Economic Growth Archives – Page 3 of 36 – Center for the Advancement of the Steady State Economy

Cracking the Code: Finding “Economic Growth” in Statutory Law

July 20, 2023/8 Comments/in Daniel Wortel-London, Economic Growth, Economic Policy, Governance, Steady State Economy, Steady State Herald /by Gary Gardner

by Daniel Wortel-London

A chapter in the U.S. Code entitled “Statements to accompany significant regulatory actions” contains a critical directive. It declares that any notice of proposed rulemaking by a federal agency that may result in expenditures of $100,000,000 or more must be accompanied by an estimate of that rule’s effect on economic growth.

Take out your editor’s pen. Imagine amending this code by replacing “economic growth” with “economic stability.” How might this simple change transform the purpose and operation of federal laws?

Steady-State Talking Points for Democrats and Republicans

June 22, 2023/2 Comments/in Brian Czech, Economic Growth, Environment, Governance, Politics, Steady State Economy, Steady State Herald /by Gary Gardner

by Brian Czech

Limits to growth are all around us. Global heating, resource shortages, and biodiversity collapse are linked at the hip with stagnating productivity, inflation, and crippling debt. Little by little, citizens and politicians are waking up to ecological limits and the economic linkages.

The awakening is painfully slow for those who have long lamented society’s obsession with growth. After all, economic growth entails a growing human population and ecological footprint,

Using GDP to Estimate the Limits to Growth

May 25, 2023/8 Comments/in Brian Czech, Economic Growth, Economic Policy, Steady State Economy, Steady State Herald /by Gary Gardner

by Brian Czech

The merits and proper uses of GDP—gross domestic product—have been debated with increasing frequency and intensity in recent years. Neoclassical economists continue to view a growing GDP as the sign of economic success and even social health. Conversely, ecologists who have studied the issue view a growing GDP as an alarming indicator of unsustainability at this point in history.

Meanwhile, a growing number of individuals and organizations in the post-growth community have proposed to eliminate GDP altogether,

Prospecting for a Steady State in North America

May 18, 2023/3 Comments/in Economic Growth, Environment, Greg Mikkelson, Steady State Economy, Steady State Herald /by Gary Gardner

by Gregory M. Mikkelson

In late summer of 2001 I moved from the USA to Canada, where my rose-colored glasses paradoxically made the grass look even greener. While President Bush had just reneged on the Kyoto Protocol, Prime Minister Chrétien stood by it, having been one of the first to sign. Two years later Chrétien withstood the pressure to join Bush’s disastrous war against Iraq.

Whose Taps Will Go Dry First?

May 11, 2023/5 Comments/in Economic Growth, Gary Gardner, Steady State Economy, Steady State Herald, Water /by Gary Gardner

by Gary Gardner

Experts have warned for decades of potential water scarcity in many regions, but over the past decade the warnings have nearly morphed into large-scale catastrophes. In 2014, water in reservoirs supplying Sao Paulo, Brazil dropped to just five percent of capacity, and residents found themselves on the threshold of severe shortages. In 2017, the mayor of Cape Town warned residents of the impending arrival of “Day Zero,” when critically low reservoir levels would trigger a shutoff of city taps and lead to queues of residents waiting for water at standpipes.

“I Know You’re Malthusian, But What Am I?”

April 20, 2023/20 Comments/in Economic Growth, Environment, Population, Steady State Economy, Steady State Herald /by Gary Gardner

by John Mirisch

Times are evidently rough for our natalist, growthmaniac friends.

More people than ever are questioning their agenda of increasing the planet’s population beyond the current 8 billion people (double the level of less than fifty years ago) in the name of “progress” and profit. Yet the growthmaniacs’ only response to anyone who links human population and ecological overshoot is to scream “Malthus!” at the top of their lungs (although some Marvel fanboy growthmaniacs have been known to respond “Thanos!” instead).

A Steady State Sustains All Boats

April 13, 2023/4 Comments/in Economic Growth, Inequality, Steady State Economy, Steady State Herald, Wealth /by Gary Gardner

by Gregory M. Mikkelson

An important recent article on resource use and its environmental impacts starts from the premise that “the planet’s resources and ecosystems are a commons, and… all people are entitled to an equal, sustainable share.” Alas, the world today deviates wildly from this norm. Indeed, inequality—of resource use, but also of income and wealth—is extremely high today and is actually worsened by economic growth. What’s more, it is bad for our politics,

Bulldozing the Planet

March 16, 2023/5 Comments/in Economic Growth, Environment, Greg Mikkelson, Materials use, Pollution, Steady State Economy, Steady State Herald /by Gary Gardner

by Gregory M. Mikkelson

Just as it does for a certain “old man on a green bike,” my commitment to car-free travel often drives me to greater levels of exercise, and more vivid experiences of nature, than one would get behind the wheel of a car. Unfortunately, economic growth has progressively degraded one such experience. Trips to my partner’s lake cottage begin with a commuter train in Montréal and end with an hour-long walk on a dirt road through the countryside.

Happiness Matters, Even in a Steady State Economy! Part 1: Sustainable Hedonism

February 23, 2023/7 Comments/in Consumption, Economic Growth, Steady State Economy, Steady State Herald, Sustainability /by Gary Gardner

by Orsolya Lelkes

From a historical perspective, we should be living in the happiest of all worlds. Ours is a culture ostensibly centered around happiness: The mainstream neoclassical economic system aims to maximize pleasure (utility) for all, and is based on the assumption that we humans seek the greatest pleasure and the least pain, and that this quest is the main driver of our actions.

Happiness has also been a philosophical,

A Primer on Economic Growth and Biodiversity Conservation for COP15

December 1, 2022/4 Comments/in Animal Welfare, Biodiversity, Brian Czech, Economic Growth, Endangered Species, Environment, Governance, Steady State Economy, Steady State Herald, Sustainability /by Brian Czech

by Brian Czech

With COP15 coming up, it’s time to don the old conservation biologist hat and proffer a primer on the relationship between economic growth and biodiversity conservation. The last thing we want is a COP15 devoid of discussion about the fundamental conflict between growing the economy and conserving biodiversity. In fact, the 800-pound gorilla—GDP growth—ought to be front and center.

For the uninitiated, COP15 is the UN Biodiversity Conference,