The One Percent: Not Kristallnacht but Lebensraum
The talking points of conspicuous consumers can be just as obnoxious as their purchasing habits.
These are the CASSE blog articles on money and investments.
“Driving” the Growth of Local Economies: Farming or Financing?
/0 Comments/in Brian Czech, Economic Growth, Jobs and Employment, Money and Investments, Steady State Economy, Steady State Herald /by Brian Czechby 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 the many, many (oh, so many) times I’ve read about tourism, bowling,
Conflict of Interest at the U.S. Fish and Wildlife Service? A Deal Some Couldn’t Refuse
/4 Comments/in Climate Change, Corruption, Endangered Species, Energy, Environment, Governance, Money and Investments, Sustainability, Technology, The Daly News /by Brian Czech
By Richard McCorkle, Guest Author
As a fish and wildlife biologist with the U.S. Fish and Wildlife Service, I’ve been concerned about global warming and climate change for more than a quarter century. In the late 1990s, when I finally had the means to do so, I began privately investing in socially and environmentally screened mutual funds. I felt it was the right thing to do; I was putting my money where my mouth was.
Where Does Inflation Hide?
/5 Comments/in Banking, Inflation, Monetary Policy, Money and Investments, The Daly News /by Brian CzechBy Herman Daly
The talking heads in the media explain the recent fall in the stock market as follows: A fall in unemployment leads to a tight labor market and the prospect of wage increases; wage increase leads to threat of inflation; which leads the Fed to likely raise interest rates; which would lead to less borrowing, and to less investment in stocks, and consequently to an expected fall in stock prices.
What is Wrong with a Zero Interest Rate?
/6 Comments/in Corporate Reform, Economic Policy, Governance, Inflation, Monetary Policy, Money and Investments, The Daly News /by Brian Czechby Herman Daly
The stock market took a dip, so the Fed will likely continue to keep the interest rate at zero, in conformity with its goal of supporting asset prices by quantitative easing. What is wrong with a zero interest rate? Doesn’t it boost investment, growth, and employment?
There are many things wrong with a zero interest rate. Remember that the interest rate is a price paid to savers by borrowing investors.
A New Economy Will Help Save Rivers and Fisheries
/0 Comments/in Economic Growth, Environment, Food and Agriculture, Money and Investments, Steady State Economy, Sustainability, The Daly News /by Brian CzechMany activities that today damage rivers and fisheries would not occur in a steady state economy.
Oil and Real Estate Bubbles in Canada: What Goes up Won’t so Smoothly Come Down
/7 Comments/in Economic Growth, Economic Policy, Money and Investments, Steady State Economy, The Daly News /by Brian CzechMagnus-Johnston explains how these investments are funded, and how it exacerbates our economy’s growth imperative.
Peace, Love, and the Gift
/3 Comments/in Consumption, Economic Growth, Money and Investments, The Daly News /by Brian CzechIf we are to degrow the economy towards a steady state, we’re going to need to be a whole lot more generous, a whole lot happier, and more grateful for what we have already.
Use and Abuse of the “Natural Capital” Concept
/7 Comments/in Consumption, Economic Policy, Environment, Monetary Policy, Money and Investments, Sustainability, The Daly News /by Brian CzechHerman 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.
Do U.S. Election Financing Laws Force Politicians to Ignore Limits to Growth?
/1 Comment/in Environment, Money and Investments, Steady State Economy, Sustainability, The Daly News /by Brian CzechBrent Blackwelder explains the connection between campaign financing laws and a steady state economy.