These are the CASSE blog articles on consumption.
In 2021, China had around 30 million homes sitting vacant for extended periods. There’s enough unused housing in China to house around 80 million people, roughly the population of Germany. This isn’t “slack” in the market; there is little hope that these homes will someday find an occupant. These homes are bound to remain empty.
Indeed, most of these homes are simply held as financial assets;
The current bout of inflation should be no surprise to steady staters. We have national and global ecosystems pushed to the limits by population and economic growth. At the same time, we have monetary authorities and heads of state—neoclassically oblivious to limits—eager to stimulate the economy with loose money. It’s a recipe for inflation.
We tweeted all the way back in March 2020 that inflation was coming.
People tend to think of Russia as a wide-open country with plenty of space for economic growth. While it may take days to ride the trans-Siberian railway, any notion of an empty Russia is as antiquated as Dr. Zhivago. European Russia, especially, has been cultivated, harvested, logged, mined, fished, and “developed” to the gills with roads, bridges, railways, power lines, pipelines, grids, towers, cables, dams, and canals connecting every industry under the sun to thousands of towns and cities plus tens of thousands of villages.
For several weeks now, the world has been following the movement of troops on the Russia-Ukraine border with a question: What does Putin want? While the Kremlin cites potential Ukrainian membership in NATO as a casus belli, experts have been proposing alternative reasons for why Vladimir Putin wants to invade Ukraine. In a recent post, Brian Czech suggests that the most overlooked reason is the extremely fertile agricultural lands comprising much of Ukraine.
In November 2021, the European Commission approved an investment package of €290 million to support 132 new environmental projects through L’Instrument Financier pour l’Environnement, or the “LIFE” programme. LIFE is designed to help reach the environmental goals outlined in the EU Green Deal, and it’s the only EU funding programme entirely dedicated to environmental, climate, and clean energy objectives. With certain adjustments, it could be more aligned with steady-state principles.
The European Green Deal, the EU’s flagship environmental program, aims to profoundly transform the EU’s 27 member states into low-carbon economies. The deal was rolled out in December 2019 by Ursula von der Leyen, President of the European Commission. It’s supposed to be a roadmap toward a “fair and prosperous society” with an economy that is modern, resource-efficient, and competitive. So far, so good? Let’s take a deeper dive.
Every year we are inundated with a mountain of content advising us on how to have a low impact or psychologically healthy Christmas, complete with the latest juicy and disturbing figures from our laughably inefficient economy. Caught in a matrix of overbearing social obligations, financial and employment pressures, and the imminent collapse of our life support systems, the proliferation of these articles is a welcome sign.
Wind turbines kill birds.
This is not a fiction devised by the fossil fuel industry. It is an observable fact.
Ask, for instance, the dozens of birders who ventured to Scotland’s Outer Hebrides for a glimpse of a white-throated needletail, the first sighting of the species in Britain in 22 years. Like other swifts, the white-throated needletail is an adroit flier, catching insects on the wing and even mating during flight.
Let’s play a game of “who said it.” I’ll give you quotes from either For the Common Good (by Herman Daly and John Cobb), or Let Us Dream (by Pope Francis). You guess who wrote it:
There was a time when I dreamt of working at Facebook. I was less intrigued by the software development side than with studying the exchange of information and the cultural evolution occurring through online social networks. One of my research interests is how individuals learn to act cooperatively and acquire new preferences. What better place is there to do that than at the largest online social media platform?
Since joining Facebook in 2009,