The High Cost of Low Prices: A Roadmap to Sustainable Prosperity
A book by David Jacoby, President of Boston Strategies International
Learn the secrets of international supply chains for familiar products such as coffee, bottled water, gasoline, and electronic devices, and how government policies and business norms around the world have evolved to allow practices that tolerate or even condone the depletion of natural resources, the blighting of native landscapes, and inhumane working conditions.
This book directly addresses controversial issues like climate change, carbon prices, fracking, offshoring, urban sprawl, globalization, income inequality, regulation, corruption, compliance and enforcement, providing an informed basis for mapping the way forward. Rich in facts and deep with first-hand experiences from around the world, Jacoby challenges embedded thinking about growth and progress, convenience, comfort, and quality of life. The book proposes a bold and realistic new policy framework that is ground-breaking and achievable for industry, government, and consumers, and supports the plan with achievable metrics, targets, and accountabilities.
While his first book promoted global supply chain optimization based on industry “best practices” and his second book fine-tuned the techniques for oil, gas, and power companies, Jacoby takes a holistic perspective in this (his third) book, acknowledging and proposing solutions for the problems caused in part by these “optimized” global supply chains.
SELECTED REVIEWS FROM AMAZON.COM
“This book will become a classic in sustainability governance, investment and education. It explains the myriad social, environmental, and ecological externalities that have resulted from economic growth and development. It catalogues what countries around the world are doing to minimize and mitigate those problems. And it proposes a clear and succinct plan for sustainable growth. A winner!”
“This book portrays some of the challenges of development and provides an inspiring vision for a better future. The High Cost of Low Prices vividly describes the problem and compellingly prescribes the solution.”
“The High Cost of Low Prices is gripping, factual, impactful, and data rich. This book accurately portrays some of the challenges of development and provides an inspiring vision for a better future. Based on my experience as environmental & natural resources economist, the way this book quantifies the resource, environmental and social impact is terrific. I liked the D-factor methodology used to explain impacts in several industries.”
WHAT’S IN IT FOR YOU
A MUST-READ, ESPECIALLY IF YOU:
ABOUT THE AUTHOR
David Jacoby has been consulting for 30 years in operations strategy and performance improvement. He is the President of Boston Strategies International, which consults to the largest industrial manufacturing, energy, and logistics companies worldwide, as well as lenders, law firms, and government and international nongovernmental organizations. He is the author of Guide to Supply Chain Management (The Economist 2009); Optimal Supply Chain Management in Oil, Gas, and Power Generation (PennWell 2012); The High Cost of Low Prices (Business Expert Press, 2018); Trump, Trade and The End of Globalization (Praeger, 2018); and From Bogota to Beijing: Development and Life After Globalization (Lexington Press, 2018). Formerly, he taught Operations Management at Boston University’s graduate school of business. He holds an MBA from the Wharton School, a Master’s in International Business from the Lauder Institute, and a Bachelor of Science in Economics from the University of Pennsylvania.