Our economy faces a futility limit, ecological catastrophe limit, and an economic limit. Fortunately, the economic limit will likely be the first we encounter; hopefully we can implement a steady state economy before the others are reached!
The Overlooked Anniversary: Forty Years Ago Congress and the President Called for a Steady State Economy
How should we commemorate the 40th anniversary of the ESA and the 100 year anniversary of the death of the last passenger pigeon?
We are going to need more than a wealth tax to fix our economy.
GDP growth is creating more problems than it solves–which is exactly why we need to keep calculating and monitoring it.
What is the best strategy for incorporating limits to growth into economics?
If economists know GDP is not a measurement of economic well-being, why have they continued using it as a proxy for this?
Our guest post discusses some exciting initiatives to augment GDP with indicators that measure our well-being or happiness.
The purchase of expensive luxury goods requires an agricultural and extractive surplus at the base of the economy–this is the “tropic theory of money.”
Does Paul Krugman believe GDP growth is making us richer or poorer?