Economist and local author Joel Magnuson addresses question, how should we act and think economically in the world as the era of cheap oil comes to an end? His new book, The Approaching Great Transformation: Toward a Livable Post Carbon Economy, begins to answer this massive question. Magnuson focuses on the people and communities already at work on the transition: energy descent pioneers in the UK and the US educating their communities about the road ahead, small enterprises defying traditional "profit" in favor of permanence and sustainability, and cities preparing for a post carbon future.