false economy a surprising economic history of the world

For example, glass and plastic are often sent to glass beneficiation plants and plastics reclaimers, respectively, where they are processed into mill-ready forms. Some commodities may require more processing for additional sorting and decontamination. At the processing facility, the recyclables are sorted, cleaned of contaminants, and prepared for transport to a milling facility or directly to a manufacturing facility.

Processing: The materials are transported by the collector to a processing facility, such as a materials recovery facility or paper processor.Collection: Recyclable materials are generated by a consumer or business and then collected by a private hauler or government entity.While the recycling process often differs by commodity and locality, there are essentially three main steps: collection, processing, and remanufacturing into a new product. About the Recycling Economic Information (REI) Report.What does economic history teach us about the present economic unrest? Who will succeed and why? And who will fail? These are questions that we cannot afford to leave unasked. Beattie shows how decisions that are being made now-which have either absorbed or failed to absorb the lessons from economic history-will determine what happens in the future. And though it is history, it does not end with the present day. In doing so, he addresses such illuminating queries as: Why are oil and diamonds more trouble than they are worth? Why did Argentina fail and the United States succeed? Why doesn't Africa grow cocaine?įalse Economy explains how human beings have shaped their own fates, however unknowingly, and the conditions of the countries they call home. But Beattie has written a lively and lucid book that successfully marries the two subjects and illustrates their interdependence. He opens up larger questions about these choices, and why countries make them or are driven to make them, and what those decisions can mean for the future of our global economy.Įconomic history involves forcing together disciplines that fall naturally in different directions. Here, he weaves together elements of economics, history, politics, and human stories, revealing that societies, economies, and countries usually make concrete choices that determine their destinies. An important book for turbulent times-an accessible and engaging economic history of the world, by a leading economic writer.Īlan Beattie has long been intrigued by the fates of different countries, economies, and societies-why some fail and some succeed.

False economy a surprising economic history of the world