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The Green New Deal: What’s Really Green and What’s Really New

By Brian Czech

Ask Americans what the Green New Deal is all about, and you’ll get two basic answers. Most often you’ll hear, “It’s about moving to renewable energy in order to fight climate change.” You’ll also hear, from a camp further right, “It’s all about socialism!” Either way, the really green, really new feature is overlooked. What the Green New Deal is really about is the transition to a steady state economy. At least, that’s what it must be about, to be truly green and new. Let’s start with green. “Green” connotes environmental protection. Some may view it naively as a tree hugger’s agenda, but ultimately, it’s about economic sustainability. That’s because economic activity starts from deep in the environment; namely with the agricultural and extractive sectors.


“Driving” the Growth of Local Economies: Farming or Financing?

By Brian Czech

Among today’s headlines is the pedestrian-sounding “Colin Hanna: Economic growth, new jobs, strengthened pensions.” Author Hanna, surely a well-meaning soul, is pitching the merits of the private equity “industry.” The problem is, Hanna goes so far as to reference “the industry’s clear record of driving economic growth.”