Collapse? The" Dismal" Science Doesn't Think So: Economists' Views of the Future. Whaples, R. The Independent Review, 11(2):275–281, 2006. 00003Paper abstract bibtex In the best-seller Collapse: How Societies Choose to Fail or Succeed (2005), Jared Diamond confronts the reader with stories of the collapse and even extinction of past societies. He claims ultimately to be a “cautious optimist” (521) about the future, but he still sees a strong likelihood that we are headed globally into decline. Are we likely to live out such a scenario? After briefly reviewing the history of American economists’ thinking about the future, I confront the pessimism of the prophets of decline with the findings of a survey of economists about what the future will bring and the most important economic challenges looming before us. As this essay’s title suggests, economists do not credit neo-Malthusian predictions of decline. The economists are instead very optimistic about the future. Their worries gravitate more toward problems with governmental programs rather than toward problems with the environment and depletion of resources.
@article{whaples_collapse?_2006,
title = {Collapse? {The}" {Dismal}" {Science} {Doesn}'t {Think} {So}: {Economists}' {Views} of the {Future}},
volume = {11},
shorttitle = {Collapse?},
url = {http://www.jstor.org/stable/24562228},
abstract = {In the best-seller Collapse: How Societies Choose to Fail or Succeed (2005), Jared Diamond confronts the reader with stories of the collapse and even extinction of past societies. He claims ultimately to be a “cautious optimist” (521) about the future, but he still sees a strong likelihood that we are headed globally into decline. Are we likely to live out such a scenario? After briefly reviewing the history of American economists’ thinking about the future, I confront the pessimism of the prophets of decline with the findings of a survey of economists about what the future will bring and the most important economic challenges looming before us. As this essay’s title suggests, economists do not credit neo-Malthusian predictions of decline.
The economists are instead very optimistic about the future. Their worries gravitate more toward problems with governmental programs rather than toward problems with the environment and depletion of resources.},
number = {2},
urldate = {2017-04-23},
journal = {The Independent Review},
author = {Whaples, Robert},
year = {2006},
note = {00003},
keywords = {collapse, contrarian},
pages = {275--281},
file = {Whaples - 2006 - Collapse The Dismal Science Doesn't Think So E.pdf:C\:\\Users\\rsrs\\Documents\\Zotero Database\\storage\\ZZ3TQ6D9\\Whaples - 2006 - Collapse The Dismal Science Doesn't Think So E.pdf:application/pdf}
}
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