What does genuine economic progress look like?
Articles: steady-state economy (30)
Perhaps post-growth thinkers need to embrace a both/and strategy—both policy reform and grassroots change—rather than privileging one over the other or wasting energy on the wrong audience.
So, what is the link between this latest water pollution debacle, economic growth, and a true-cost economy?
The Overlooked Anniversary: Forty Years Ago Congress and the President Called for a Steady State Economy
You read that right. Pursuant to an act of the 93rd Congress, President Richard M. Nixon signed into law the establishment of a steady state economy. That law was called the “Endangered Species Act.”
One should be grateful to one’s critics–it is much better to be criticized than ignored.
Paul Krugman often writes sensibly and cogently about economic policy. But like many economists, he can become incoherent on the subject of growth.
The situation in Ukraine is undoubtedly complex, but it may be as much about a scramble for growth and fossil fuel as it is about ethno-cultural identity.
Even though the Clean Water Act is more than 40 years old, its goals have not been met, and America is still beset with chronic water ailments and acute pollution incidents.
In a snarky moment, the late economist Kenneth Boulding said, “Anyone who believes exponential growth can go on forever in a finite world is either a madman or an economist.”
The planet’s ability to provide useful materials and absorb wastes (its biocapacity) is deemed essential to sustain human life. Yet consumption of those useful materials (our ecological footprint) per person is rising at an alarming and unsustainable rate.