Posts


The Poison Beer of GDP

By Herman Daly

Disaggregating reported GDP growth to reveal the differences in growth by income class, as per the Schumer-Heinrich Bill, is a good idea. After all, telling us, say, that average income grew by 4% is not nearly as informative as telling us that the richest ten percent received the entire growth increment while the bottom ten percent suffered a decline in income.


What About Innovating Beyond the Growth Trap? A Challenge to the Ecofiscal Commission’s Growth Fixation

By James Magnus-Johnston A new voice has emerged recently in Canada called the “Ecofiscal Commission,” which could have the funding, clout, and determination to steer the country in a more promising direction. The group includes high-profile economists, former political leaders, and high-powered financiers. They define “ecofiscal policy” as something that “corrects market price signals to […]


Good Health Requires Different Economics

by Dr. Trevor Hancock Editor’s note: A version of this post ran originally in the Times Colonist. For the past three years, I have been leading an important project for the Canadian Public Health Association (CPHA), which led to the release on May 25th of our Discussion Paper and a 100-page technical report on global change […]


The Future History of Political Economy – Part 2

Thermodynamics in Economics: Revolutionary portent, future history by Eric Zencey Ecological Economics represents the extension into economics of the thermodynamic revolution of the nineteenth and twentieth centuries. In physics, that revolution dethroned Newton and brought relativity. In biology, it was midwife to the birth of ecology, the study of ecosystems as wholes in which energy networks—food […]


The Future History of Political Economy – Part 1

Economics Ignores Thermodynamics by Eric Zencey Editor’s Note: An earlier version of this essay appeared as a comment in the Great Transition Network Forum, which will appear on the Great Transition Initiative website next week along with a new essay by Herman Daly, “Economics for a Full World.” Ecological Economics and its corollary, Steady State […]


Progress Toward a True-Cost Economy Now Comes From Developments in Renewable Energy

by Brent Blackwelder A renewable energy revolution is sweeping the planet. This revolution has profound implications because it signals that the global economy is moving to stop the growth of our human carbon footprint. The global economy has run for a century primarily on fossil fuels but is now undergoing a rapid transition to a global […]


Do We Have the Courage to Bring the 800-lb Gorilla out of the Corner?

Jimmy fox suggests three steps necessary to shrink our ecological footprint to fit within Earth’s biocapacity.


Maybe It’s Time to Offend a Few Folks

Alexandra Paul says it’s time to put aside politeness when it comes to opening a dialogue about overpopulation.


Confessions of a Closet Football Fan

No corner of American culture, including the corners of football fields, is immune to the untenable philosophy of perpetual growth.


Technological Progress for Dummies, Part II

Brian Czech explains the nuts and bolts of technological progress and why it won’t solve the dilemma of growth.