The Negative Natural Interest Rate and Uneconomic Growth
The next nonsensical strategy for maintaining the dream of endless GDP expansion? Negative interest rates!
Posts
Growth and Laissez-faire
/5 Comments/in Economic Growth, Economic Policy, Energy, Environment, Steady State Economy, Sustainability, The Daly News /by Brian CzechLaissez-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.
Nationalize Money, Not Banks
/10 Comments/in Consumption, Economic Growth, Economic Policy, Money and Investments, Steady State Economy, The Daly News /by Brian CzechBanks should not be allowed to live the alchemist’s dream by creating money out of nothing and lending it at interest.
The Populations Problem
/20 Comments/in Economic Growth, Environment, Food and Agriculture, Population, The Daly News /by Brian CzechHerman Daly offers an original take on the tired debate of “too many people vs. too much consumption” — a spot-on reframing of a critical issue.
Three More Growth Fallacies
/8 Comments/in Consumption, Economic Growth, Environment, Steady State Economy, Sustainability, The Daly News /by Brian CzechEconomists are good at making specious arguments in favor of infinite growth. Herman Daly is good at debunking them.
Eight Fallacies about Growth
/5 Comments/in Economic Growth, Economic Policy, Environment, Jobs and Employment, The Daly News /by Brian CzechHerman Daly’s synthesis will leave you questioning the most ingrained economic assumptions of our times.
Real Dichotomies Are Not Made “False” by Soft Science or Political Pandering
/6 Comments/in Economic Growth, Environment, Steady State Economy, Sustainability, The Daly News /by Brian CzechEcologists need to stop drinking the green Koolaid and tell it like it is regarding the conflict between economic growth and ecological health.
Uneconomic Growth Deepens Depression
/8 Comments/in Climate Change, Consumption, Economic Growth, Economic Policy, Environment, Governance, Steady State Economy, Sustainability, Technology, The Daly News /by Brian CzechHerman Daly makes the case against using obsolete growth policies to dig out of the recession, and he issues a challenge to technological optimists.
Rio+20 Needs to Address the Downsides of Growth
/3 Comments/in Economic Growth, Economic Policy, Environment, Governance, Politics, Steady State Economy, Sustainability, The Daly News /by Brian CzechHerman Daly succinctly sums up the steady-state perspective in his suggestion for the UN Conference on Sustainable Development.
The Infinite-Planet Approach Won’t Solve the European Debt Crisis
/5 Comments/in Economic Growth, Economic Policy, Money and Investments, Steady State Economy, The Daly News /by Brian CzechTo fix the European debt crisis and prevent the next series of financial crises, we’d better learn the lessons of our finite planet.