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Articles: economic growth (67)

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Three Limits to Growth

As production (real GDP) grows, its marginal utility declines, because we satisfy our most important needs first.

Energy and the Economy - Twelve Basic Principles

There is a standard view of energy and the economy that can briefly be summarized as follows: Economic growth can continue forever; we will learn to use less energy supplies; energy prices will rise; and the world will adapt.

Stop Growing or Meet the Four Horsemen?

Americans are now receiving unsubtle messages from the universe that perhaps we have reached our limits, and it is time to stop trying to grow the economy.

Bubble time: Friends and relatives act as if we've returned to business-as-usual

It is a testament to the psychological power of financial bubbles that people who know and trust me and generally accept the analysis I've put forth in my writings over the last decade are jumping into the stock market again with a pledge that they are in for the long term--no matter what.

Peak Oil Revisited…

There is no way out of the Catch 22 within the growth economy model.

Krugman's Growthism

Paul Krugman often writes sensibly and cogently about economic policy. But like many economists, he can become incoherent on the subject of growth.

Well-being is more than a side-show to neoliberal economics

The well-being evidence presents a fundamental challenge to the neoclassical concept of welfare – one which brings the rest of the edifice tumbling down with it.

Who's looking beyond growth?

Is there a way off the economic escalator?

Apres Moi le Deluge

 “The American way of life,” George H.W. Bush infamously declared in 1992, “is not-negotiable.”  This presents a problem if the American way of life is also unsustainable. 

Keep your stuff alive

Every object has a dark side – and that’s especially true in fashion.

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