Economic Policy Archives – Page 6 of 27 – Center for the Advancement of the Steady State Economy

Introducing the Forgoing Flights for America the Beautiful Act

September 2, 2021/5 Comments/in Brian Czech, Climate Change, Economic Policy, Environment, Governance, Politics, Steady State Economy, Steady State Herald, Sustainability /by Brian Czech

by Brian Czech

The first commandment of serious policy reform is: “Thou shalt not propose sweeping legislation without the drafting thereof.” So, if we’re going to get serious about banning flights, we better produce the legislative goods. In doing so, we strive to obey the second commandment as well: “Thou shalt not propose infeasible legislation.”

To be feasible, the Forgoing Flights for America the Beautiful Act (FFAB) must be presented as a logical sequence of reforms.

#BanFlightsUSA, Before It’s Too Late!

August 26, 2021/26 Comments/in Brian Czech, Climate Change, Economic Policy, Environment, Governance, Steady State Economy, Steady State Herald, Sustainability /by Brian Czech

by Brian Czech

In a rational world, we’d avoid doing things that rot our teeth, cause traffic accidents, or…ruin the planet for the kids, grandkids, and millions of other species. Unfortunately, our rationality has been spotty at best. We’ve been rational enough to protect plenty of teeth and prevent numerous accidents, but we’ve done nothing to stop the global heating that is wrecking our spectacular Earth.

That’s why we need to ban flights now.

The GPI Act: Genuine Indication of Progress?

August 12, 2021/6 Comments/in Economic Growth, Economic Policy, Politics, Steady State Herald /by Brian Czech

by James Lamont

On July 30 the Genuine Progress Indicator (GPI) Act was introduced in Congress by U.S. House Representative Ilhan Omar (D-MN). The GPI would indicate the net benefit of economic activity, as an alternative to Gross Domestic Product (GDP). It would be used in the economic and budgetary reporting of federal agencies and government offices.

For me, the timing was remarkable, as July 30 was the very day I signed on with CASSE.

CO2 Emissions: Accounting for Accountability

August 5, 2021/2 Comments/in Climate Change, Consumption, Economic Growth, Economic Policy, Environment, Steady State Economy, Steady State Herald /by Brian Czech

by Taylor Lange

In my very first graduate statistics course, the professor often cautioned us about data collection: “Garbage in, Garbage out.” What she said, in no uncertain terms, was that mistakes in the measurement or methodology would invalidate our statistical analyses. I’ve consistently reminded myself of this mantra. My colleagues, students, and I double check the sources and methodology behind any data we’re testing. If we aren’t entirely confident in the integrity of the data,

Old White Men: Protecting the Rim for Steady-State Diversity

July 22, 2021/18 Comments/in Brian Czech, Economic Policy, Environment, Governance, Politics, Steady State Economy, Steady State Herald, Sustainability /by Brian Czech

by Brian Czech

I’m an old guy. Not ancient, perhaps, but my 61-year old knees alone would put me in the lower decile of…let’s say freshness. Why, my best days are so far back, you’d need a rearview mirror from the Giant Magellan Telescope to spot one!

As if that weren’t bad enough, I’m a white guy. I might feel black and blue sometimes from fighting the forces of GDP growth,

Wellbeing, Happiness, and GDP Growth: Rhetoric vs. Reality

July 15, 2021/5 Comments/in Climate Change, Economic Growth, Economic Policy, Environment, Governance, Politics, Population, Steady State Economy, Steady State Herald, Sustainability /by Brian Czech

by James MacGregor Palmer

Several movements are working in opposition to the destructive growth economy of the 21st century. The labels adopted by these movements are largely tied to the regions in which they originated and/or became popular. For example, the term “steady state” is most prevalent in the USA, while “degrowth” is often associated with continental Europe. The widespread term throughout the UK, however, is “wellbeing economy.”

Without prior knowledge of the UK term,

Degrowth: A North American Vision

May 6, 2021/10 Comments/in Brian Czech, Degrowth, Economic Growth, Economic Policy, Governance, Politics, Population, Steady State Economy, Steady State Herald /by Brian Czech

By Brian Czech

Students and scholars of steady-state economics must have noticed, by now, that the Degrowth movement in Europe has attained far more traction than the steady-state movement has in the USA (or anywhere). Degrowth is the banner under which thousands have assembled at numerous conferences for almost two decades now, demonstrating a durable unity. Major European news outlets such as The Guardian report on Degrowth doings; even prominent American outlets including Bloomberg have taken note.

Spaceship Earth and the Alien Economy: More than a Metaphor

March 11, 2021/6 Comments/in Consumption, Corporate Reform, Degrowth, Economic Growth, Economic Policy, Steady State Economy, Steady State Herald, Sustainability /by Brian Czech

by James MacGregor Palmer

The year was 1965, and on the morning of July 9 in Geneva, Adlai Ewing Stevenson II prepared for his final speech to the UN. A former Governor of Illinois and presidential candidate, what he was about to say might still become his greatest contribution. But we’re in danger of forgetting it.

What Adlai Stevenson proffered the world that day was a metaphor. A simple yet powerful idea that,

Paying Taxes with Trophic Money: Watch Out for Environmental Backfires

March 4, 2021/12 Comments/in Brian Czech, Degrowth, Economic Growth, Economic Policy, Food and Agriculture, Governance, Monetary Policy, Politics, Steady State Economy, Steady State Herald, Sustainability /by Brian Czech

by Brian Czech

I didn’t set out to coin a phrase, but “trophic money” will be far handier than “money derived pursuant to the trophic theory of money.” The trophic theory of money is that money originates via the agricultural surplus that frees the hands for the division of labor into all the other economic activities, most basically manufacturing and services. It’s a theory of money that reflects not only the trophic structure of the economy—with manufacturing and services built upon a base of agriculture and extraction—but the fact that money is meaningless unless we have an agricultural surplus at the trophic base.

The GameStop Boom: Lessons for Steady Staters

February 11, 2021/3 Comments/in Economic Growth, Economic Policy, Monetary Policy, Money and Investments, Poverty, Steady State Economy, Steady State Herald /by Brian Czech

by James MacGregor Palmer

Over the last week of January, it was hard to miss the headlines: “Reddit vs Wall Street,” “Reddit Sparks Wall Street Crisis,” “The Reddit Traders Who Took On Wall Street’s Elite.” The GameStop phenomenon, fueled by the Reddit forum “WallStreetBets,” was pitched as a David vs Goliath story where a group of ordinary citizens took on the elites and won.