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STEADY STATE
A steady state economy provides a hopeful way to achieve sustainability and equity in an increasingly constrained world. CASSE, the Center for the Advancement of the Steady State Economy is an organization that explores economic growth in earnest, including itsdownsides.
STEADY STATE ECONOMY DEFINITION IF IT'S PROFITABLE, IS IT REALLY SUSTAINABLE? Profit is not the same as making ends meet. It is quite apparent that you can’t run a business that is constantly losing money. Profit is also not about being able to maintain buildings and replace machinerythat is worn out.
TECHNOLOGY – CENTER FOR THE ADVANCEMENT OF THE STEADYSEE MORE ONSTEADYSTATE.ORG
ECOFEMINISM AND THE STEADY STATE ECONOMY It could be argued that the macroeconomic objective of ecofeminism is the steady state economy. Ecofeminism was conceptualized in the 1970s and used by activists to show how environmental damage is related to women’s exploitation in society. More recently, though, a new school of thought has branched out: “ cultural ecofeminism .”. BEST OF THE DALY NEWS Best of The Daly News Selected Essays from the Leading Blog in Steady State Economics, 2010-2018 Edited By Brian Czech From 2010–2018 The Daly News was the leading blog in steady-state economics. What the Wall Street Journal was to economic growth, The Daly News was to the steady state economy. TOP 10 POLICIES FOR A STEADY STATE ECONOMY by Herman Daly. Let’s get specific. Here are ten policies for ending uneconomic growth and moving to a steady state economy. A steady state economy is one that develops qualitatively (by improvement in science, technology, and ethics) without growing quantitatively in physical dimensions; it lives on a diet—a constant metabolic flow of resources from depletion to pollution (the entropic TOP 5 THREATS TO THE WORLD'S BEACHES (AND A SYSTEMIC by Brent Blackwelder. Professors Orrin Pilkey and Andrew Cooper are writing what promises to be an outstanding book. In The Last Beach (to be published this summer by Duke University Press), they describe the top five threats to beaches around the world. Even a quick overview of these threats suggests a strategy for confronting the degradation andloss of beaches.
ARE PEOPLE SMARTER THAN CHIPMUNKS? An individual organism (e.g., a chipmunk or a person) has an unconscious and almost magical ability to do this, to stop growing and become a grownup. Human economies don’t possess the same unconscious when-to-stop mechanism. The people who make up the economy must collectively decide to reach maturity consciously. BOOK REVIEW: FALTER BY BILL MCKIBBEN Herman Daly is an emeritus professor at the University of Maryland School of Public Affairs and a member of the CASSE executive board. He is co-founder and associate editor of the journal Ecological Economics, and he was a senior economist with the World Bank from 1988 to 1994.His interests in economic development, population, resources, and environment have resulted in moreSTEADY STATE
A steady state economy provides a hopeful way to achieve sustainability and equity in an increasingly constrained world. CASSE, the Center for the Advancement of the Steady State Economy is an organization that explores economic growth in earnest, including itsdownsides.
STEADY STATE ECONOMY DEFINITION IF IT'S PROFITABLE, IS IT REALLY SUSTAINABLE? Profit is not the same as making ends meet. It is quite apparent that you can’t run a business that is constantly losing money. Profit is also not about being able to maintain buildings and replace machinerythat is worn out.
