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.
Brian Czech responds to Paul Krugman’s shockingly weak column, which argues against the limits to growth with the example of slow steaming.
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?
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!
A switch to solar and other renewables will greatly reduce the resources devoted to waging war and help us achieve a steady state economy.
GDP growth is creating more problems than it solves–which is exactly why we need to keep calculating and monitoring it.
How is the depletion of morality effecting the environment and economic growth?
What can leprosy and its treatment teach us about ourselves and how to manage our environmental crises?
Now’s the time to maintain pressure on the World Bank to avoid costly failures in constructing a 21st-century energy infrastructure.