Posts


Building Upon the Trophic Theory of Money: Preliminary Results from Canada

By James Magnus-Johnston

The human economy doesn’t just mimic the economy of nature; it is part of it. It is woven directly into the ecological system of producers and consumers. Due to the technological prowess of Homo sapiens, though, the human presence dominates, threatening other species and the life support system of the planet. Human dominance over non-human life leads us to acknowledge some uncomfortable truths, particularly for proponents of “green growth.”

The first pertains to the loss of biodiversity.


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

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.


Preempting a Misleading Argument: Why Environmental Problems Will Stop Tracking with GDP

Brian explains how GDP growth will eventually stop tracking with environmental damage–but the reasons may not be what you’d expect!


Paul Krugman on Limits to Growth: Beware the Bathwater

Brian Czech responds to Paul Krugman’s shockingly weak column, which argues against the limits to growth with the example of slow steaming.


Sliding Down the Slippery Slope: A Truth Too Big for Obama

President Obama has put win-win rhetoric ahead of the truth and become the Cheerleader in Chief for economic growth.