TECHNOLOGY – CENTER FOR THE ADVANCEMENT OF THE STEADYSEE MORE ONSTEADYSTATE.ORG
ECOFEMINISM AND THE STEADY STATE ECONOMY It could be argued that the macroeconomic objective of ecofeminism is the steady state economy. Ecofeminism was conceptualized in the 1970s and used by activists to show how environmental damage is related to women’s exploitation in society. More recently, though, a new school of thought has branched out: “ cultural ecofeminism .”. BEST OF THE DALY NEWS Best of The Daly News Selected Essays from the Leading Blog in Steady State Economics, 2010-2018 Edited By Brian Czech From 2010–2018 The Daly News was the leading blog in steady-state economics. What the Wall Street Journal was to economic growth, The Daly News was to the steady state economy. TOP 10 POLICIES FOR A STEADY STATE ECONOMY by Herman Daly. Let’s get specific. Here are ten policies for ending uneconomic growth and moving to a steady state economy. A steady state economy is one that develops qualitatively (by improvement in science, technology, and ethics) without growing quantitatively in physical dimensions; it lives on a diet—a constant metabolic flow of resources from depletion to pollution (the entropic TOP 5 THREATS TO THE WORLD'S BEACHES (AND A SYSTEMIC by Brent Blackwelder. Professors Orrin Pilkey and Andrew Cooper are writing what promises to be an outstanding book. In The Last Beach (to be published this summer by Duke University Press), they describe the top five threats to beaches around the world. Even a quick overview of these threats suggests a strategy for confronting the degradation andloss of beaches.
ARE PEOPLE SMARTER THAN CHIPMUNKS? An individual organism (e.g., a chipmunk or a person) has an unconscious and almost magical ability to do this, to stop growing and become a grownup. Human economies don’t possess the same unconscious when-to-stop mechanism. The people who make up the economy must collectively decide to reach maturity consciously. BOOK REVIEW: FALTER BY BILL MCKIBBEN Herman Daly is an emeritus professor at the University of Maryland School of Public Affairs and a member of the CASSE executive board. He is co-founder and associate editor of the journal Ecological Economics, and he was a senior economist with the World Bank from 1988 to 1994.His interests in economic development, population, resources, and environment have resulted in more CONSERVATION AND ENVIRONMENT Environmental Quality in a Steady State Economy The most important characteristic of a steady state economy is sustainable scale, meaning that the economy fits within the carrying capacity of the ecosystems that contain it. An economy of sustainable scale, therefore, has more room for nature. Without a continuously growing economy to crowd out more and more nature, citizens can focus onMYTHS AND REALITY
Myths are interesting stories, and sometimes they even have a basis in fact. But when it comes to the economy, we can’t afford to make decisions based on “truthiness” and unexplored assumptions. Myths often contribute heavily to our perceptions of how the world works, so it’s necessary to debunk the myths swirling around economic growth and the steady state economy. Myth Economic DEGROWTH: A NORTH AMERICAN VISION Students and scholars of steady-state economics must have noticed, by now, that the Degrowth movement in Europe has attained far more traction than the steady-state movement has in the USA (or anywhere). Degrowth is the banner under which thousands have assembled at numerous conferences for almost two decades now, demonstrating adurable unity.
TOP 10 POLICIES FOR A STEADY STATE ECONOMY by Herman Daly. Let’s get specific. Here are ten policies for ending uneconomic growth and moving to a steady state economy. A steady state economy is one that develops qualitatively (by improvement in science, technology, and ethics) without growing quantitatively in physical dimensions; it lives on a diet—a constant metabolic flow of resources from depletion to pollution (the entropic ARE PEOPLE SMARTER THAN CHIPMUNKS? An individual organism (e.g., a chipmunk or a person) has an unconscious and almost magical ability to do this, to stop growing and become a grownup. Human economies don’t possess the same unconscious when-to-stop mechanism. The people who make up the economy must collectively decide to reach maturity consciously. “LIMITS TO GROWTH”: A GAME FOR ELEMENTARY SCHOOL AND Setup: Create a “planet” (circle on the grass) with the rope, about 20 ft. in diameter (for a twelve-student game). Give each student one hula hoop (this is their “house”), tell them to place it on the planet and stand in it. Name the planet with your students (any name they want). Tell the students the grass outside of theirhula hoops
A DOUGHNUT ECONOMY PLEASE—BUT HOLD THE AGNOSTIC FROSTING Hi Brian, excellent, thankyou for the clarity on GDP. I think regarding the Oxfam question, that it was “both and” not “either or.” Not economic growth but Green Growth, growth in green prosperous small self-reliant communities, fertile soil, happy people, and degrowth in capitalist economy, debt, inequity, war etc. Need a public money system for government to do this as banks have a OPPORTUNITY COST OF GROWTH By Herman Daly. Economics is about counting costs, and the cost to be counted is “opportunity cost,” arguably the most basic concept in economics. It is defined as the next best alternative to the one chosen, in other words, as the best of the sacrificed alternatives. You chose the best alternative, the opportunity cost is the secondbest
GDP AND INDICATORS OF ECONOMIC WELLBEING GDP and Indicators of Economic Wellbeing Sound Byte At this point in history, increasing economic activity does more harm than good, so weneed to adopt new
THE RELATIONSHIP OF ECONOMIC GROWTH TO WILDLIFE CONSERVATION Acknowledgments This technical review was prepared with a restrictive time line, so the full cooperation and active participation of the committee members were essential to completing the assignment.STEADY STATE
A steady state economy provides a hopeful way to achieve sustainability and equity in an increasingly constrained world. CASSE, the Center for the Advancement of the Steady State Economy is an organization that explores economic growth in earnest, including itsdownsides.
