Seismic Political Shifts Reveal Desire for Serious Change

by James Magnus-Johnston If you demonstrate to people that the NDP [New Democratic Party] can win in Alberta, suddenly anything seems possible. —Paul Fairie, University of Calgary political scientist   On the problematic political spectrum, neither the right nor the left have become wholesale champions of the steady state economy. Then again, embracing something perceived as […]

War and Peace and the Steady-State Economy

Herman Daly discusses the natural alliances between peacemakers and steady staters, and between the growth economy and warfare.

Review of Collision Course (Endless Growth on a Finite Planet)

Herman Daly reviews Kerryn Higgs’ Collision Course (Endless Growth on a Finite Planet), finding her explanation of the ascendancy of the weaker anti-Limits position constitutes a kick in the head for those of us who believe in the persuasive power of reasoned argument.

A Population Perspective on the Steady State Economy

The population problem should be considered from the point of view of all populations–populations of both humans and their things–if we are going to achieve a steady state economy.

The Guardian and Monbiot versus Forbes and Worstall

Daly explains how the conflation of growth and development, and a reliance on the Cobb-Douglass production function, can lead to the spurious conclusion that natural resources are unimportant factors of production.

Use and Abuse of the “Natural Capital” Concept

Herman Daly explains how we can use prices now as tools for rationing a fixed predetermined flow of resources, rather than determining the volume of resources taken from nature, or the physical scale of the economic subsystem.

An Economics Fit for Purpose in a Finite World

Our current economic policy goal is not fit for a finite and entropic world. But what would our economic policy goal be in a steady state economy?

Three Limits to Growth

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!

Cold War Left Overs

Daly challenges the assertion that a steady-state economy is inherently capitalistic and must be instead be based on a socialist system.

News on Blue Planet Prize

Herman Daly, Daniel Janzen, and the Instituto Nacional de Biodiversidad are this year’s winners of the Blue Planet Prize. Congratulations!