Posts


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.


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.


Do We Have the Courage to Bring the 800-lb Gorilla out of the Corner?

Jimmy fox suggests three steps necessary to shrink our ecological footprint to fit within Earth’s biocapacity.


Ending the Insanity of Ecocide

Ecocidal tendencies have no place in either our legal or our economic institutions. Here’s a direct way to help put an end to ecocide.


Growth and Laissez-faire

Laissez-faire takes on a new meaning — it is the ecosystem, not the economy that must be “left alone” to manage itself and evolve by its own rules.


Book Review: The Failure of Laissez Faire Capitalism and the Economic Dissolution of the West by Paul Craig Roberts

It’s rare to find a Wall Street Journal columnist (and a Ronald Reagan appointee) calling for a steady-state economy.


Three More Growth Fallacies

Economists are good at making specious arguments in favor of infinite growth. Herman Daly is good at debunking them.


Occupy the G-8

When the G-8 convened at Camp David, Brent Blackwelder was on hand to address the Occupy Movement.