"The Limits to Growth" (Meadows, 1972) generated unprecedented
controversy with its predictions of the eventual collapse of the world's
economies. First hailed as a great advance in science, "The Limits to
Growth" was subsequently rejected and demonized. However, with many
national economies now at risk and global peak oil apparently a reality,
the methods, scenarios, and predictions of "The Limits to Growth" are in
great need of reappraisal. In The Limits to Growth
Revisited, Ugo Bardi examines both the science and the polemics
surrounding this work, and in particular the reactions of economists
that marginalized its methods and conclusions for more than 30 years.
"The Limits to Growth" was a milestone in attempts to model the future
of our society, and it is vital today for both scientists and policy
makers to understand its scientific basis, current relevance, and the
social and political mechanisms that led to its rejection. Bardi also
addresses the all-important question of whether the methods and
approaches of "The Limits to Growth" can contribute to an understanding
of what happened to the global economy in the Great Recession and where
we are headed from there.