STEADY STATE ECONOMY DEFINITION IF IT'S PROFITABLE, IS IT REALLY SUSTAINABLE? Profit is not the same as making ends meet. It is quite apparent that you can’t run a business that is constantly losing money. Profit is also not about being able to maintain buildings and replace machinerythat is worn out.
TECHNOLOGY – CENTER FOR THE ADVANCEMENT OF THE STEADYSEE MORE ONSTEADYSTATE.ORG
ECOFEMINISM AND THE STEADY STATE ECONOMY It could be argued that the macroeconomic objective of ecofeminism is the steady state economy. Ecofeminism was conceptualized in the 1970s and used by activists to show how environmental damage is related to women’s exploitation in society. More recently, though, a new school of thought has branched out: “ cultural ecofeminism .”. BEST OF THE DALY NEWS Best of The Daly News Selected Essays from the Leading Blog in Steady State Economics, 2010-2018 Edited By Brian Czech From 2010–2018 The Daly News was the leading blog in steady-state economics. What the Wall Street Journal was to economic growth, The Daly News was to the steady state economy. TOP 10 POLICIES FOR A STEADY STATE ECONOMY by Herman Daly. Let’s get specific. Here are ten policies for ending uneconomic growth and moving to a steady state economy. A steady state economy is one that develops qualitatively (by improvement in science, technology, and ethics) without growing quantitatively in physical dimensions; it lives on a diet—a constant metabolic flow of resources from depletion to pollution (the entropic TOP 5 THREATS TO THE WORLD'S BEACHES (AND A SYSTEMIC by Brent Blackwelder. Professors Orrin Pilkey and Andrew Cooper are writing what promises to be an outstanding book. In The Last Beach (to be published this summer by Duke University Press), they describe the top five threats to beaches around the world. Even a quick overview of these threats suggests a strategy for confronting the degradation andloss of beaches.
ARE PEOPLE SMARTER THAN CHIPMUNKS? An individual organism (e.g., a chipmunk or a person) has an unconscious and almost magical ability to do this, to stop growing and become a grownup. Human economies don’t possess the same unconscious when-to-stop mechanism. The people who make up the economy must collectively decide to reach maturity consciously. BOOK REVIEW: FALTER BY BILL MCKIBBEN Herman Daly is an emeritus professor at the University of Maryland School of Public Affairs and a member of the CASSE executive board. He is co-founder and associate editor of the journal Ecological Economics, and he was a senior economist with the World Bank from 1988 to 1994.His interests in economic development, population, resources, and environment have resulted in moreSTEADY STATE
A steady state economy provides a hopeful way to achieve sustainability and equity in an increasingly constrained world. CASSE, the Center for the Advancement of the Steady State Economy is an organization that explores economic growth in earnest, including itsdownsides.
STEADY STATE ECONOMY DEFINITION IF IT'S PROFITABLE, IS IT REALLY SUSTAINABLE? Profit is not the same as making ends meet. It is quite apparent that you can’t run a business that is constantly losing money. Profit is also not about being able to maintain buildings and replace machinerythat is worn out.
