The purchase of expensive luxury goods requires an agricultural and extractive surplus at the base of the economy–this is the “tropic theory of money.”
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.
Now’s the time to maintain pressure on the World Bank to avoid costly failures in constructing a 21st-century energy infrastructure.
It’s common sense: if you want a debt ceiling for the federal government, then you ought to want a debt ceiling for the private sector as well.
He’s not the ideal, but if appointed Fed Chair, Hank Paulson might actually consider the environmental effects of Fed policies.
Jason Bradford realized that humanity was sitting in a precarious position of ecological overshoot. His response is downright inspiring.
Maybe pirates had a good idea about burying their loot — see how to disentangle yourself from the too-big-to-fail financial system.
Banks should not be allowed to live the alchemist’s dream by creating money out of nothing and lending it at interest.