“There’s just too many of us and no one is talking about it.” —Biologist Patrick Benson in Meera Subramanian’s, A River Runs Again: India’s Natural World in Crisis By Max Kummerow It is hard to imagine a growing population supporting a steady state economy. “Jobs” and higher incomes for growing numbers of people anchor […]
By Jessica LaMay
Before long, the cherry blossoms in Washington D.C. will be in full bloom, and outdoor adventures will commence, as spring begins to slowly unfold in the nation’s capital. While it’s not quite springtime yet, we are happy to welcome our spring semester interns to the CASSE team! With the help of our interns, CASSE is focusing on projects related to economic policy, financial research, and economic modeling. While the students gain work experience in their respective fields, CASSE gains the input and skills offered by these talented students.
By James Magnus-Johnston A new voice has emerged recently in Canada called the “Ecofiscal Commission,” which could have the funding, clout, and determination to steer the country in a more promising direction. The group includes high-profile economists, former political leaders, and high-powered financiers. They define “ecofiscal policy” as something that “corrects market price signals to […]
By Brent Blackwelder The Encyclical Letter of Pope Francis is attracting extraordinary attention for its message on global warming, deforestation, loss of biological diversity, and other pressing environmental issues. What is less well known is the extensive critique of the global economy found in his 184-page Encyclical. This blog highlights some of the significant points […]
Thermodynamics in Economics: Revolutionary portent, future history by Eric Zencey Ecological Economics represents the extension into economics of the thermodynamic revolution of the nineteenth and twentieth centuries. In physics, that revolution dethroned Newton and brought relativity. In biology, it was midwife to the birth of ecology, the study of ecosystems as wholes in which energy networks—food […]
by Brent Blackwelder A renewable energy revolution is sweeping the planet. This revolution has profound implications because it signals that the global economy is moving to stop the growth of our human carbon footprint. The global economy has run for a century primarily on fossil fuels but is now undergoing a rapid transition to a global […]
Mainstream economists base their recommendations on the idea that the Earth is somehow infinite–a notion equally absurd as the idea that the Earth is flat.
The purchase of expensive luxury goods requires an agricultural and extractive surplus at the base of the economy–this is the “tropic theory of money.”
Want healthy ecosystems and healthy economies? You’d better think about conserving biocultural heritage.