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The Economics of Enough_ How to Run the Economy as if the Future Matters - Diane Coyle [169]

By Root 1649 0
and, 7; smart cards, 252–53; software, 253; steam power, 155–57; structural change and, 268; superstar effect and, 134; telephony, 252; trust and, 7–8, 151, 155–61, 165, 170, 173–77; values and, 212–13, 216, 218, 233–34, 237–38; voters and, 288–89

Thatcher, Margaret, 93, 121, 211, 240, 245, 247–48

Theory of Justice (Rawls), 31

Theory of Moral Sentiments, A (Smith), 120

Theory of the Leisure Class, The (Veblen), 22–23

Thomson, William (Lord Kelvin), 187

time: shortage of, 204–7; Slow Movement and, 27–28, 205

tragedy of the commons, 80

transparency, 83, 164, 288, 296

Treatise on Human Nature (Hume), 120

trilemmas, 13–14, 230–36, 275

Trivers, Robert, 118

Trollope, Anthony, 33

trust: bankers and, 88–89, 145–50, 158, 161–64, 174, 176, 257; causality and, 154; challenge of building, 170–73; cities and, 165–70; civic cooperation and, 154; decline in, 5, 139–44; democracy and, 175; diversity and, 170–73; doctors and, 247; economic importance of, 152–57; efficiency and, 158–59; face-to-face contact and, 7, 147, 165–68; fraud and, 146–47, 150, 248; General Social Survey and, 140; globalization and, 149–51, 157, 160–70; goodwill and, 150; governance and, 151, 162–65, 173–77, 255–58; government and, 150, 157, 162, 172, 175–76, 247; gross domestic product (GDP) and, 157, 160; growth and, 152–56, 160, 174; health issues and, 172; innovation and, 157; intangible assets and, 149–52, 157, 161; measurement of, 152–57; morals and, 149, 174; paradox of prosperity and, 174; Pew surveys and, 140; politics and, 154, 162–64, 173–77, 285–87; productivity and, 156–59, 162, 166–67, 170, 174; Putnam on, 140–41, 152–54; reform and, 162–64, 176–77; social capital and, 5, 151–57, 168–74, 177; specialization and, 160–61; statistics and, 154; teachers and, 247; technology and, 7–8, 151, 155–61, 165, 170, 173–77; voter turnout and, 175; weightless activities and, 150

Tullock, Gordon, 242

Turner, Ted, 33

Twitter, 289

Uganda, 147

ultimatum game, 116–17

unemployment, 3, 10, 43, 51, 56, 89, 107, 169, 207, 212–13, 243

unions, 15, 51, 224, 249

United Kingdom, 1, 4, 10, 66; bailouts and, 91; British Social Attitudes and, 140–41; Brown and, 93; debt of, 103–4; diversity and, 172; fairness and, 115–16, 122, 125–26, 130, 139–43; Glastonbury Festival and, 197; inequality in, 122, 125–30; institutions and, 240, 258, 260; measurement and, 198, 203, 206–7; National Health Service and, 285; National Statistics and, 203; negative savings rate in, 105; policy recommendations and, 280–88; posterity and, 93, 95, 103, 105, 111; public deliberation and, 258–59; public sector and, 248; retirement age and, 107; savings rate in, 280–82; Thatcher and, 93, 121, 211, 240, 245, 247–48; time surveys and, 206–8; trust and, 140–41, 146, 163, 168, 172; values and, 211, 223; Victorian Britain and, 28

United Nations, 297, 304n7; Brundtland Report and, 77; climate change and, 59, 62, 66, 77–78, 82–83; happiness and, 38; sustainable development and, 77; TEEB and, 78; trust and, 163–64, 176; values and, 219

United States, 4, 10, 16; additional growth in, 12; bifurcation of social norms and, 231–32; Boskin Commission and, 37; Bush and, 127–28; Cold War and, 93, 112, 147, 209, 213, 239; convergence and, 122; credibility and, 101; debt of, 101; defense budget of, 93; diversity and, 172; Easterlin Paradox and, 39–44; fairness and, 115–16, 121–22, 125–35, 140–43; Founding Fathers of, 31; happiness and, 37, 41–44; inequality in, 122, 125–31, 135, 276; institutions and, 240, 243, 251, 256, 258, 260; Kyoto Protocol and, 62; measurement and, 184, 191, 203, 206; nature and, 55, 62–63, 66; Obama and, 62, 87, 173, 260, 285, 288; policy recommendations and, 276–77, 280–88, 291; posterity and, 91–93, 97, 101, 105, 109; public deliberation and, 258–59; Reagan and, 93, 121, 127, 211, 240, 243, 247–48; savings rate in, 105, 280–82; small public sector of, 243; stimulus packages and, 91; time surveys and, 206–8; trust and, 140, 149, 171–75; values and, 209, 211, 223, 226; voter turnout and, 175; wage penalties and, 133

University of California, Berkeley, 205

University of East Anglia,

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