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.


Terrestrial and Solar Resources in a Steady State Economy

By Herman Daly

Let us consider a different slant on the current discussion about the necessity versus sufficiency of renewable energy for a steady state economy at the present physical scale.

Pursuant to the pioneering economics of Nicholas Georgescu-Roegen (G-R), we recognize two sources of the low-entropy flow that sustains our lives: the solar and the terrestrial. They differ in their pattern of scarcity. The solar energy source is practically infinite in its stock dimension,


Crossroads for Planet of the Humans

By William Rees

 

[Editor’s Note: The Steady State Herald first published a review of Planet of the Humans on May 1. The following review adds valuable information to the dialog.]

“It stands to reason…”

Who hasn’t heard this expression in everyday conversation? Humans tend to think of themselves as rational beings, and many people sincerely believe they are being reasonable all the time.

However,


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

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.


Planet of the Humans Puts Sacred Cows Out to Pasture

By Brian Czech

Planet of the Humans is a once-in-a-decade documentary for all concerned with the environment, the economy, and life on Earth. Directed by Jeff Gibbs and produced by Michael Moore, Planet is especially important for advancing the steady state economy. It is reminiscent of Pope Francis’ Laudato si’ in that it makes the case for a steady state economy—resoundingly—while never quite uttering the phrase “steady state economy.”

When viewing a documentary,


Happiness and the COVID-caused Recession

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

By Brian F. 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 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.


My CASSE Internship: A Unique Experience in Unsustainable Times

By Ben Valdez

I don’t think it’s ever easy to consider being an unpaid intern right out of college. It’s something you don’t usually think about while you’re in school, at least from my experience, and it’s certainly not something you’re trained to aim for as a prospective graduate.

Before I came to the Center for the Advancement of the Steady State Economy in September of 2019, I had spent the summer at home in the Los Angeles sun,


A Not-So-Nobel Prize for Growth Economists

By Brian Czech

How ironic for the Washington Post to opine “Earth may have no tomorrow” and, two pages later, offer up the mini-bios of William Nordhaus and Paul Romer, described as Nobel Prize winners.

Without more rigorous news coverage, few indeed will know that Nordhaus and Romer are epitomes of neoclassical economics, that 20th century occupation isolated from the realities of natural science. Nordhaus and Romer may deserve their prizes for economic modeling, but each gets an F in advanced sustainability.