Bernie Sanders Archives – Center for the Advancement of the Steady State Economy

The Silver Lining of the COVID-Caused Recession is Supra-Economic

March 24, 2020/21 Comments/in Biodiversity, Brian Czech, Climate Change, Economic Growth, Environment, Steady State Economy, Steady State Herald /by Brian Czech

by Brian Czech

COVID-19 has done in a deadly way what steady-state economists would prescribe in a healthy way: putting the brakes on a runaway economy. In fact, the pandemic has slammed on the brakes and jammed the GDP gearstick into reverse. It has ushered us into a recession that will be pronounced and protracted. In a COVID-caused recession, it’s nature at bat, not the Fed.

In these dark times, any source of comfort is welcome.

Beating Teflon Trump Entails a New Perspective on GDP

March 4, 2020/8 Comments/in Brian Czech, Climate Change, Economic Growth, Economic Policy, Environment, Governance, Politics, Steady State Economy, Steady State Herald, Sustainability /by Brian Czech

By Brian Czech

In the earlier months of Donald Trump’s presidency, Democrats were stunned by his popularity despite his racist rhetoric, acerbic arrogance, and international insults. Trump himself had meanly boasted that he could “shoot somebody on 5th Avenue” and not lose any votes. He knew the American political system—Dems included—worshiped at the altar of GDP growth. Trump, as the quintessential growthist, had skyrocketed to the throne of Untouchable High Priest, albeit in a sharply divided church of red and blue growthists.

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by Brian Czech