The Green New Deal: What’s Really Green and What’s Really New

By Brian Czech

Ask Americans what the Green New Deal is all about, and you’ll get two basic answers. Most often you’ll hear, “It’s about moving to renewable energy in order to fight climate change.” You’ll also hear, from a camp further right, “It’s all about socialism!” Either way, the really green, really new feature is overlooked. What the Green New Deal is really about is the transition to a steady state economy. At least, that’s what it must be about, to be truly green and new. Let’s start with green. “Green” connotes environmental protection. Some may view it naively as a tree hugger’s agenda, but ultimately, it’s about economic sustainability. That’s because economic activity starts from deep in the environment; namely with the agricultural and extractive sectors.


A Not-So-Nobel Prize for Growth Economists

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. Nordhaus and Romer may deserve their prizes for economic modeling, but each gets an F in advanced sustainability.