David Shreve Archives – Center for the Advancement of the Steady State Economy

Taxes, Economic “Development,” and Growth Fetishism — State of the States

February 12, 2026/3 Comments/in David Shreve, Economic Growth, Economic Policy, Governance, Ideology, Inequality, Jobs and Employment, Limits to Growth, Poverty, Steady State Economy, Steady State Herald, Wealth, Wellbeing /by Alix Underwood

by David Shreve

Many are beginning to sense that there is a diminishing relationship between increasing gross domestic product (GDP) and broad prosperity or “quality of life.” Environmental perils are a big part of this—from dying oceans and freshwater shortages to extreme weather events and epidemics. People readily feel these changes, even without knowing their true extent. Technological advances notwithstanding, there is little doubt that ongoing “growth” only perpetuates and amplifies such perils.

Introducing the Sustainable Trade Act

October 17, 2025/6 Comments/in David Shreve, Economic Policy, Energy, Food and Agriculture, Fossil Fuels, Governance, Jobs and Employment, Politics, Steady State Economy Act, Steady State Herald /by Alix Underwood

by David Shreve

What are supposed to be the advantages of the free-trade consensus that has emerged in the last century? Yes, innovative technologies and techniques have made their way around the globe. The diffusion of digital communications, managerial technology, advanced materials engineering, and efficient shipping techniques are but a few prominent examples. The openness and complexity of the global trading system have facilitated this diffusion.

Additionally, trade based on “comparative advantage” has modestly increased global economic efficiency.

Introducing the Natural Resources and Electricity Cap-and-Trade Act

July 10, 2025/7 Comments/in Consumption, David Shreve, Economic Policy, Energy, Fossil Fuels, Materials use, Pollution, Steady State Economy, Steady State Economy Act, Steady State Herald /by Alix Underwood

by David Shreve

In cap-and-trade systems, the government places a “cap,” or limit, typically on pollution or resource extraction. The amount of pollution or extraction is then divided into “allowances,” which are allocated to the polluting or extracting corporations. These corporations can trade their unused allowances in the marketplace.

Cap-and-trade policies promise significant abatement at an optimally low cost. But does experience with cap-and-trade systems vindicate this promise?

The United States and other countries have tested a variety of cap-and-trade systems.

Introducing the Sustainable Transportation Act

May 29, 2025/7 Comments/in David Shreve, Economic Policy, Fossil Fuels, Governance, Steady State Economy, Steady State Economy Act, Steady State Herald, Sustainability, Wellbeing /by Alix Underwood

by David Shreve

While transportation is vital to American prosperity, the transportation sector is the largest direct contributor of U.S. greenhouse gas emissions among all economic sectors. Even though passenger-car efficiency has steadily increased in recent years, the sector’s contribution to environmental degradation has continued to rise. Since 1995, U.S. transportation sector emissions have risen by almost 20 percent.

We cannot ignore the principal problems in the U.S.

Introducing the Sustainable Housing Act: Shelter for All in a Steady State

April 17, 2025/5 Comments/in David Shreve, Economic Policy, Governance, Inequality, Inflation, Limits to Growth, Materials use, Population, Steady State Economy, Steady State Economy Act, Steady State Herald, Sustainability /by Alix Underwood

by David Shreve

Housing in the United States (and in many other nations) is plagued by many problems and shortcomings. Among the most critical are increasingly unaffordable prices and bewildering geographic cost variations. Connected to these are additional problems associated with forced sprawl, the needless destruction of vital ecosystems, and labor market rigidity.

The residential cost problem is paramount and can no longer be dismissed as a predicament limited to isolated markets.

Archive for category: David Shreve

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by David Shreve

by David Shreve