TECHNOLOGY – CENTER FOR THE ADVANCEMENT OF THE STEADYSEE MORE ONSTEADYSTATE.ORG
ECOFEMINISM AND THE STEADY STATE ECONOMY It could be argued that the macroeconomic objective of ecofeminism is the steady state economy. Ecofeminism was conceptualized in the 1970s and used by activists to show how environmental damage is related to women’s exploitation in society. More recently, though, a new school of thought has branched out: “ cultural ecofeminism .”. BEST OF THE DALY NEWS Best of The Daly News Selected Essays from the Leading Blog in Steady State Economics, 2010-2018 Edited By Brian Czech From 2010–2018 The Daly News was the leading blog in steady-state economics. What the Wall Street Journal was to economic growth, The Daly News was to the steady state economy. TOP 10 POLICIES FOR A STEADY STATE ECONOMY by Herman Daly. Let’s get specific. Here are ten policies for ending uneconomic growth and moving to a steady state economy. A steady state economy is one that develops qualitatively (by improvement in science, technology, and ethics) without growing quantitatively in physical dimensions; it lives on a diet—a constant metabolic flow of resources from depletion to pollution (the entropic TOP 5 THREATS TO THE WORLD'S BEACHES (AND A SYSTEMIC by Brent Blackwelder. Professors Orrin Pilkey and Andrew Cooper are writing what promises to be an outstanding book. In The Last Beach (to be published this summer by Duke University Press), they describe the top five threats to beaches around the world. Even a quick overview of these threats suggests a strategy for confronting the degradation andloss of beaches.
ARE PEOPLE SMARTER THAN CHIPMUNKS? An individual organism (e.g., a chipmunk or a person) has an unconscious and almost magical ability to do this, to stop growing and become a grownup. Human economies don’t possess the same unconscious when-to-stop mechanism. The people who make up the economy must collectively decide to reach maturity consciously. BOOK REVIEW: FALTER BY BILL MCKIBBEN Herman Daly is an emeritus professor at the University of Maryland School of Public Affairs and a member of the CASSE executive board. He is co-founder and associate editor of the journal Ecological Economics, and he was a senior economist with the World Bank from 1988 to 1994.His interests in economic development, population, resources, and environment have resulted in more CONSERVATION AND ENVIRONMENT Environmental Quality in a Steady State Economy The most important characteristic of a steady state economy is sustainable scale, meaning that the economy fits within the carrying capacity of the ecosystems that contain it. An economy of sustainable scale, therefore, has more room for nature. Without a continuously growing economy to crowd out more and more nature, citizens can focus onMYTHS AND REALITY
Myths are interesting stories, and sometimes they even have a basis in fact. But when it comes to the economy, we can’t afford to make decisions based on “truthiness” and unexplored assumptions. Myths often contribute heavily to our perceptions of how the world works, so it’s necessary to debunk the myths swirling around economic growth and the steady state economy. Myth Economic DEGROWTH: A NORTH AMERICAN VISION Students and scholars of steady-state economics must have noticed, by now, that the Degrowth movement in Europe has attained far more traction than the steady-state movement has in the USA (or anywhere). Degrowth is the banner under which thousands have assembled at numerous conferences for almost two decades now, demonstrating adurable unity.
