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Putin the Heinous Strikes at Global Wellbeing

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by Brian Czech

When the name “Putin” is uttered—from now until the end of human utterance—the first thing that should come to mind is hundreds of thousands (and counting) of dead and wounded. Putin has turned a verdant, peace-seeking country into a hell-scape of suffering, including starvation. Let’s not overlook the Ukrainian casualties, now or ever.

Now, Putin is taking an even deeper stride into the annals of infamy by orchestrating one of the most despicable episodes of wanton waste in history: his attack on Ukrainian grain stocks and infrastructure.

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Using GDP to Estimate the Limits to Growth

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by Brian Czech

The merits and proper uses of GDP—gross domestic product—have been debated with increasing frequency and intensity in recent years. Neoclassical economists continue to view a growing GDP as the sign of economic success and even social health. Conversely, ecologists who have studied the issue view a growing GDP as an alarming indicator of unsustainability at this point in history.

Meanwhile, a growing number of individuals and organizations in the post-growth community have proposed to eliminate GDP altogether,

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Lesson from a Failed Bank: Only One Real Start-Up

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by Brian Czech

Banks are macroeconomic mirrors. They reflect the activity of the real economy. If the economy is growing, so are the banks, starting with the Federal Reserve and its regional banks, all the way out to tiny First Michigan Bank, Oakwood Bank (the smallest bank in bank-laden Texas), and the patriotically named Citizens Bank of Americus (Georgia).

Not only do the banks,

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COP15: The Good, the Bad, and the Smugly

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by Brian Czech

On a scale of one to ten, COP15—the UN Biodiversity Conference in Montreal last month—was a solid five. That may not sound like a ringing endorsement, but it represents significant progress from prior COPs, which dabbled along in the one or two range for the better part of three decades. The progress was evident from the start, when UN Secretary General António Guterres kicked off the conference by noting,

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A Primer on Economic Growth and Biodiversity Conservation for COP15

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by Brian Czech

With COP15 coming up, it’s time to don the old conservation biologist hat and proffer a primer on the relationship between economic growth and biodiversity conservation. The last thing we want is a COP15 devoid of discussion about the fundamental conflict between growing the economy and conserving biodiversity. In fact, the 800-pound gorilla—GDP growth—ought to be front and center.

For the uninitiated, COP15 is the UN Biodiversity Conference,

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In Commemoration: A Sampling of Herman Daly

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by Herman Daly (posthumously) — Introduction by Brian Czech

Given the recent, tragic passing of Herman Daly, we allocate this week’s Steady State Herald to the wise words of Daly himself. From 2010-2018, Herman was a regular contributor to The Daly News, CASSE’s blog before the Herald was launched. (Herman’s modesty almost prevented us from naming the blog after him, but he was outnumbered by CASSE staff and board,

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Three Senate Races for Steady Staters to Monitor

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by Brian Czech

Election Day is almost upon us. Along with the 435 House seats are thirty-five seats for grabs in the Senate. Our focus here is on the Senate races, given their high-profile candidates, substantial policy stakes, and excellent examples of growthmanship gone amuck (literally, in some agricultural cases).

Candidates fall along a spectrum—theoretically at least—from a degrowth to a pro-growth stance. It’s a “theoretical” spectrum because, at this point in the history of the USA,

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Hurricane Ian: A Profoundly Polluting Event

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by Brian Czech

If you’re a steady stater, I know what you’re thinking about Hurricane Ian. For starters, of course, you’re deeply concerned about any family or friends you may have in Florida, along with folks in general along Ian’s path. But you’re also wondering, “What about the pollution?”

The marine pollution that accompanies coastal flooding, most notably from violent hurricanes, is probably ignored by the majority of folks,

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A Steady-State Approach to Immigration

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by Brian Czech

Steady staters live with the reality that economic growth is unsustainable. It can continue for only so long before Nature will no longer support it. Therefore, we call for stabilization—the steady state economy—rather than growth. In particular, population and per capita consumption must be stabilized. Of the two, population is the most fundamental aspect of stabilizing the economy and its ecological footprint.

The population of a country is determined by births,

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The GPI Act: Genuine Indication of Progress?

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by James Lamont

On July 30 the Genuine Progress Indicator (GPI) Act was introduced in Congress by U.S. House Representative Ilhan Omar (D-MN). The GPI would indicate the net benefit of economic activity, as an alternative to Gross Domestic Product (GDP). It would be used in the economic and budgetary reporting of federal agencies and government offices.

For me, the timing was remarkable, as July 30 was the very day I signed on with CASSE.

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