The thermodynamic economy

It’s hardly news that economists these days spend more of their time explaining away their mistakes than providing useful guidance to policy makers and the public. Behind the failure of contemporary economics lies a poorly understood reality: the mismatch between today’s economic ideas and the laws governing the natural systems that support the human economy.

Transition communities gear up for society’s collapse with a shovel and a smile

Localized efforts have sprouted from the ground up in Santa Cruz, Cotati, Sebastopol, San Francisco and many other towns worldwide, where residents and neighbors are putting their heads together and collaborating on ways to relocalize themselves, bolster self-sufficiency and build the resilience that communities will need to absorb the shock of peak oil.

Growing a better world

Growth can take as many constructive paths as destructive ones. A shorter work week, less private and more public consumption in health, education, pensions and infrastructure, more economic equality can be part of growth and no-growth paths alike. Stopping growth will require at least as radical a change as channeling it in the right direction. Channeling it may well be the more constructive choice.