Building a world of
resilient communities.

MAIN LIST

 

Supply Shock


When the profession of economics began to think that land and capital were equivalent and interchangeable, the roots of real estate speculation and environmental crisis were established. Because the origins of neoclassical economics became deeply influenced by the interests of early 20th century land barons, a new economic paradigm will have to challenge the assumptions of powerful landowners.  Will a world in search of economic growth embrace a steady state that properly analyzes the role of land in economic life? Can the rampant real estate speculation across the planet be tamed with an overhaul of our tax system?

In Extraenvironmentalist #71 we discuss implications of the steady-state economy withBrian Czech along with his new book Supply Shock: Economic Growth at the Crossroads and the Steady State Solution. Brian explains how the economics profession was corrupted in the early 20th century by the interests of land barons and how this distorts analysis of ecological issues. Then, Karl Fitzgerald of the Renegade Economists joins us to talk about Henry George, land bubbles and real estate speculation. We ask Karl about rental backed securities and the outrageous housing prices of Australia. At the end of the show, we recap 2013 with a short clip collage and thank our listeners for an incredible year.

What do you think? Leave a comment below.

Sign up for regular Resilience bulletins direct to your email.

Take action!  

Find out more about Community Resilience. See our COMMUNITIES page
Start your own projects. See our RESOURCES page.
Help build resilience. DONATE NOW.

 

This is a community site and the discussion is moderated. The rules in brief: no personal abuse and no climate denial. Complete Guidelines.


Walrmart or Smallmart?

When we build things incrementally with an eye to future improvements, what …

Explaining the Anthropocene

“We don’t know how long we have before climate change goes from …

Commoning as a Transformative Social Paradigm

In facing up to the many profound crises of our time, we face a conundrum …

New Book Gives Rare Insider View of Sharing City Seoul

A new ebook from Creative Commons Korea (CC Korea) provides an …

Why the Economy Should Stop Growing—And Just Grow Up

It is time to reframe the debate to recognize that we have pushed growth in …

7 things a Local Entrepreneur Forum can unlock

 What can a Local Entrepeneur Forum do for a local Transition group and …

Why Give Breaks to Huge Corporations When We Could Invest Public Money Down the Street?

So you’d think that politicians would go far to support small and …