Julian Simon Archives – Center for the Advancement of the Steady State Economy

Reply to Troy Vettese’s “Against Steady-State Economics” ¹

March 18, 2020/1 Comment/in Biodiversity, Climate Change, Consumption, Economic Growth, Economic Policy, Environment, Politics, Steady State Economy, Steady State Herald /by Brian Czech

by Herman Daly

Steady staters are used to being attacked by right-wing neoliberals. Attacks from left-wing neo-Marxists are new and require a reply. To put the matter simply, Marxists hate capitalism, and they mistakenly assume that steady-state economics is inherently capitalist. Vettese is a Marxist; ergo, Vettese hates steady-state economics.

To spell this out, let’s begin by giving Marx due credit for emphasizing the reality of class exploitation under all heretofore existing economic systems,

The Connection Between Population, Income, and Health

July 3, 2019/5 Comments/in Consumption, Economic Growth, Environment, Population, Poverty, Steady State Economy, Steady State Herald, Technology /by Brian Czech

by Max Kummerow

For hundreds of years, economists have debated whether population growth is good or bad. Malthus said exponential population growth increases labor supply, so wages fall until starvation, war, or plague stops growth in numbers. Marx said capitalism causes poverty and hunger, so population growth is good, because “every stomach is born with a pair of hands”, bringing revolution and justice closer.

Nearly 200 years later, Garrett Hardin and Julian Simon were still debating the same question.

A Not-So-Nobel Prize for Growth Economists

October 15, 2018/10 Comments/in Brian Czech, Climate Change, Economic Growth, Steady State Economy, Steady State Herald, Sustainability, Technology /by Brian Czech

by Brian Czech

How ironic for the Washington Post to opine “Earth may have no tomorrow” and, two pages later, offer up the mini-bios of William Nordhaus and Paul Romer, described as Nobel Prize winners.

Without more rigorous news coverage, few indeed will know that Nordhaus and Romer are epitomes of neoclassical economics, that 20th century occupation isolated from the realities of natural science.