The former dean of the Yale School of Management and Undersecretary of Commerce in the Clinton administration chronicles the 1971 August meeting at Camp David, where President Nixon unilaterally ended the last vestiges of the gold standard--breaking the link between gold and the dollar--transforming the entire global monetary system. Over the course of three days--from August 13 to 15, 1971--at a secret meeting at Camp David, President Richard Nixon and his brain trust changed the course of history. Before that weekend, all national currencies were valued to the U.S. dollar, which was convertible to gold at a fixed rate. That system, established by the Bretton Woods Agreement at the end of World War II, was the foundation of the international monetary system that helped fuel the greatest expansion of middle-class prosperity the world has ever seen. In making his decision, Nixon shocked world leaders, bankers, investors, traders and everyone involved in global finance. Jeffrey E. Garten argues that many of the roots of America's dramatic retrenchment in world affairs began with that momentous event that was an admission that America could no longer afford to uphold the global monetary system. It opened the way for massive market instability and speculation that has plagued the world economy ever since, but at the same time it made possible the gigantic expansion of trade and investment across borders which created our modern era of once unimaginable progress. Based on extensive historical research and interviews with several participants at Camp David, and informed by Garten's own insights from positions in four presidential administrations and on Wall Street, Three Days at Camp David chronicles this critical turning point, analyzes its impact on the American economy and world markets, and explores its ramifications now and for the future.

Provides a detailed analysis of the DICE model (Dynamic Integrated model of Climate and the Economy) as well as an extensive analysis of the model's results. Coping with the challenges of global warming is a daunting task for both scientists and economists, who must understand future changes, and for policy makers, who must ultimately choose policies to balance risks and costs. Managing the Global Commons presents a unique effort to encompass economic, scientific, and policy aspects of this great geophysical experiment. Managing the Global Commons provides a detailed analysis of the DICE model (Dynamic Integrated model of Climate and the Economy) as well as an extensive analysis of the model's results. DICE is the first dynamic model to include a closed-loop system that includes emissions, concentrations, climate change, damages, and emissions controls. The model is useful for estimating the costs and benefits of different paths for slowing climate change and for analyzing the impact of control strategies over time. The analysis contains a number of methodological advances and major findings - most importantly the construction of a small model to encompass the primary components of the climate and economic system within an optimization framework. Also included are new techniques and results concerning the role of uncertainty and the risk premium involved in policies to slow global warming. In addition, the analysis derives a set of uncertain representative scenarios that summarize the large number of potential outcomes into a manageable number to be used within an optimization framework and incorporated into a contingent-commodity framework. Nordhaus examines several different approaches to climate-change policy: no controls, economic optimization, geoengineering, stabilization of emissions and climate, and a ten-year delay in undertaking climate-change policies. Among these, there is a modest advantage of an efficient policy over no controls or a ten-year delay, while the three stabilization options would impose significant net costs. Overall, Nordhaus observes, the analysis reveals that even with major technological breakthroughs and stringent controls, the momentum of past greenhouse gas emissions coupled with great inertia in climate change policy will lead to an inevitable rendezvous with massive climate change.

In this compelling argument for a new direction in US energy policy, world-renowned engineer and best-selling author Robert Zubrin lays out a bold plan for breaking the economic stranglehold that the OPEC oil cartel has on our country and the world. Zubrin presents persuasive evidence that our decades-long relationship with OPEC has resulted in the looting of our economy, the corruption of our political system, and now the funding and protection of terrorist regimes and movements that are committed to our destruction.Zubrin's plan is straightforward and practical. He argues that if Congress passed a law requiring that all new cars sold in the USA be flex-fueled-that is, able to run on any combination of gasoline or alcohol fuels-this one action would destroy the monopoly that the oil cartel has maintained on the globe's transportation fuel supply, opening it up to competition from alcohol fuels produced by farmers worldwide. According to Zubrin's estimates, within three years of enactment, such a regulation would put 50 million cars on the road in the USA capable of running on high-alcohol fuels, and at least an equal number overseas. He further advocates tariff policies favoring alcohol over petroleum imports.Energy Victory offers an exciting vision for a dynamic, new energy policy, which will not only go a long way toward safeguarding homeland security in the future but will also provide solutions for global warming and Third World development.

A deep, diverse edited volume addressing the most critical issues regarding the future of humanity and intelligence -- with chapters authored by a who's-who of leading futurist thinkers and doers. According to Vernor Vinge, Ray Kurzweil and a rapidly increasing chorus of techno-futurists, we are living on the brink of a technological Singularity - a time when machines will become vastly more intelligent than humans. In such a scenario, death, disease and everyday material scarcity will be radically diminished, and life will be dramatically different in many other ways. But what will the path to this amazing future look like? How will human life grow and unfold as technology advances and Singularity approaches? The chapters in this book approach this issue from the perspectives of multiple visionary authors from around the globe, covering topics such as the impact of life extension, the future of money and exchange, the future of human psychology, biological self-modification, intelligence enhancement, automation and escalating unemployment, the possibility of global war between pro and anti technology forces, the impact of future technology on Asia and Africa, the emerging Global Brain, the future of surveillance and privacy, and much more. There are no easy or definite answers here - but lots of fascinating questions to explore. CONTENTS Chapter One: Predicting the Age of Post-Human Intelligences , by Ted Goertzel and Ben Goertzel Chapter Two: A Tale of Two Transitions , by Robin Hanson Chapter Three: Longer Lives on the Brink of Global Population Contraction: A Report from 2040 , by Max More Chapter Four: Implanting Post-Human Intelligence in Human Bodies , by John Hewitt Chapter Five: The Singularity and the Methuselarity: Similarities and Differences , by Aubrey de Grey Chapter Six: Robotics and AI: Impacts Felt on Every Aspect of Our Future World , by Daryl Nazareth Chapter Seven: Robotics, AI, the Luddite Fallacy and the Future of the Job Market , by Wayne Radinsky Chapter Eight: Moral Responsibility and Autonomous Machines , by David Burke Chapter Nine: How Will the Artilect War Start? , by Hugo de Garis Chapter Ten: Return to Eden? Promises and Perils on the Road to Global Superintelligence , by Francis Heylighen Chapter Eleven: Distributing Cognition: From Local Brains to the Global Brain , by Clément Vidal Chapter Twelve: A World of Views: A World of Interacting Post-human Intelligences , by Viktoras Veitas and David Weinbaum (Weaver) Chapter Thirteen: Chinese Perspectives on the Approach to the Singularity , by Mingyu Huang Chapter Fourteen: Africa Today and the Shadow of the Coming Singularity , by Hruy Tsegaye Chapter Fifteen: The World's First Decentralized System for Financial and Legal Transaction , by Chris Odom Chapter Sixteen: Beyond Money: Offer Networks, a Potential Infrastructure for a Post-Money Economy , by Ben Goertzel Chapter Seventeen: Sousveillance and AGI , by Ben Goertzel and Stephan Vladimir Bugaj Chapter Eighteen: The Future of Human Nature , by Ben Goertzel Chapter Nineteen: Capitalism, Socialism, Singularitarianism , by Ted Goertzel Chapter Twenty: Toward a Human-Friendly Post-Singularity World , by Ben Goertzel Chapter Twenty-one: Looking Backward from 2100 , by Ben Goertzel and Ted Goertzel