These are the CASSE blog articles on economic policy.


A Sustainable True-Cost Economy Promises an Escape from Massive Water Pollution

by Brent Blackwelder

A year ago, I wrote about how a true-cost steady state economy would deal with water pollution. Last August, the alarming green slime at the west end of Lake Erie was so bad that it shut down Toledo’s water supply for half a million people. Who would pay the tremendous damages caused by the green slime? Certainly not the industrial agricultural interests who were responsible for about two-thirds of the problem!


Would the Steady State Economy Be a Miracle?

by Herman Daly

Many people think that advocating a steady state economy is like wishing for a miracle. I understand their reasoning and take their point—in the present era of growthism, it does seem rather like advocating a miracle. But that raises the question of exactly what is a miracle? And how many other miracles are we wishing for these days? Of course, science, by definition of its method, rules out the existence of miracles,


Innovating Beyond the Growth Trap: A Challenge to the Ecofiscal Commission’s Growth Fixation

by James Magnus-Johnston

A new voice has emerged recently in Canada called the “Ecofiscal Commission,” which could have the funding, clout, and determination to steer the country in a more promising direction. The group includes high-profile economists, former political leaders, and high-powered financiers. They define “ecofiscal policy” as something that “corrects market price signals to encourage the economic activities we do want (job creation, investment, and innovation) while reducing those we don’t want (greenhouse gas emissions and the pollution of our land,


The Future History of Political Economy – Part 1

by Eric Zencey

Ecological Economics and its corollary, steady-state economic thinking, represent a step forward for the discipline of economics and also a return to how it was practiced in the past. In the nineteenth century, economics was a part of a larger enterprise: political economy, the integrated treatment of morals and economics, ultimate ends and efficient means. Late in that century economics calved off from political economy, leaving behind political science and political philosophy as the residuum.


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.


Book Review: Collision Course: Endless Growth on a Finite Planet by Kerryn Higgs

Herman Daly reviews Kerryn Higgs’ Collision Course (Endless Growth on a Finite Planet), finding her explanation of the ascendancy of the weaker anti-Limits position constitutes a kick in the head for those of us who believe in the persuasive power of reasoned argument.


When Growth Trumps Freedom: the Chill in Canada Comes from our Government, not the Weather

Some politicians will go quite far to cling to an aging growth-at-all-costs narrative.


Who Moved Obama’s Win-Win Cheese?

by Brian Czech

Whether or not you like President Obama or his policy preferences, you have to acknowledge his consistency. Even those with “zero regard” for the president confess, “At least Obama is consistent.”

But not consistently. There is one issue, at least, on which he hasn’t held still, moving in and out like an octopus in a sunken ship. That issue is the relationship between economic growth and environmental protection.


Oil and Real Estate Bubbles in Canada: What Goes up Won’t so Smoothly Come Down

Magnus-Johnston explains how these investments are funded, and how it exacerbates our economy’s growth imperative.


A Population Perspective on the Steady State Economy

The population problem should be considered from the point of view of all populations–populations of both humans and their things–if we are going to achieve a steady state economy.