by Brian Czech Among today’s headlines is the pedestrian-sounding “Colin Hanna: Economic growth, new jobs, strengthened pensions.” Author Hanna, surely a well-meaning soul, is pitching the merits of the private equity “industry.” The problem is, Hanna goes so far as to reference “the industry’s clear record of driving economic growth.” Hanna’s article reminds me of […]
By Max Kummerow Sir David Attenborough remarked in a 2011 presidential lecture to the Royal Society that “every environmental and social problem is made more difficult and ultimately impossible to solve with ever more people.” Wherever women’s status has improved and societies modernized, he said, birth rates have fallen. He begged his audience to “talk […]
by James Magnus-Johnston As the fall chill sets into the air and farmers begin to harvest, universities invite another wave of impressionable young minds to think about the future—of society, and of their place in it. But preparation for the future requires us to consider exactly what kind of future we think we’re in for, […]
by Brent Blackwelder A renewable energy revolution is sweeping the planet. This revolution has profound implications because it signals that the global economy is moving to stop the growth of our human carbon footprint. The global economy has run for a century primarily on fossil fuels but is now undergoing a rapid transition to a global […]
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.
Policies needed to stabilize population and consumption will be difficult to enact, but difficult is a lot easier than impossible.
State of denial: it’s easier to pretend that unlimited economic growth can support an unlimited population, including immigrants.