TOP 10 POLICIES FOR A STEADY STATE ECONOMY by Herman Daly. Let’s get specific. Here are ten policies for ending uneconomic growth and moving to a steady state economy. A steady state economy is one that develops qualitatively (by improvement in science, technology, and ethics) without growing quantitatively in physical dimensions; it lives on a diet—a constant metabolic flow of resources from depletion to pollution (the entropic ARE PEOPLE SMARTER THAN CHIPMUNKS? An individual organism (e.g., a chipmunk or a person) has an unconscious and almost magical ability to do this, to stop growing and become a grownup. Human economies don’t possess the same unconscious when-to-stop mechanism. The people who make up the economy must collectively decide to reach maturity consciously. “LIMITS TO GROWTH”: A GAME FOR ELEMENTARY SCHOOL AND Setup: Create a “planet” (circle on the grass) with the rope, about 20 ft. in diameter (for a twelve-student game). Give each student one hula hoop (this is their “house”), tell them to place it on the planet and stand in it. Name the planet with your students (any name they want). Tell the students the grass outside of theirhula hoops
A DOUGHNUT ECONOMY PLEASE—BUT HOLD THE AGNOSTIC FROSTING Hi Brian, excellent, thankyou for the clarity on GDP. I think regarding the Oxfam question, that it was “both and” not “either or.” Not economic growth but Green Growth, growth in green prosperous small self-reliant communities, fertile soil, happy people, and degrowth in capitalist economy, debt, inequity, war etc. Need a public money system for government to do this as banks have a OPPORTUNITY COST OF GROWTH By Herman Daly. Economics is about counting costs, and the cost to be counted is “opportunity cost,” arguably the most basic concept in economics. It is defined as the next best alternative to the one chosen, in other words, as the best of the sacrificed alternatives. You chose the best alternative, the opportunity cost is the secondbest
GDP AND INDICATORS OF ECONOMIC WELLBEING GDP and Indicators of Economic Wellbeing Sound Byte At this point in history, increasing economic activity does more harm than good, so weneed to adopt new
THE RELATIONSHIP OF ECONOMIC GROWTH TO WILDLIFE CONSERVATION Acknowledgments This technical review was prepared with a restrictive time line, so the full cooperation and active participation of the committee members were essential to completing the assignment.STEADY STATE
A steady state economy provides a hopeful way to achieve sustainability and equity in an increasingly constrained world. CASSE, the Center for the Advancement of the Steady State Economy is an organization that explores economic growth in earnest, including itsdownsides.
IF IT'S PROFITABLE, IS IT REALLY SUSTAINABLE? Profit is not the same as making ends meet. It is quite apparent that you can’t run a business that is constantly losing money. Profit is also not about being able to maintain buildings and replace machinerythat is worn out.
ECOFEMINISM AND THE STEADY STATE ECONOMY It could be argued that the macroeconomic objective of ecofeminism is the steady state economy. Ecofeminism was conceptualized in the 1970s and used by activists to show how environmental damage is related to women’s exploitation in society. More recently, though, a new school of thought has branched out: “ cultural ecofeminism .”. BEST OF THE DALY NEWS Best of The Daly News Selected Essays from the Leading Blog in Steady State Economics, 2010-2018 Edited By Brian Czech From 2010–2018 The Daly News was the leading blog in steady-state economics. What the Wall Street Journal was to economic growth, The Daly News was to the steady state economy. TOP 5 THREATS TO THE WORLD'S BEACHES (AND A SYSTEMIC by Brent Blackwelder. Professors Orrin Pilkey and Andrew Cooper are writing what promises to be an outstanding book. In The Last Beach (to be published this summer by Duke University Press), they describe the top five threats to beaches around the world. Even a quick overview of these threats suggests a strategy for confronting the degradation andloss of beaches.
