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The Future History of Political Economy – Part 2

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 webs—are a defining structure. In chemistry the laws of thermodynamics brought clarity and rigor to a science that struggled to bring theoretical unity to diverse phenomena.


The Future History of Political Economy – Part 1

by Eric Zencey

Ecological Economics and its corollary, steady-state economic thinking, represent a step forward for the discipline of economics and also a return to how it was practiced in the past. In the nineteenth century, economics was a part of a larger enterprise: political economy, the integrated treatment of morals and economics, ultimate ends and efficient means. Late in that century economics calved off from political economy, leaving behind political science and political philosophy as the residuum.


Progress Toward a True-Cost Economy Comes from 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 economy based significantly on rooftop solar, wind, and efficiency. This is a tangible movement toward a steady state economy because with wind and solar,


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.


The Negative Natural Interest Rate and Uneconomic Growth

The next nonsensical strategy for maintaining the dream of endless GDP expansion? Negative interest rates!


Growth and Laissez-faire

Laissez-faire takes on a new meaning — it is the ecosystem, not the economy that must be “left alone” to manage itself and evolve by its own rules.


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.


The Infinite-Planet Approach Won’t Solve the European Debt Crisis

To fix the European debt crisis and prevent the next series of financial crises, we’d better learn the lessons of our finite planet.