Thankful to be Back in the Steady-State Saddle

by Brian Czech

One thing about American holidays – there’s no mincing of words. Thanksgiving Day is as self-explanatory as it gets. And from where I write, it happens to be easy, giving thanks this time around. For starters, it’s a crisp fall day in Virginia!

But I’ve a bonus to be thankful for. Twenty days and three hours ago, I turned in my retirement papers at U.S. Fish and Wildlife Service headquarters and immediately went to work as CASSE’s executive director.


No Mere Resolution: The Vermont Legislature and the Steady State Economy

by Brian Czech

Here’s a day to remember: May 6, 2016. That’s the day when, late in the afternoon, the Legislature of the State of Vermont passed H.C.R. 412, “House Concurrent Resolution Honoring the Center for the Advancement of the Steady State Economy for Its Important Work.” In a nation where acts of steady statesmanship – political support for a steady state economy – have only just begun, the Vermont Legislature has offered a perfect and prescient precedent.


Guess What Trudeau Said About Growth?

By James Magnus-Johnston

In an appeal to Mr. Trudeau’s philosophical musings, I’ve written a letter to him listing five ways Canada can foster a better, more sustainable economy.

 

 

“There are a lot of people out there, environmental thinkers like Herman Daly and others, who talk about the fact that maybe endless growth within a finite system is not either possible or even desirable.


Time to Stop Worshipping Economic Growth

by Brent Blackwelder

There are physical limits to growth on a finite planet. In 1972, the Club of Rome issued their groundbreaking report—Limits to Growth (twelve million copies in thirty-seven languages). The authors predicted that by about 2030, our planet would feel a serious squeeze on natural resources, and they were right on target.

In 2009, the Stockholm Resilience Center introduced the concept of planetary boundaries to help the public envision the nature of the challenges posed by limits to growth and physical/biological boundaries.


Appropriate Scarcity

by Robert A. Herendeen

  … appealing to people to restrain themselves [by] self-enforced abstinence alone is a waste of time. By and large, we consume as much as our incomes allow…. changes… cannot take place without constraints that apply to everyone rather than everyone else. Manmade global warming cannot be restrained unless we persuade the government to force us to change the way we live.

—George Monbiot, Heat (2006/2009)

The results indicate that the likelihood of paying a positive amount for supporting renewable energy is higher under a mandatory scheme compared to a voluntary payment option in the UK.


Setting Things Straight for the Steady State

by Brian Czech

Extremely dangerous political rhetoric has proliferated over the past several decades, seducing the masses onto a path that leads to the destruction of nature and civilization. This rhetoric is centered on the claim that “there is no conflict between growing the economy and protecting the environment!” Politicians are all about economic growth but, at the same time, none of them want to be seen as willful destroyers of the environment.


What is Wrong with a Zero Interest Rate?

by 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.


What Kind of Future Does Your Degree Prepare You For?

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, and far too many schools are preparing students for a fictional business-as-usual future.

Do your universities and instructors acknowledge that the global temperature will likely rise by at least two degrees this century?


Where is Pope Francis on Economic Growth?

by David Kane

Those who believe that there is a fundamental conflict between economic growth and environmental protection will find Pope Francis’ recent encyclical, Laudato Si (Praised Be), a welcome addition to the literature; as well as an important tool in helping others, especially Catholics, to understand and accept the limitations of economic growth. Pope Francis explains how the environmental and social crises we are experiencing will require “profound changes in lifestyles,


A Sustainable True-Cost Economy Promises an Escape from Massive Water Pollution

by Brent Blackwelder

A year ago, I wrote about how a true-cost steady state economy would deal with water pollution. Last August, the alarming green slime at the west end of Lake Erie was so bad that it shut down Toledo’s water supply for half a million people. Who would pay the tremendous damages caused by the green slime? Certainly not the industrial agricultural interests who were responsible for about two-thirds of the problem!