To be economic, something has to be worth more than it costs. Economic activity, per se, is more beneficial than detrimental. Technically speaking, “marginal utility is greater than marginal disutility.”
If you liked a rug, but liked your grandkids more, it wouldn’t be smart to grab the rug out from under them. That’s basic microeconomics. Yet if we look around and reflect a bit,
The Encyclical Letter of Pope Francis is attracting extraordinary attention for its message on global warming, deforestation, loss of biological diversity, and other pressing environmental issues. What is less well known is the extensive critique of the global economy found in his 184-page Encyclical. This blog highlights some of the significant points that Pope Francis makes about the need for systemic economic change.
Although the Pope does not use the phrase “steady state economy”
For the past three years, I have been leading an important project for the Canadian Public Health Association (CPHA), which led to the release on May 25th of our Discussion Paper and a 100-page technical report on global change and public health.
In these documents, we identify what we call the “ecological determinants of health”: clean air and water, food, materials, fuel, the great cycles of water,
James Magnus-Johnston describes how businesses may operate in a steady state economy.
Brian Czech responds to Paul Krugman’s shockingly weak column, which argues against the limits to growth with the example of slow steaming.
Brian Czech discusses a theological basis for a steady state economy.
Daly challenges the assertion that a steady-state economy is inherently capitalistic and must be instead be based on a socialist system.
We are going to need more than a wealth tax to fix our economy.
GDP growth is creating more problems than it solves–which is exactly why we need to keep calculating and monitoring it.
In Our Common Future, the 1987 report of the United Nations World Commission on Environment and Development, sustainable development is described as a process of change which meets the needs of the present generation without compromising the ability of future generations to meet their own needs and aspirations. To achieve this objective, the report suggests a series of goals that should underlie national and international action on development.
