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Happiness Matters, Even in a Steady State Economy! Part 1: Sustainable Hedonism

by Orsolya Lelkes

From a historical perspective, we should be living in the happiest of all worlds. Ours is a culture ostensibly centered around happiness: The mainstream neoclassical economic system aims to maximize pleasure (utility) for all, and is based on the assumption that we humans seek the greatest pleasure and the least pain, and that this quest is the main driver of our actions.

Happiness has also been a philosophical,

Economic Growth is Bad for Your Breath(s)

by Gregory M. Mikkelson

Several years ago, some university students invited me to debate a hard-core mainstream economics professor on the topic of divestment from fossil fuel. Sadly but predictably, the economist lauded the fossil fuel industry for its role in boosting economic growth. At one point, he cited India as an example of how wonderful such growth is for people.

The moderator, from India himself, felt compelled to step in,

What About the Other Debt Ceiling?

by Gary Gardner

Official Washington is all aflutter over whether Congress should raise the ceiling on U.S. government debt. But this is not the most pressing debt question our country faces.

To see why, step back and enlarge the frame.  A new question emerges: Why would Congress create an artificial and wholly unnecessary debt crisis while ignoring a far more dangerous and decidedly real debt trap? I speak of our ballooning ecological debt,