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Aired 12/11/11
Economists, politicians, and pundits insist recovery is at hand, yet unemployment remains high, real estate values continue to sink, and governments face record deficits. Today’s guest, RICHARD HEINBERG has a new book, The End of Growth, in which he proposes a startling diagnosis: humanity has reached a fundamental turning point in its economic history. He talks about the new normal that recognizes the limits to growth imposed by resource and disposal limits, climate change, and population growth.
