Posts


A Place for a Steady State in the EU Green Deal

by Adel Ramdani

The European Green Deal, the EU’s flagship environmental program, aims to profoundly transform the EU’s 27 member states into low-carbon economies. The deal was rolled out in December 2019 by Ursula von der Leyen, President of the European Commission. It’s supposed to be a roadmap toward a “fair and prosperous society” with an economy that is modern, resource-efficient, and competitive. So far, so good? Let’s take a deeper dive.


A Steady State Economy is for the Birds

by Kate McFarland

Wind turbines kill birds.

This is not a fiction devised by the fossil fuel industry. It is an observable fact.

Ask, for instance, the dozens of birders who ventured to Scotland’s Outer Hebrides for a glimpse of a white-throated needletail, the first sighting of the species in Britain in 22 years. Like other swifts, the white-throated needletail is an adroit flier, catching insects on the wing and even mating during flight.


Joe Biden, Donald “Duck,” and a Steady-State Soul of America

by Brian Czech

Joe Biden wants to restore the “soul of America.” It’s a noble goal befitting an elderly statesman combining Uncle Joe charm with Uncle Sam chops. And, it’s badly needed after four years of soulless, sickening corruption of the White House. It’s also a huge opportunity, not only for restoring but for reforming that soul.

Reform is needed because the soul of America was hardly spotless to begin with,


Building Upon the Trophic Theory of Money: Preliminary Results from Canada

By James Magnus-Johnston

The human economy doesn’t just mimic the economy of nature; it is part of it. It is woven directly into the ecological system of producers and consumers. Due to the technological prowess of Homo sapiens, though, the human presence dominates, threatening other species and the life support system of the planet. Human dominance over non-human life leads us to acknowledge some uncomfortable truths, particularly for proponents of “green growth.”

The first pertains to the loss of biodiversity.


The Silver Lining of the COVID-Caused Recession is Supra-Economic

by Brian Czech

COVID-19 has done in a deadly way what steady-state economists would prescribe in a healthy way: putting the brakes on a runaway economy. In fact, the pandemic has slammed on the brakes and jammed the GDP gearstick into reverse. It has ushered us into a recession that will be pronounced and protracted. In a COVID-caused recession, it’s nature at bat, not the Fed.

In these dark times, any source of comfort is welcome.


Preempting a Misleading Argument: Why Environmental Problems Will Stop Tracking with GDP

Brian explains how GDP growth will eventually stop tracking with environmental damage–but the reasons may not be what you’d expect!


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.


Sliding Down the Slippery Slope: A Truth Too Big for Obama

President Obama has put win-win rhetoric ahead of the truth and become the Cheerleader in Chief for economic growth.