POPULATION AND THE STEADY STATE ECONOMY By Max Kummerow Sir David Attenborough remarked in a 2011 presidential lecture to the Royal Society that “every environmental and social problem is made more difficult and ultimately impossible to solve with ever more people.” Wherever women’s status has improved and societies modernized, he said, birth rates have fallen. He begged his audience to “talk about population.”BRIAN CZECH
View Essays by Brian Czech Brian Czech has a Ph.D. in renewable natural resources studies from the University of Arizona with a minor in political science. The founding President of CASSE, Brian is also a Visiting Professor at Virginia Tech, where he teaches ecological economics in the National Capitol Region. A prolific author in a variety of venues, his scientific articles have appeared in BOOK REVIEW: FALTER BY BILL MCKIBBEN Herman Daly is an emeritus professor at the University of Maryland School of Public Affairs and a member of the CASSE executive board. He is co-founder and associate editor of the journal Ecological Economics, and he was a senior economist with the World Bank from 1988 to 1994.His interests in economic development, population, resources, and environment have resulted in more MODERNIZING HENRY GEORGE Neoclassical economists accept this definition of rent but resist Henry George’s ethical emphasis on rent as unearned income. The modern form of the Georgist insight is to tax the rent from land, and by extension from natural resources and services of nature, and to use these funds for fighting poverty and for financing public goods. THE RELATIONSHIP OF ECONOMIC GROWTH TO WILDLIFE CONSERVATION Acknowledgments This technical review was prepared with a restrictive time line, so the full cooperation and active participation of the committee members were essential to completing the assignment.STEADY STATE
A steady state economy provides a hopeful way to achieve sustainability and equity in an increasingly constrained world. CASSE, the Center for the Advancement of the Steady State Economy is an organization that explores economic growth in earnest, including itsdownsides.
IF IT'S PROFITABLE, IS IT REALLY SUSTAINABLE? Profit is not the same as making ends meet. It is quite apparent that you can’t run a business that is constantly losing money. Profit is also not about being able to maintain buildings and replace machinerythat is worn out.
ECOFEMINISM AND THE STEADY STATE ECONOMY It could be argued that the macroeconomic objective of ecofeminism is the steady state economy. Ecofeminism was conceptualized in the 1970s and used by activists to show how environmental damage is related to women’s exploitation in society. More recently, though, a new school of thought has branched out: “ cultural ecofeminism .”. BEST OF THE DALY NEWS Best of The Daly News Selected Essays from the Leading Blog in Steady State Economics, 2010-2018 Edited By Brian Czech From 2010–2018 The Daly News was the leading blog in steady-state economics. What the Wall Street Journal was to economic growth, The Daly News was to the steady state economy. TOP 5 THREATS TO THE WORLD'S BEACHES (AND A SYSTEMIC by Brent Blackwelder. Professors Orrin Pilkey and Andrew Cooper are writing what promises to be an outstanding book. In The Last Beach (to be published this summer by Duke University Press), they describe the top five threats to beaches around the world. Even a quick overview of these threats suggests a strategy for confronting the degradation andloss of beaches.
POPULATION AND THE STEADY STATE ECONOMY By Max Kummerow Sir David Attenborough remarked in a 2011 presidential lecture to the Royal Society that “every environmental and social problem is made more difficult and ultimately impossible to solve with ever more people.” Wherever women’s status has improved and societies modernized, he said, birth rates have fallen. He begged his audience to “talk about population.”BRIAN CZECH
View Essays by Brian Czech Brian Czech has a Ph.D. in renewable natural resources studies from the University of Arizona with a minor in political science. The founding President of CASSE, Brian is also a Visiting Professor at Virginia Tech, where he teaches ecological economics in the National Capitol Region. A prolific author in a variety of venues, his scientific articles have appeared in BOOK REVIEW: FALTER BY BILL MCKIBBEN Herman Daly is an emeritus professor at the University of Maryland School of Public Affairs and a member of the CASSE executive board. He is co-founder and associate editor of the journal Ecological Economics, and he was a senior economist with the World Bank from 1988 to 1994.His interests in economic development, population, resources, and environment have resulted in more MODERNIZING HENRY GEORGE Neoclassical economists accept this definition of rent but resist Henry George’s ethical emphasis on rent as unearned income. The modern form of the Georgist insight is to tax the rent from land, and by extension from natural resources and services of nature, and to use these funds for fighting poverty and for financing public