Posts


The Guardian and Monbiot versus Forbes and Worstall

Daly explains how the conflation of growth and development, and a reliance on the Cobb-Douglass production function, can lead to the spurious conclusion that natural resources are unimportant factors of production.


Limits to Growth – of Stuff, Value, and GDP

Limits to growth apply to more than just “stuff,” but you have to think clearly about “value” to get it.