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Neocornucopianism and the Steady State: Part I

By Josh Farley

Perhaps the main reason people reject the need for a steady state economy is some form of cornucopianism, the belief that technological progress will overcome all ecological and physical limits, allowing endless economic growth into the indefinite future. Cornucopianism has several flavors, and I will describe three: mainstream economics, eco-modernism, and singularity theory.


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.