growth has always been cheap, abundant fuel and resources But that era is over The end of cheap oil, Rubin argues, signals the end of growth and the end of easy answers to renewing prosperity Rubin s own equation is clear with China and India sucking up the lion s share of the world s ever limited resources, the rest of us will have to make do with less But is this all bad Can less actually be Rubin points out that there is no research to show that people living in countries with hard charging economies are happier, and plenty of research to show that some of the most contented people on the planet live in places with no growth or slow growth GDPs But it doesn t matter whether it s bad or good, it s the new reality our world is not only about to get smaller, our day to day lives are about to be a whole lot different.
  • Title: The End of Growth
  • Author: Jeff Rubin
  • ISBN: 9780307360892
  • Page: 306
  • Format: Hardcover

Comments

Ian Robertson Feb 23, 2020 - 00:58 AM
Former CIBC World Markets Chief Economist Jeff Rubin has followed up his debut bestseller “Why Your World Is About To Get A Whole Lot Smaller” with a solid, similarly themed book. Like most best-selling economists, Rubin weaves together facts, economic theory and his own views to tell a compelling story, though his story is quite different than others’. Rubin begins with the basics, including a brief overview of fiscal and monetary policy, monetarists and Keynesians, and economic growth. T [...]
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Derek Donais Feb 23, 2020 - 00:58 AM
At one time or another, we've all heard—or even said—that things will get better once the economy picks up again. Recessions have happened in the past and the world has always come out of them with increased economic growth, triggered by various events. Author Jeff Rubin doesn't think we've recovered completely from the sub-prime mortgage crisis of 2008 and, what's more, believes that we're on the verge of an even greater recessionary period that will be sparked by the European Union's debt [...]
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Mike Smith Feb 23, 2020 - 00:58 AM
This is Jeff Rubin's second book on the topic of peak oil. His first book, Why Your World Is About to Get a Whole Lot Smaller: Oil and the End of Globalization, focused more on the causes of peak oil and some of the implications for global trade. The End of Growth focuses more on the overall economic effects of expensive oil.The key premise here is that economic growth depends on inexpensive energy provided by oil and other fossil fuels. I found he didn't really explain why this linkage exists; [...]
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Andrew Griffith Feb 23, 2020 - 00:58 AM
Develops further the theme of how the end of cheap oil will impact our lives, first developed in Why Your World is About to Become a Whole Lot Smaller (see earlier post here). While I am always somewhat sceptical about writings about the future, and how they always seem to over extrapolate trends to reinforce their point, it is hard to see how the current recession or depression will be followed by rapid growth again, given the debt overhang and the economic growth and energy pricing dynamic. Ag [...]
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Vern Harrison Feb 23, 2020 - 00:58 AM
The basic premise is that economic growth is tied to the cost of energy. I am not convinced it is that simple, there are certainly other factors in play. The author suggests that the economic stimulus that several of the western will not be effective, and there is little option after this for these countries after this, and the fundamental issue is the cost of energy. There was an interesting chapter about Denmark where the cost of energy has reduced the consumption levels. Another interesting c [...]
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Kevin Feb 23, 2020 - 00:58 AM
A very thought provoking read. While a lot of the concepts in the book have entered my thoughts at times through other avenues, this book has the facts to back them up and connect them all. Ever wondered how our economies can continue to succeed if success is based on growth yet the world's resources are finite? Ever wondered if most wars are really about oil? Ever felt guilty that the wealth of western nations has been built on the backs of the world's poor? If yes, this may be the book for you [...]
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Barrett Lafortune Feb 23, 2020 - 00:58 AM
In this excellent book, Rubin explains why we aren't in the middle of an "anemic" economic recovery, but rather, are at the beginning of a static economy. Rubin's thesis is based on the idea that economic growth is based on the consumption of cheap energy, aka $20/barrel oil. After explaining why the era of cheap oil is behind us and why nuclear, coal, gas and renewables will not "become the next oil", we are left with a world with a much slower economic speed limit. The second half of the book [...]
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Donna Parker Feb 23, 2020 - 00:58 AM
A must read for anyone who has to listen ad nauseum to corporations, especially oil companies and governments droning on about the necessity of growth. They don't mean growth, they mean profit, more and more money going into their bloated coffers, filling up their pockets as they stomp on the other 99%. We have been sold a bill of goods, it was a lie, we need to get over it and move on, not keep believing the lies.
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Barrette Plett Feb 23, 2020 - 00:58 AM
In all of my popular economics reading, the unstated assumption of perpetual growth felt improbable. Rubin's book presents an intuitive, logical explanation of a more likely evolution.
