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.

Paul Krugman on Limits to Growth: Beware the Bathwater

Brian Czech responds to Paul Krugman’s shockingly weak column, which argues against the limits to growth with the example of slow steaming.

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.

Iraq and the Military-Industrial Complex versus a True Cost Economy

A switch to solar and other renewables will greatly reduce the resources devoted to waging war and help us achieve a steady state economy.

Gross Domestic Problem: Don’t Shoot the Measurement

GDP growth is creating more problems than it solves–which is exactly why we need to keep calculating and monitoring it.

Depletion of Moral Capital as a Limit to Growth

How is the depletion of morality effecting the environment and economic growth?

A Medical Missionary’s Environmental Epiphany

What can leprosy and its treatment teach us about ourselves and how to manage our environmental crises?

Insanity Reigns at the World Bank

Now’s the time to maintain pressure on the World Bank to avoid costly failures in constructing a 21st-century energy infrastructure.