Paul Krugman on Limits to Growth: Beware the Bathwater
Brian Czech responds to Paul Krugman’s shockingly weak column, which argues against the limits to growth with the example of slow steaming.
These are the CASSE blog articles on economic growth.
Brian Czech responds to Paul Krugman’s shockingly weak column, which argues against the limits to growth with the example of slow steaming.
Mainstream economists base their recommendations on the idea that the Earth is somehow infinite–a notion equally absurd as the idea that the Earth is flat.
Brian Czech discusses a theological basis for a steady state economy.
Our current economic policy goal is not fit for a finite and entropic world. But what would our economic policy goal be in a steady state economy?
Our economy faces a futility limit, ecological catastrophe limit, and an economic limit. Fortunately, the economic limit will likely be the first we encounter; hopefully we can implement a steady state economy before the others are reached!
How should we commemorate the 40th anniversary of the ESA and the 100 year anniversary of the death of the last passenger pigeon?
Daly challenges the assertion that a steady-state economy is inherently capitalistic and must be instead be based on a socialist system.
We are going to need more than a wealth tax to fix our economy.
GDP growth is creating more problems than it solves–which is exactly why we need to keep calculating and monitoring it.
What is the best strategy for incorporating limits to growth into economics?