economics Archives – Center for the Advancement of the Steady State Economy

Limits to Wealth = Limits to Growth

June 8, 2023/8 Comments/in Daniel Wortel-London, Economic Policy, Environment, Steady State Economy, Steady State Herald, Wealth /by Gary Gardner

by Daniel Wortel-London

Inequality threatens people and planet alike. Billions struggle to make ends meet while a tiny minority grows fabulously wealthy. At the same time, the conspicuous consumption of the wealthy and the waste they generate takes an enormous environmental toll. The intertwining of social and environmental damage suggests that standard fixes for inequality are inadequate.

Herman Daly thought that waste from the wealthy could not be ended through redistributive taxation alone.

Ending Planned Obsolescence: A Nonpartisan Movement for Steady Staters to Support

December 21, 2022/9 Comments/in Politics, Steady State Economy, Steady State Herald, Sustainability, Technology /by Brian Czech

by Rosalie Bull

“Planned obsolescence” has become a household term for 21st century Americans. No wonder, considering that most household appliances today have been designed in accordance with the practice. Now more than ever, things just aren’t made like they used to be. In fact, they’re made to fail—often within a fraction of their potential lifespans—in order to spur more consumption.

What have we here

Herman Daly (1938-2022): Up to the Steady State Economy

November 3, 2022/27 Comments/in Brian Czech, Herman Daly, Steady State Economy, Steady State Herald /by Brian Czech

by Brian Czech

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,

Three Senate Races for Steady Staters to Monitor

October 27, 2022/0 Comments/in Brian Czech, Economic Policy, Politics, Steady State Herald /by Brian Czech

by Brian Czech

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,

The GPI Act: Genuine Indication of Progress?

August 12, 2021/6 Comments/in Economic Growth, Economic Policy, Politics, Steady State Herald /by Brian Czech

by James Lamont

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.

Old White Men: Protecting the Rim for Steady-State Diversity

July 22, 2021/18 Comments/in Brian Czech, Economic Policy, Environment, Governance, Politics, Steady State Economy, Steady State Herald, Sustainability /by Brian Czech

by Brian Czech

I’m an old guy. Not ancient, perhaps, but my 61-year old knees alone would put me in the lower decile of…let’s say freshness. Why, my best days are so far back, you’d need a rearview mirror from the Giant Magellan Telescope to spot one!

As if that weren’t bad enough, I’m a white guy. I might feel black and blue sometimes from fighting the forces of GDP growth,

Wellbeing, Happiness, and GDP Growth: Rhetoric vs. Reality

July 15, 2021/5 Comments/in Climate Change, Economic Growth, Economic Policy, Environment, Governance, Politics, Population, Steady State Economy, Steady State Herald, Sustainability /by Brian Czech

by James MacGregor Palmer

Several movements are working in opposition to the destructive growth economy of the 21st century. The labels adopted by these movements are largely tied to the regions in which they originated and/or became popular. For example, the term “steady state” is most prevalent in the USA, while “degrowth” is often associated with continental Europe. The widespread term throughout the UK, however, is “wellbeing economy.”

Without prior knowledge of the UK term,

If It’s Profitable, Is It Really Sustainable?

May 20, 2021/3 Comments/in Banking, Corporate Reform, Economic Growth, Environment, Money and Investments, Steady State Economy, Steady State Herald, Sustainability /by Brian Czech

by Gunnar Rundgren

That an economic activity has to be profitable is considered a truism, something taken for granted and not reflected upon. But what if the opposite is the case?

When I first took up small-scale organic farming in the 1970s, I spent a lot of energy on developing new methods and machinery to increase my productive efficiency. The early organic advocates went a long way to assure growers, farmers,

Let’s Meet in the Ring: Steady Staters in the “Green Doughnut”

January 28, 2021/4 Comments/in Climate Change, Economic Growth, Economic Policy, Environment, Steady State Economy, Steady State Herald /by Brian Czech

By Kayla Downs

To most people, the idea of a steady state economy is misunderstood at best and completely unknown at worst. Outside of economic, environmental, and academic circles, steady staters are hard to come by. The idea of a steady state economy is not yet mainstream and is shied away from in the media, general politics, education, and culture. Economic growth has been sold to generations as the remedy to all our ailments.

Population Growth: The Ironic Vexer

January 21, 2021/51 Comments/in Brian Czech, Economic Growth, Economic Policy, Environment, Politics, Population, Steady State Economy, Steady State Herald /by Brian Czech

by Brian Czech

In a world of vexing issues—and our topic this week is certainly that—population growth might just be the most ironic. That’s because it should be among the simplest of issues; almost trifling in its mathematics. Yet opinions about it are beset with political, economic, and even some technical controversy.

For steady staters it seems perfectly clear: Population must be stabilized for the sake of societal well-being and even mere sustainability.

Posts

by Daniel Wortel-London

by Rosalie Bull

by Brian Czech

by Brian Czech

by James Lamont

by Brian Czech

by James MacGregor Palmer

by Gunnar Rundgren

By Kayla Downs

by Brian Czech