Overview

"In The Progress Illusion, Jon D. Erickson charts the rise of the economic worldview and its infiltration into our daily lives as a theory of everything. Drawing on his own experience as a young economist inoculated in the 1980s era of ""greed is good,"" Erickson shows how pseudoscience came to dominate economic thought. He pokes holes in the conventional wisdom of neo-classical economics, illustrating how flawed theories about financial decision-making and maximizing efficiency ignore human psychology and morality. Most importantly, he demonstrates how that thinking shaped our politics and determined the course of American public policy. The result has been a system that perpetually concentrates wealth in the hands of a few, while depleting the natural resources on which economies are based. While the history of economics is dismal indeed, Erickson is part of a vigorous reform effort grounded in the realities of life on a finite planet. This new brand of economics is both gaining steam in academia and supporting social activism. The goal is people over profit, community over consumption, and resilience over recklessness. Erickson shows crafting a new economic story is the first step toward turning away from endless growth and towards enduring prosperity."

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Jon D. Erickson is the Blittersdorf Professor of Sustainability Science and Policy at the University of Vermont, faculty member of the Rubenstein School of Environment and Natural Resources, and fellow of the Gund Institute for Environment. His previous coauthored and edited books include Sustainable Wellbeing Futures, The Great Experiment in Conservation, Ecological Economics of Sustainable Watershed Management, Frontiers in Ecological Economic Theory and Application, and Ecological Economics: A Workbook for Problem-Based Learning. David Colacci is an actor and director who has directed and performed in prominent theaters nationwide. His credits include roles from Shakespeare to Albee, as well as extensive work on new plays. As a narrator, he has won numerous Earphones Awards, earned Audie Award nominations, and been included in Best Audio of the Year lists by such publications as Publishers Weekly, AudioFile magazine, and Library Journal. He was a resident actor and director with the Cleveland Play House for eight years and has been artistic director of the Hope Summer Rep Theater since 1992.

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