Herman Daly, the champion of steady-state economics, passed away in the presence of beloved family members on October 28, 2022. In the process, a world in dire need of Herman’s wisdom became a lesser place. Yet we can be grateful for the 84 years he graced the earth and for the legacy he’s left us.
An excellent festschrift edited by Joshua Farley, a sweeping biography by Peter Victor,
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,
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,
by Yiran Cheng
China, as the world’s second-largest economy and a rising superpower, is an integral part of the discussion if a steady state economy is ever to be achieved at a global scale. China’s environmental impact grows by the day, yet serious consideration about intentionally slowing economic growth has seldom occurred, let alone the possibility of a sustained 负增长, the Mandarin translation of “degrowth”.
This is not to say China is oblivious to its environmental toll.
In a 2021 landmark of ludicrousness, Jeff Bezos launched himself, cowboy hat and all, into space aboard a phallus-shaped rocket. But Bezos’ fruitless attempt to fill that gaping hole in his life was only the latest stupid reason to send something to space. Spaceship stupidity goes back to the SNAPSHOT program which, in 1965, sent a working nuclear reactor into space. Not surprisingly,
Labor Day, like other holidays of remembrance, is an opportunity to reflect on the past and critically consider the future. Our memory ought to include the foot soldiers of the labor movement, from the 10,000 coal miners who fought in the Battle of Blair Mountain to the steel workers who duked it out with the Pinkertons at Homestead mill. We owe our rights as workers to the bitter struggles of many who preceded us.
If you’ve been following the news, you’ve heard that the Intergovernmental Panel on Climate Change (IPCC) recently released the first section of its sixth report (hereafter, “the report”). The report focuses on the physical science of climate change, and projects the most likely ecological and economic impacts as well as possible mitigation pathways. If you’ve read it—and it is worth reading—you might find that the IPCC has managed once again to walk the line between terrifying and cautious.
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.
In my very first graduate statistics course, the professor often cautioned us about data collection: “Garbage in, Garbage out.” What she said, in no uncertain terms, was that mistakes in the measurement or methodology would invalidate our statistical analyses. I’ve consistently reminded myself of this mantra. My colleagues, students, and I double check the sources and methodology behind any data we’re testing. If we aren’t entirely confident in the integrity of the data,
I was born in the year 2000. Thus, for my entire life, human-caused climate change has been an ever-present, intensifying threat. Throughout my early education, I learned that we all just needed to “do our part” to combat climate change. “Do your part” lessons always culminated in the sentiment that you too could save the cute polar bears by following the motto “reduce, reuse, recycle,” and these were words I took to heart.