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Cyrus Shahriari Feb 23, 2020 - 00:58 AM
In hindsight, I downgraded my rating at least in the medium term as I believe that Jeff Rubin's prediction concerning the end of oil is off target. He did not foresee the shale gas revolution as Peter Zeihan covered in the 'Accidental Superpower' as well as efficiency advancements and an overall reduced demand for oil. That is not to say that his predictions will never come true. My original review is included below:In his second book, Jeff Rubin again makes a strong case that "triple-digit oil [...]
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Visda Feb 23, 2020 - 00:58 AM
Mayan predicted December 21, 2012 to be the end of the world. They were not the first to herald apocalypse. According to there are 150 predictions of the end of the world prior to the Mayan's. Some predict a clash of Earth with obscure objects in the milky-way will end it all others predict that there will be a nuclear war. Despite radically different ways each predict the world will end, there is one common theme: life on Earth as we know it today will dramatically change. Thankfully none of t [...]
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Ryan Feb 23, 2020 - 00:58 AM
A cohesive argument for the end of growth due to fossil fuel scarcity, from an economist specializing in natural resources who was once part of the Wall Street investment banking set during his career at CIBC. Rubin is an eloquent writer, no doubt well practiced at writing succinct and to the point summaries of economic trends to well heeled clients of CIBC in his previous job. He must therefore be very convinced to strike out against the mainstream views of the financial world by putting forth [...]
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Christine Feb 23, 2020 - 00:58 AM
The End of Growth discusses the idea that availability of oil affects economic growth. It also explains how resources are becoming more limited throughout the world and we will be forced to change how we live to adapt.I really enjoyed the discussion the author presented on the current world economies and why some countries came out of the last recession in a decent position while others did not. He made it very easy to understand all the complexities and politics that influence economicscluding [...]
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Eric Feb 23, 2020 - 00:58 AM
SPOILER ALERT: I'm going to give a away some of the biggest points of this book in this review but it is still worthwhile reading even if you know them.Rubin argues that our economies can only grow on the back of cheap energy and that cheap energy will no longer exist in our world. Energy prices are going up and are not going to come down again. Food prices will be significantly affected around the world, which we've already seen. Disposable income for the middle class and below will shrink sign [...]
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Johanna Feb 23, 2020 - 00:58 AM
An informative read that doesn't merely prognose the end of growth in an ethical dimension, but also provides facts & figures aplenty to support that claim. Jeff Rubin also adds lots of in-depth explanations of how the market as we know it evolved, what liberalism means today, how a bubble grows (and bursts) and many more. Basically, this book doesn't just elaborate on why we have reached the end of growth, but also how significantly growth is woven together with structures of everyone's dai [...]
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Zev Paiss Feb 23, 2020 - 00:58 AM
Jeff Rubin's second book is written in a straightforward and easy to follow style. It's focus is economic for sure but his clear writing make even complex concepts easy to understand. The last sentence of the book sums up his premise quite well. "As the boundaries f a finite world continue to close i on us, our challenge is to learn that making do with less is better than always wanting more."I highly recommend this book for anyone interested in where we are all heading and some excellent sugges [...]
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Michael Haack Feb 23, 2020 - 00:58 AM
It's a decent read. The information that the author provides is interesting and helpful for those to better understand the global industrial and energy economies/market. The author poses a lot of questions to the reader, but leaves many of them unanswered. They're well-thought thought experiments, but there's too many and could have been beneficial to expand further on some of his ideas.It's worth a read, but you won't find anything world changing or anything worthy of a NobelPS It's fun to coun [...]
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Natalie Feb 23, 2020 - 00:58 AM
Very interesting topic that was well researched. The writing, however, left something to be desired. I think that the message is so important, it was disappointing that it was so difficult to get through the economics of it all. But I suppose at it's roots, "growth" itself is an Economic term. My husband loved this book. He's got a background in Finance and probably understood the concepts better than I did.
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Simon Feb 23, 2020 - 00:58 AM
In this book, Rubin explains how the global financial crisis was caused by high oil prices and why the kind of economic growth we've seen in the past century will probably not come back. Although it is an interesting perspective, I found it adds little to his first book. It's still the same equation: high demand from developing economies + production that may soon diminish = unaffordable energy = end of globalization and growth.
