These are the CASSE blog articles on the steady state economy.
For some reason, recognizing planetary boundaries, including support for a steady state economy, is seen by some as a “progressive” cause. And granted, some steady staters and degrowthers seem to have a checklist of “progressive” causes they identify with. Perhaps adhering to these checklists helps them avoid unwanted labels.
This is a big mistake. Support for a steady state economy is no more “woke” than the laws of thermodynamics.
Monroe County, Indiana, lies just an hour south of the state capital (Indianapolis), yet it retains a rural character. The gently rolling hills and farmland of the Mitchell Plain characterize the central and western portions of the county. Porous limestone bedrock (known as karst) imposed limits on municipal water resources until the late 20th century, when the Army Corps of Engineers created Monroe Reservoir.
“Despite its immensity, the Earth’s resources are not infinite, and it’s clear we’ve exceeded its limits. But it’s also resilient. We can save our planet if we commit to it.” – Yvon Chouinard, founder of Patagonia
In 2022, Patagonia founder Yvon Chouinard took a bold step to make the Earth, in essence, the company’s only shareholder. Chouinard explained that he doesn’t respect the stock market and believes that companies become irresponsible after going public.
Housing in the United States (and in many other nations) is plagued by many problems and shortcomings. Among the most critical are increasingly unaffordable prices and bewildering geographic cost variations. Connected to these are additional problems associated with forced sprawl, the needless destruction of vital ecosystems, and labor market rigidity.
The residential cost problem is paramount and can no longer be dismissed as a predicament limited to isolated markets.
When I say “gold mining,” what comes to mind? Perhaps you think of the 19th-century gold rush, with prospectors in suspenders swinging pickaxes and panning for gold in rivers. Maybe you envision industrialized mining, with terraced pits and heavy machinery. A visit to the Peruvian Amazon, where gold mining has surged in recent decades, transformed my perception of gold mining and miners.
I have the privilege of advising a team of Notre Dame master’s students—diverse in origins and expertise—as they work alongside a Peruvian NGO,
In a world where GDP exceeds our planet’s biocapacity, we badly need new economic policy. In particular, we need to halt the process of unsustainable growth and move toward a steady state economy. The critical question is how to do this while ensuring sufficient economic opportunities, employment, and income for all.
Technological changes are insufficient, despite holding some promise. Neither the agricultural “Green Revolution” nor energy use efficiencies have markedly changed the ongoing overshoot.
Let’s forget about the Department of Government Efficiency (DOGE) and its questionably qualified quant for a moment. Regardless of their recklessness, getting to a sustainable budget is long overdue. Deficit spending adds to the public debt, a threat to the solvency of the United States. That’s why steady staters have long advocated for balanced budgets.
Furthermore, more spending requires a heavier ecological footprint.
The new TV series, Landman, offers a window into the rugged world of the oil industry in West Texas. Billy Bob Thornton plays Tommy Norris, a “fixer” for an oil company, who roams the high-stakes territory of “The Patch,” a.k.a. the Permian Basin. Norris navigates shady deals and dangerous gambles, most of them highly cinematic (if occasionally thinly written). Packed with tension and drama,
Rolling hills and wide-open plains typify eastern Oklahoma. Gulf Coast and Canadian air masses converge over these plains, creating a near-constant pressure gradient called the low-level jet (LLJ). The result is perpetual air currents in the central U.S. “wind corridor,” which make the region ideal for wind energy projects.
The United States’ top five wind-energy producers—Texas, Iowa, Oklahoma, Kansas, and Illinois—form a southwest to northeast diagonal through the center of the country.
At the bottom of McGill University’s coat of arms, beneath the red shield, a scroll reads Grandescunt Aucta Labore— “By work, all things increase and grow.” Historically, mottos of higher education institutions (HEIs) symbolize the cultivation of virtues and moral excellence, often rooted in religion. Over time, however, this idea of growth in personal and moral development became tainted by the paradigm of economic growth.
Today,