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

Normalizing Outbreaks in the Anthropocene: Growth Isn’t the Cure

March 10, 2020/4 Comments/in Corporate Reform, Economic Growth, Economic Policy, Environment, Food and Agriculture, Steady State Economy, Steady State Herald, Sustainability /by Brian Czech

By James Magnus-Johnston

Death rates. Infection rates. Handwashing. Handwringing.

May I re-frame the coronavirus conversation? Although the world is currently stunned by the rapid spread of this virus across the globe, we must understand that these kinds of outbreaks are simply going to happen more often in our climate-altered world, and they highlight the fragility of our growth-or-bust industrial system. But there is a silver lining: This moment requires industrial societies to emphasize wellbeing over GDP and to witness the vulnerability of global,

Where Does Inflation Hide?

February 20, 2018/5 Comments/in Banking, Inflation, Monetary Policy, Money and Investments, The Daly News /by Brian Czech

By Herman Daly

The talking heads in the media explain the recent fall in the stock market as follows: A fall in unemployment leads to a tight labor market and the prospect of wage increases; wage increase leads to threat of inflation; which leads the Fed to likely raise interest rates; which would lead to less borrowing, and to less investment in stocks, and consequently to an expected fall in stock prices.