economics Archives – Page 4 of 7 – Center for the Advancement of the Steady State Economy

Book Review: The Green New Deal and Beyond: Ending the Climate Emergency While We Still Can by Stan Cox

May 15, 2020/1 Comment/in Consumption, Economic Growth, Economic Policy, Energy, Environment, Politics, Steady State Economy, Steady State Herald, Sustainability /by Brian Czech

By Gerry Greaves

Achieving sustainable societies globally is likely to be a defining challenge of the 21st century. There is a growing realization that we must act to mitigate the climate crisis. There is also a growing understanding that social and economic injustice must be solved simultaneously. There are many ideas of how to achieve this, but none seems to have caught widespread attention as much as the Green New Deal. This resolution of the U.S.

New Zealand Deprioritizes Growth to Improve Health and Wellbeing

May 12, 2020/2 Comments/in Consumption, Environment, Monetary Policy, Steady State Economy, Steady State Herald /by Brian Czech

By James Magnus-Johnston

Last May, New Zealand Prime Minister Jacinda Ardern released a budget to improve the “wellbeing” of citizens rather than focusing on productivity and GDP growth. And, not so coincidentally, New Zealand has one of the best coronavirus outcomes of any democracy in the world. Perhaps this provides a global model to make economic health cohere with health for all life.

To improve wellbeing, Ardern emphasized goals that focus on care for people and the planet.

Happiness and the COVID-Caused Recession

April 21, 2020/2 Comments/in Animal Welfare, Economic Growth, Economic Policy, Environment, Jobs and Employment, Steady State Economy, Steady State Herald /by Brian Czech

by Beth Allgood

Modified from the original published in Our Daily Planet (ourdailyplanet.com) on March 21, 2020.

In 2013, the United Nations designated March 20th as the International Day of Happiness to recognize the importance of happiness and wellbeing in the lives of people around the world. Last year I attended the launch of the annual UN World Happiness Report in New York. This year the UN is closed to the public,

Building a Steady State Economy in a System Evolved for Growth

April 15, 2020/7 Comments/in Animal Welfare, Biodiversity, Economic Growth, Economic Policy, Environment, Population, Steady State Economy, Steady State Herald, Sustainability /by Brian Czech

by Brian Snyder

If you’ve been on the internet recently you’ve been exposed to Tiger King, the wildly popular Netflix series that revolves around the conflict among a bizarre set of humans feuding over the proper way to hold big cats in captivity. Watching the show is a bit like watching a train derail in slow motion, but for our purposes what is important is that it illustrates the discrepancy between the way the world is and the way the world ought to be.

The Triangular Economy: Behind the Circular Flows

April 7, 2020/6 Comments/in Biodiversity, Brian Czech, Consumption, Economic Growth, Economic Policy, Energy, Environment, Monetary Policy, Steady State Economy, Steady State Herald, Sustainability /by Brian Czech

By Brian Czech

The “circular economy” is a response to the environmental problems and resource shortages that arise as the human economy expands. The focus of the circular economy literature is on efficiency which, in terms of economic production, means more output per unit of input. All else equal, increasing efficiency means higher profits, too. That’s real motivation for the corporation.

Efficiency connects to the human propensity to innovate, too. From childhood on,

The Silver Lining of the COVID-Caused Recession is Supra-Economic

March 24, 2020/21 Comments/in Biodiversity, Brian Czech, Climate Change, Economic Growth, Environment, Steady State Economy, Steady State Herald /by Brian Czech

by Brian Czech

COVID-19 has done in a deadly way what steady-state economists would prescribe in a healthy way: putting the brakes on a runaway economy. In fact, the pandemic has slammed on the brakes and jammed the GDP gearstick into reverse. It has ushered us into a recession that will be pronounced and protracted. In a COVID-caused recession, it’s nature at bat, not the Fed.

In these dark times, any source of comfort is welcome.

Degrowth Toward a Steady State Economy: Unifying Non-Growth Movements for Political Impact

February 5, 2020/15 Comments/in Brian Czech, Degrowth, Economic Growth, Economic Policy, Environment, Steady State Economy, Steady State Herald, Sustainability /by Brian Czech

by Brian Czech and Riccardo Mastini

No later than the 1960s, scholars wrote in rigorous terms of the limits to economic growth. Europeans such as E.F. Schumacher, Americans including Herman Daly, and European-born Americans (most notably Nicholas Georgescu-Roegen and Kenneth Boulding) set the stage for later studies in ecological economics and sustainability science. Their scholarship, supplemented by the population focus of Paul Ehrlich and the modeling approach of Donella Meadows and coauthors (for the Club of Rome),

KYIV COMMUNIQUÉ

November 6, 2019/7 Comments/in Brian Czech, Economic Growth, Environment, Steady State Economy, Steady State Herald, Sustainability /by Brian Czech

On the Environmental Impact and Economic Sustainability of Nord Stream 2 and Other Sub-Marine Natural Gas Pipelines

Kyiv, November 6, 2019

Summary

Representatives of the Ukraine National Academy of Sciences, National Technical University of Ukraine, Ukrainian National Forestry University, Naftogaz Board for Science and Technologies, Institute of Market Problems and Ecological Economics Research, Ukrainian Institute for the Future, and scholars from France,

[Book Review] Empty Planet: The Shock of Global Population Decline

September 19, 2019/4 Comments/in Economic Growth, Economic Policy, Environment, Population, Steady State Economy, Steady State Herald, Sustainability /by Brian Czech

by Max Kummerow

In Empty Planet: The Shock of Global Population Decline (Crown Publishing Group, New York, 2019) Darrell Bricker and John Ibbitson argue that population decline will bring many social and economic changes—some good, some bad. They assert that “In three decades, give or take…global population starts to decline.”

Note that their title is a bit misleading. World population will probably rise to over 10 billion before the slow decline would begin.

The One Percent: Not Kristallnacht but Lebensraum

May 22, 2019/0 Comments/in Brian Czech, Consumption, Economic Policy, Food and Agriculture, Money and Investments, Sustainability, The Daly News /by Brian Czech

The talking points of conspicuous consumers can be just as obnoxious as their purchasing habits.

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by Beth Allgood

by Brian Snyder

by Brian Czech

by Brian Czech and Riccardo Mastini