These are the CASSE blog articles on corporate reform.


What is Wrong with a Zero Interest Rate?

by Herman Daly

The stock market took a dip, so the Fed will likely continue to keep the interest rate at zero, in conformity with its goal of supporting asset prices by quantitative easing. What is wrong with a zero interest rate? Doesn’t it boost investment, growth, and employment?

There are many things wrong with a zero interest rate. Remember that the interest rate is a price paid to savers by borrowing investors.


The Pope Francis Encyclical And Its Economics

by Brent Blackwelder

The Encyclical Letter of Pope Francis is attracting extraordinary attention for its message on global warming, deforestation, loss of biological diversity, and other pressing environmental issues. What is less well known is the extensive critique of the global economy found in his 184-page Encyclical. This blog highlights some of the significant points that Pope Francis makes about the need for systemic economic change.

Although the Pope does not use the phrase “steady state economy”


Seismic Political Shifts Reveal Desire for Serious Change

by James Magnus-Johnston

If you demonstrate to people that the NDP [New Democratic Party] can win in Alberta, suddenly anything seems possible. —Paul Fairie, University of Calgary political scientist

On the problematic political spectrum, neither the right nor the left have become wholesale champions of the steady state economy. Then again, embracing something perceived as ‘new’ has never been the strong suit of the politician. It takes years of ideological evolution among the grassroots before seemingly new and different ideas become politically palatable.


Cold War Leftovers

Daly challenges the assertion that a steady-state economy is inherently capitalistic and must be instead be based on a socialist system.


Who’s Going to Lead the Way to a Sustainable Economy?

There’s hope that the next generation of workers will make the shift to a sustainable economy.


Surprises Lurk with Pending Obama Trade Deals

You don’t have to connect very many dots to see the rationale behind the proposed trade agreements. Unfortunately the rationale is irrational!


Ending the Insanity of Ecocide

Ecocidal tendencies have no place in either our legal or our economic institutions. Here’s a direct way to help put an end to ecocide.


How on Earth: Flourishing in a Not-For-Profit World by 2050

The transition from profit-based businesses to not-for-profit enterprises offers one of the most hopeful paths to a sustainable economy.


Three Glimmers of Hope for an Economic Transformation

Brent Blackwelder sees three possibilities (granted they’re long-shots) for overcoming the obstacles to an economic paradigm shift.