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John Supple Feb 23, 2020 - 00:58 AM
Thought it was very similar in many respects to his first book. Rehashed many of the same things but with a bit of a different take on the results. I think there is some validity to his thoughts although I think they could be a bit stretched in how they could pan out. I enjoyed the book even though it's conclusion is pretty scary for all the capitalists out there that will not want to hear any of it.
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Carter Feb 23, 2020 - 00:58 AM
Rubin is Rubin, If you've heard his theories on cyclical boom and bust cycles based on raising fuel prices and his misguided belief that high prices will stave off the worst impacts of climate change, then you've get the gist of most of this book. Glad I returned the purchased copy I got for Xmas and just borrowed it from the Library
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Konrad Joseph Feb 23, 2020 - 00:58 AM
Great book. Starts with the downer of how we are destined for the end of growth, ends with the upper of how great it will really be for everyone. Makes you realize that growth in GDP is really only good for a small handful of people and its about time we go back to working to improving our lives, not some statistic. Inspiring in a time chock full of bad news.
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Jacqueline Worboys Feb 23, 2020 - 00:58 AM
An update of his previous book, Why Your World is About to Get a Whole Lot Smaller, this book continues Rubin's themes of oil gluttony, American and European debt and China's search for more oil, resulting in a big environmental mess. Worth reading and learning about the big ideas that are running our world.
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Andre Feb 23, 2020 - 00:58 AM
An interesting read, as was "world getting smaller". He expands further, updates the information and touches on the environmental impact. This is a good read but one that necessitates having read the first on to fully appreciate and that can be seen as a complement to it more than a separate work.
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Al Lopez Feb 23, 2020 - 00:58 AM
Good premise - interesting consequences of the rise in the price of oil.Remains to be seen whether this will play out as he predicts or whether some other factors come into play that yield a different result.Time for the western world to wake up though and consider the economic consequences.
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Val Feb 23, 2020 - 00:58 AM
interesting take on what could happen as oil prices continue to climbwill they climb fast enough to force us all to stop being so wasteful due to the sheer cost of it? Written by the previous Chief Economist of CIBC.
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Graeme Feb 23, 2020 - 00:58 AM
An excellent and intelligent book. I would have liked to see much more about what countries can do to ease the transition in to the post-growth world, as well as more on the social and political realities of this. Perhaps for a third book, co-authored with a political scientist?
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Dean Ray Feb 23, 2020 - 00:58 AM
An engaging look at what the future may or may not look like written in a very simple and insightful manner by a man who clearly has knowledge to share. Written for a mass audience so might be a little too simple for advanced political economy readers. Nonetheless you will learn something.
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Cody Eastgaard Feb 23, 2020 - 00:58 AM
A really good read, One of my all time favourites. The author points out facts about oil consumption, global warming and GDP growth that revolutionized the way i think about each of these. Will defiantly be reading his other books!!
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Kendra Feb 23, 2020 - 00:58 AM
This was a bit too dense for me right now. I read about a quarter and then gave in as the amount of money talk wore me down pretty good. If I had more time to focus on it I think that it would have been good though.
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The End of Growth By Jeff Rubin In an urgent follow up to his best selling Why Your World Is About To Get A Whole Lot Smaller, Jeff Rubin argues that the end of cheap oil means the end of growth What it will be like to live in a world where growth is over Economist and resource analyst Jeff Rubin is certain that the world s governments are getting it wrong Instead of moving us toward economic recoveryIn an urgent follow up to his best selling Why Your World Is About To Get A Whole Lot Smaller, Jeff Rubin argues that the end of cheap oil means the end of growth What it will be like to live in a world where growth is over Economist and resource analyst Jeff Rubin is certain that the world s governments are getting it wrong Instead of moving us toward economic recovery, measures being taken around the globe right now are digging us into a deeper hole Both politicians and economists are missing the fact that the real engine of economic growth has always been cheap, abundant fuel and resources But that era is over The end of cheap oil, Rubin argues, signals the end of growth and the end of easy answers to renewing prosperity Rubin s own equation is clear with China and India sucking up the lion s share of the world s ever limited resources, the rest of us will have to make do with less But is this all bad Can less actually be Rubin points out that there is no research to show that people living in countries with hard charging economies are happier, and plenty of research to show that some of the most contented people on the planet live in places with no growth or slow growth GDPs But it doesn t matter whether it s bad or good, it s the new reality our world is not only about to get smaller, our day to day lives are about to be a whole lot different.

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  • ✓ The End of Growth || ✓ PDF Download by ↠ Jeff Rubin
    306 Jeff Rubin
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    Posted by:Jeff Rubin
    Published :2019-07-26T00:58:21+00:00