goods. THE RELATIONSHIP OF ECONOMIC GROWTH TO WILDLIFE CONSERVATION Acknowledgments This technical review was prepared with a restrictive time line, so the full cooperation and active participation of the committee members were essential to completing the assignment. STEADY STATE ECONOMY DEFINITION Summary A steady state economy is an economy of stable or mildly fluctuating size. The term typically refers to a national economy, but it can also be applied to a local, regional, or global economy. An economy can reach a steady state after a period of growth or after a period of downsizing or degrowth. To be sustainable, a steady state economy may not exceed ecological limits. A steady state CONSERVATION AND ENVIRONMENT Environmental Quality in a Steady State Economy The most important characteristic of a steady state economy is sustainable scale, meaning that the economy fits within the carrying capacity of the ecosystems that contain it. An economy of sustainable scale, therefore, has more room for nature. Without a continuously growing economy to crowd out more and more nature, citizens can focus on BEST OF THE DALY NEWS Best of The Daly News Selected Essays from the Leading Blog in Steady State Economics, 2010-2018 Edited By Brian Czech From 2010–2018 The Daly News was the leading blog in steady-state economics. What the Wall Street Journal was to economic growth, The Daly News was to the steady state economy. POPULATION AND THE STEADY STATE ECONOMY By Max Kummerow Sir David Attenborough remarked in a 2011 presidential lecture to the Royal Society that “every environmental and social problem is made more difficult and ultimately impossible to solve with ever more people.” Wherever women’s status has improved and societies modernized, he said, birth rates have fallen. He begged his audience to “talk about population.” WEALTH TRANSFERS, CARBON DIOXIDE REMOVAL, AND THE STEADY Like sanitation, CDR produces a public good that is absolutely necessary, but funding it serves as an inefficiency for the economy. By tying CDR with wealth transfers, we may be able to increase this inefficiency, and thus slow growth, for the developed world while creating employment and infrastructure in the developing world. TOP 10 POLICIES FOR A STEADY STATE ECONOMY by Herman Daly. Let’s get specific. Here are ten policies for ending uneconomic growth and moving to a steady state economy. A steady state economy is one that develops qualitatively (by improvement in science, technology, and ethics) without growing quantitatively in physical dimensions; it lives on a diet—a constant metabolic flow of resources from depletion to pollution (the entropic AN ECONOMICS FIT FOR PURPOSE IN A FINITE WORLD Economics, or as I prefer, “political economy,” is in between and serves to balance desirability (the lure of right purpose) with possibility (the constraints of finitude). We need an economics fit for purpose in a finite and entropic world. As a way to envision such an inclusive economics, consider the “ends-means pyramid” shownbelow.
ARE PEOPLE SMARTER THAN CHIPMUNKS? An individual organism (e.g., a chipmunk or a person) has an unconscious and almost magical ability to do this, to stop growing and become a grownup. Human economies don’t possess the same unconscious when-to-stop mechanism. The people who make up the economy must collectively decide to reach maturity consciously. THE END OF THE AGE OF EXTRACTION The end of the Age of Extraction does not mean that such resources will disappear. In his recent book, The Quest, Daniel Yergin describes oil and gas discoveries that he predicts will turn the Western Hemisphere — from Canada to Brazil — into the next Saudi Arabia. But today’s extraction is pursuing fuels that are either dirty orhard to get.
DUALIST ECONOMICS
Soddy’s Dualist Economics. As Soddy insisted, economics occupies the middle ground between these dualistic extremes. Economics in its everyday aspects remains largely “ unaffected whether by the ultimate philosophy of the electron or the soul, ” but this may be the big weakness of economics, myopia that leads to its growth-forevervision.
STEADY STATE
A steady state economy provides a hopeful way to achieve sustainability and equity in an increasingly constrained world. CASSE, the Center for the Advancement of the Steady State Economy is an organization that explores economic growth in earnest, including itsdownsides.
CONSERVATION AND ENVIRONMENT Environmental Quality in a Steady State Economy The most important characteristic of a steady state economy is sustainable scale, meaning that the economy fits within the carrying capacity of the ecosystems that contain it. An economy of sustainable scale, therefore, has more room for nature. Without a continuously growing economy to crowd out more and more nature, citizens can focus on IF IT'S PROFITABLE, IS IT REALLY SUSTAINABLE? Profit is not the same as making ends meet. It is quite apparent that you can’t run a business that is constantly losing money. Profit is also not about being able to maintain buildings and replace machinerythat is worn out.
