Icarus Economics: Why Rich Economies Are Struggling - and How to Fix Them

Author:   John Rapley
Publisher:   Atlantic Books
Edition:   Main
ISBN:  

9781805465317


Pages:   272
Publication Date:   26 February 2026
Format:   Paperback
Availability:   Not yet available   Availability explained
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Icarus Economics: Why Rich Economies Are Struggling - and How to Fix Them


Overview

Every leader comes to power promising growth: think back to the campaigns of Boris, Truss, Sunak, Starmer, Trump. Yet real-term income hasn't improved in the UK since 2008. Across the West, growth has stagnated for well over a decade, leading to cost of living crises, political instability and rising social tensions. Is real economic growth still possible? And with the climate emergency accelerating beyond repair, should we still be pushing for it? In Icarus Economics, acclaimed economist John Rapley argues that the problem of growth is inherently tied up with the climate crisis. We often assume that poor countries will bear the brunt of climate change, pandemics, and other exogenous shocks, but this book argues the opposite: western societies have more wealth and capital to lose and are less inherently resilient. In this book, he shows us how rich countries can grow their own economies by helping poor countries to decarbonise - and in the process, mitigate the effects of climate change.

Full Product Details

Author:   John Rapley
Publisher:   Atlantic Books
Imprint:   Atlantic Books
Edition:   Main
ISBN:  

9781805465317


ISBN 10:   1805465317
Pages:   272
Publication Date:   26 February 2026
Audience:   College/higher education ,  Professional and scholarly ,  Tertiary & Higher Education ,  Professional & Vocational
Format:   Paperback
Publisher's Status:   Active
Availability:   Not yet available   Availability explained
This item is yet to be released. You can pre-order this item and we will dispatch it to you upon its release.

Table of Contents

1: The Story of Our Ascent 2: Transcending Nature's Limits 3: The Pandemic Paradox 4: The Wealth Paradox 5: The Wealth Trap 6: The Kill Switch Within 7: The Icarus Economy 8: The Middle Course

Reviews

Excellent ... Provocative -- Aaron Bastani This essay has changed my view both of the past and the present ... It's convincing and relevant to the west today -- Carlo Rovelli * Observer on WHY EMPIRES FALL * A fascinating, informative and deeply thoughtful work -- Linda Colley * Financial Times on WHY EMPIRES FALL * [A] provocative short book ... with a novel twist * The Economist on WHY EMPIRES FALL *


This essay has changed my view both of the past and the present ... It's convincing and relevant to the west today -- Observer * Carlo Rovelli * A fascinating, informative and deeply thoughtful work -- Linda Colley * Financial Times * [A] provocative short book ... with a novel twist -- Economist


Author Information

John Rapley is a Senior Fellow at the Johannesburg Institute of Advanced Studies. His books include Twilight of the Money Gods and Why Empires Fall (co-authored with Peter Heather).

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