An Economics Fit for Purpose in a Finite World
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?
These are the CASSE blog articles on governance.
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!
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?
Does Paul Krugman believe GDP growth is making us richer or poorer?
How is the depletion of morality effecting the environment and economic growth?
What can leprosy and its treatment teach us about ourselves and how to manage our environmental crises?
The next nonsensical strategy for maintaining the dream of endless GDP expansion? Negative interest rates!
While we’re hunkered down enduring the inevitable collapse of the growth economy, we should consider sound policies for a sustainable economy.
Economic growth is not the same things as “more jobs,” especially with the methods we’ve used to grow the economy.