Brian Czech Archives – Page 3 of 10 – Center for the Advancement of the Steady State Economy

Using GDP to Estimate the Limits to Growth

May 25, 2023/8 Comments/in Brian Czech, Economic Growth, Economic Policy, Steady State Economy, Steady State Herald /by Gary Gardner

by Brian Czech

The merits and proper uses of GDP—gross domestic product—have been debated with increasing frequency and intensity in recent years. Neoclassical economists continue to view a growing GDP as the sign of economic success and even social health. Conversely, ecologists who have studied the issue view a growing GDP as an alarming indicator of unsustainability at this point in history.

Meanwhile, a growing number of individuals and organizations in the post-growth community have proposed to eliminate GDP altogether,

Lesson from a Failed Bank: Only One Real Start-Up

March 23, 2023/7 Comments/in Banking, Brian Czech, Corporate Reform, Monetary Policy, Money and Investments, Steady State Economy, Steady State Herald, Technology, Trophic Theory of Money /by Gary Gardner

by Brian Czech

Banks are macroeconomic mirrors. They reflect the activity of the real economy. If the economy is growing, so are the banks, starting with the Federal Reserve and its regional banks, all the way out to tiny First Michigan Bank, Oakwood Bank (the smallest bank in bank-laden Texas), and the patriotically named Citizens Bank of Americus (Georgia).

Not only do the banks,

COP15: The Good, the Bad, and the Smugly

January 19, 2023/5 Comments/in Animal Welfare, Biodiversity, Brian Czech, Climate Change, Economic Policy, Environment, Politics, Steady State Economy, Steady State Herald /by Brian Czech

by Brian Czech

On a scale of one to ten, COP15—the UN Biodiversity Conference in Montreal last month—was a solid five. That may not sound like a ringing endorsement, but it represents significant progress from prior COPs, which dabbled along in the one or two range for the better part of three decades. The progress was evident from the start, when UN Secretary General António Guterres kicked off the conference by noting,

A Primer on Economic Growth and Biodiversity Conservation for COP15

December 1, 2022/4 Comments/in Animal Welfare, Biodiversity, Brian Czech, Economic Growth, Endangered Species, Environment, Governance, Steady State Economy, Steady State Herald, Sustainability /by Brian Czech

by Brian Czech

With COP15 coming up, it’s time to don the old conservation biologist hat and proffer a primer on the relationship between economic growth and biodiversity conservation. The last thing we want is a COP15 devoid of discussion about the fundamental conflict between growing the economy and conserving biodiversity. In fact, the 800-pound gorilla—GDP growth—ought to be front and center.

For the uninitiated, COP15 is the UN Biodiversity Conference,

In Commemoration: A Sampling of Herman Daly

November 17, 2022/7 Comments/in Brian Czech, Herman Daly, Peace, Steady State Economy, Steady State Herald /by Brian Czech

by Herman Daly (posthumously) — Introduction by Brian Czech

Given the recent, tragic passing of Herman Daly, we allocate this week’s Steady State Herald to the wise words of Daly himself. From 2010-2018, Herman was a regular contributor to The Daly News, CASSE’s blog before the Herald was launched. (Herman’s modesty almost prevented us from naming the blog after him, but he was outnumbered by CASSE staff and board,

Slow is Beautiful: The Need to Decelerate

November 10, 2022/9 Comments/in Brian Czech, Degrowth, Jobs and Employment, Postgrowth, Steady State Economy, Steady State Herald, Sustainability, Technology /by Brian Czech

by Greg Mikkelson

Brian Czech once likened modern economic growth to a runaway train. This metaphor drives home the point that to save nature and humanity from an ecological train wreck, the most important thing is to decelerate the global economy. Unfortunately, much writing on environmental protection neglects this imperative and fixates instead on what we must accelerate.

For example, the must-read Living Planet Report,

Herman Daly (1938-2022): Up to the Steady State Economy

November 3, 2022/28 Comments/in Brian Czech, Herman Daly, Steady State Economy, Steady State Herald /by Brian Czech

by Brian Czech

Herman Daly, the champion of steady-state economics, passed away in the presence of beloved family members on October 28, 2022. In the process, a world in dire need of Herman’s wisdom became a lesser place. Yet we can be grateful for the 84 years he graced the earth and for the legacy he’s left us.

An excellent festschrift edited by Joshua Farley, a sweeping biography by Peter Victor,

Three Senate Races for Steady Staters to Monitor

October 27, 2022/0 Comments/in Brian Czech, Economic Policy, Politics, Steady State Herald /by Brian Czech

by Brian Czech

Election Day is almost upon us. Along with the 435 House seats are thirty-five seats for grabs in the Senate. Our focus here is on the Senate races, given their high-profile candidates, substantial policy stakes, and excellent examples of growthmanship gone amuck (literally, in some agricultural cases).

Candidates fall along a spectrum—theoretically at least—from a degrowth to a pro-growth stance. It’s a “theoretical” spectrum because, at this point in the history of the USA,

Hurricane Ian: A Profoundly Polluting Event

September 29, 2022/7 Comments/in Brian Czech, Climate Change, Economic Policy, Environment, Food and Agriculture, Steady State Economy, Steady State Herald /by Brian Czech

by Brian Czech

If you’re a steady stater, I know what you’re thinking about Hurricane Ian. For starters, of course, you’re deeply concerned about any family or friends you may have in Florida, along with folks in general along Ian’s path. But you’re also wondering, “What about the pollution?”

The marine pollution that accompanies coastal flooding, most notably from violent hurricanes, is probably ignored by the majority of folks,

Conservatives and the Steady State Economy: A Natural Fit

September 22, 2022/19 Comments/in Brian Czech, Economic Growth, Economic Policy, Politics, Steady State Economy, Steady State Herald /by Brian Czech

by Brian Czech

If you call yourself a “conservative” these days, what does that tell us? Or, what is it supposed to tell us? Does it mean you’re a Republican, a Tory, or a member of the largest party in the democratic world, the Bharatiya Janata Party? Must you be a particular brand of partisan—maybe a MAGA Republican or a Modi भक्त—to wear the conservative hat?

What about your faith?