Posts


What Is the Limiting Factor?

It is not for nothing that our system is called “capitalism” rather than “natural resource-ism.”


Toward a New Bretton Woods and a Sustainable Civilization

Eric Zencey reports encouraging news from the United Nations, but he knows a sustainable economic system won’t arise without concerted effort.


The Fallacy of the Tragedy of the Commons

Garrett Hardin seems to have made the some incorrect assumptions about human behavior — assumptions familiar to students of economics.


Not Production, Not Consumption, but Transformation

You can always count on Herman Daly to ask the critical questions: “How did this nonsense come into economics?”


Opportunity Cost of Growth

Herman Daly swims upstream like a salmon, fighting the flow of fallacious philosophy from growth economists — you won’t want to miss his final refrain on this one.


Modernizing Henry George

Herman Daly elaborates on the economics of Henry George — reckoning with resources, redistributing rents, and a supplying a sane strategy for serving people and planet.