Entries by Amelia Jaycen

“Driving” the Growth of Local Economies: Farming or Financing?

by Brian Czech Among today’s headlines is the pedestrian-sounding “Colin Hanna: Economic growth, new jobs, strengthened pensions.” Author Hanna, surely a well-meaning soul, is pitching the merits of the private equity “industry.” The problem is, Hanna goes so far as to reference “the industry’s clear record of driving economic growth.” Hanna’s article reminds me of […]

Neocornucopianism and the Steady State: Part I

By Josh Farley Perhaps the main reason people reject the need for a steady state economy is some form of cornucopianism, the belief that technological progress will overcome all ecological and physical limits, allowing endless economic growth into the indefinite future. Cornucopianism has several flavors, and I will describe three: mainstream economics, eco-modernism, and singularity […]

Population and the Steady State Economy

By Max Kummerow Sir David Attenborough remarked in a 2011 presidential lecture to the Royal Society that “every environmental and social problem is made more difficult and ultimately impossible to solve with ever more people.” Wherever women’s status has improved and societies modernized, he said, birth rates have fallen. He begged his audience to “talk […]

A Not-So-Nobel Prize for Growth Economists

No follow-up should be needed to expose the ludicrousness of Nordhaus’s statement, but just in case: Agriculture is the very foundation of the economy. No agriculture, no anything else. Think about it. Any hit on agriculture – whether from climate change, bad luck, or stupid policies – has a magnified effect on the economy at large.

Gross Domestic Problem On World Animal Day

~Republished from The Daly News for World Animal Day 2018~   by Brian Czech If you like animals, your feelings may have been nurtured by “Hedgehogs Being Adorable,” “Baby Hippo Has Won Our Hearts,” and other such gems. The Huffington Post, The Animal Blog, and various animal-lover media take a heartfelt approach to the appreciation of […]

The Poison Beer of GDP

  By Herman Daly, CASSE Economist Emeritus – October 3, 2018 Disaggregating reported GDP growth to reveal the differences in growth by income class, as per the Schumer-Heinrich Bill, is a good idea. After all, telling us, say, that average income grew by 4% is not nearly as informative as telling us that the richest […]

NGOs Challenged to Back Up Their Rhetoric

The Center for the Advancement of the Steady State Economy (CASSE) has sent a letter to the presidents of the top ten environmental NGOs challenging them to a debate. The debate will center around one question: “Is there a conflict between economic growth and environmental protection?”