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.
These are the CASSE blog articles on economic policy.
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.
Herman Daly explains how we can use prices now as tools for rationing a fixed predetermined flow of resources, rather than determining the volume of resources taken from nature, or the physical scale of the economic subsystem.
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!
When individual action is too little, and national policy reform will be too late, community-based movement may be just right.
Daly challenges the assertion that a steady-state economy is inherently capitalistic and must be instead be based on a socialist system.
What is the best strategy for incorporating limits to growth into economics?
Our guest post discusses some exciting initiatives to augment GDP with indicators that measure our well-being or happiness.
Does Paul Krugman believe GDP growth is making us richer or poorer?
How is the depletion of morality effecting the environment and economic growth?
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