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.


Gross Domestic Problem: Don’t Shoot the Measurement

GDP growth is creating more problems than it solves–which is exactly why we need to keep calculating and monitoring it.


Uneconomic Growth Deepens Depression

Herman Daly makes the case against using obsolete growth policies to dig out of the recession, and he issues a challenge to technological optimists.


Technological Progress for Dummies, Part II

Brian Czech explains the nuts and bolts of technological progress and why it won’t solve the dilemma of growth.


Technological Progress for Dummies

Part 1 of Brian Czech’s explanation of why we can’t rely on technological progress to overcome the limits to economic growth.