Posts


“Be Very Alarmed!” Introducing the Global GDP Meter

By Brian Czech

Backed by an ominous sound clip and a rapidly churning GDP meter that comes out of nowhere, “Be alarmed… Be very alarmed!” are the opening phrases at CASSE’s new landing page. You’ll see what we mean shortly; please allow us an introduction to describe the approach. The landing page is actually a 30-second animation prefacing our “regular” website. It is designed to be three things: alarming, crystal clear, distinctive and memorable.


A Journey of No Return, Not a Circular Economy

By Herman Daly

The economic process is not a mechanical analog that can be run forward and backward, nor a circular process that can return to any previous state. Rather it is an irreversible and irrevocable process moving in the direction of time’s arrow of increasing entropy [1]. Finitude and entropy guarantee that the economic life of our species will be a journey of no return. Therefore even a stationary economy, in the classical sense of constant population and constant capital stock, is ultimately a journey of no return, because the metabolic throughput of matter and energy required to maintain constant stocks of people and physical capital, in the face of depreciation and death, is an entropic flow from ever less concentrated sources to ever filling sinks – and both sources and sinks are finite.


Welcome the CASSE Spring 2019 Interns

By Jessica LaMay

Before long, the cherry blossoms in Washington D.C. will be in full bloom, and outdoor adventures will commence, as spring begins to slowly unfold in the nation’s capital. While it’s not quite springtime yet, we are happy to welcome our spring semester interns to the CASSE team! With the help of our interns, CASSE is focusing on projects related to economic policy, financial research, and economic modeling. While the students gain work experience in their respective fields, CASSE gains the input and skills offered by these talented students.


NGOs Challenged to Back Up Their Rhetoric

The Center for the Advancement of the Steady State Economy (CASSE) has sent a letter to the presidents of the top ten environmental NGOs challenging them to a debate. The debate will center around one question: “Is there a conflict between economic growth and environmental protection?”