The Future History of Political Economy – Part 2

Thermodynamics in Economics: Revolutionary portent, future history by Eric Zencey Ecological Economics represents the extension into economics of the thermodynamic revolution of the nineteenth and twentieth centuries. In physics, that revolution dethroned Newton and brought relativity. In biology, it was midwife to the birth of ecology, the study of ecosystems as wholes in which energy networks—food […]

The Future History of Political Economy – Part 1

Economics Ignores Thermodynamics by Eric Zencey Editor’s Note: An earlier version of this essay appeared as a comment in the Great Transition Network Forum, which will appear on the Great Transition Initiative website next week along with a new essay by Herman Daly, “Economics for a Full World.” Ecological Economics and its corollary, Steady State […]

Adjusting the Fifth to a Finite Planet, Part II

In part two of two, Eric Zencey explains how American Constitutional case law has come to value private property over the interests of other citizens.

Adjusting the Fifth to a Finite Planet, Part 1

In part one of two, Eric Zencey explains how American Constitutional case law has come to value private property over the interests of other citizens.

The New Economy versus Today’s Flat Earthers

Mainstream economists base their recommendations on the idea that the Earth is somehow infinite–a notion equally absurd as the idea that the Earth is flat.

Transformative Common Sense in Vermont

Vermont moves to the forefront of a quiet revolution to integrate GPI into social and economic policy.

GDP: The Infinite Planet Indicator

If economists know GDP is not a measurement of economic well-being, why have they continued using it as a proxy for this?

Toward a Finite-Planet Journalism

If the majority of voters remain ecologically illiterate, they must give up either civilization or democracy.

Slumlord Nation

Whether it’s an apartment complex or an economy, the slumlord model of management can only lead to ruin and regret.

China’s Infinite-Growth Haze

China is playing a dangerous game based on a seductive (but faulty) economic theory.