ECOFEMINISM AND THE STEADY STATE ECONOMY It could be argued that the macroeconomic objective of ecofeminism is the steady state economy. Ecofeminism was conceptualized in the 1970s and used by activists to show how environmental damage is related to women’s exploitation in society. More recently, though, a new school of thought has branched out: “ cultural ecofeminism .”. BEST OF THE DALY NEWS Best of The Daly News Selected Essays from the Leading Blog in Steady State Economics, 2010-2018 Edited By Brian Czech From 2010–2018 The Daly News was the leading blog in steady-state economics. What the Wall Street Journal was to economic growth, The Daly News was to the steady state economy. TOP 5 THREATS TO THE WORLD'S BEACHES (AND A SYSTEMIC by Brent Blackwelder. Professors Orrin Pilkey and Andrew Cooper are writing what promises to be an outstanding book. In The Last Beach (to be published this summer by Duke University Press), they describe the top five threats to beaches around the world. Even a quick overview of these threats suggests a strategy for confronting the degradation andloss of beaches.
BRIAN CZECH
View Essays by Brian Czech Brian Czech has a Ph.D. in renewable natural resources studies from the University of Arizona with a minor in political science. The founding President of CASSE, Brian is also a Visiting Professor at Virginia Tech, where he teaches ecological economics in the National Capitol Region. A prolific author in a variety of venues, his scientific articles have appeared in BOOK REVIEW: FALTER BY BILL MCKIBBEN Herman Daly is an emeritus professor at the University of Maryland School of Public Affairs and a member of the CASSE executive board. He is co-founder and associate editor of the journal Ecological Economics, and he was a senior economist with the World Bank from 1988 to 1994.His interests in economic development, population, resources, and environment have resulted in more GDP AND INDICATORS OF ECONOMIC WELLBEING GDP and Indicators of Economic Wellbeing Sound Byte At this point in history, increasing economic activity does more harm than good, so weneed to adopt new
THE RELATIONSHIP OF ECONOMIC GROWTH TO WILDLIFE CONSERVATION Acknowledgments This technical review was prepared with a restrictive time line, so the full cooperation and active participation of the committee members were essential to completing the assignment.STEADY STATE
A steady state economy provides a hopeful way to achieve sustainability and equity in an increasingly constrained world. CASSE, the Center for the Advancement of the Steady State Economy is an organization that explores economic growth in earnest, including itsdownsides.
CONSERVATION AND ENVIRONMENT Environmental Quality in a Steady State Economy The most important characteristic of a steady state economy is sustainable scale, meaning that the economy fits within the carrying capacity of the ecosystems that contain it. An economy of sustainable scale, therefore, has more room for nature. Without a continuously growing economy to crowd out more and more nature, citizens can focus on IF IT'S PROFITABLE, IS IT REALLY SUSTAINABLE? Profit is not the same as making ends meet. It is quite apparent that you can’t run a business that is constantly losing money. Profit is also not about being able to maintain buildings and replace machinerythat is worn out.
ECOFEMINISM AND THE STEADY STATE ECONOMY It could be argued that the macroeconomic objective of ecofeminism is the steady state economy. Ecofeminism was conceptualized in the 1970s and used by activists to show how environmental damage is related to women’s exploitation in society. More recently, though, a new school of thought has branched out: “ cultural ecofeminism .”. BEST OF THE DALY NEWS Best of The Daly News Selected Essays from the Leading Blog in Steady State Economics, 2010-2018 Edited By Brian Czech From 2010–2018 The Daly News was the leading blog in steady-state economics. What the Wall Street Journal was to economic growth, The Daly News was to the steady state economy. TOP 5 THREATS TO THE WORLD'S BEACHES (AND A SYSTEMIC by Brent Blackwelder. Professors Orrin Pilkey and Andrew Cooper are writing what promises to be an outstanding book. In The Last Beach (to be published this summer by Duke University Press), they describe the top five threats to beaches around the world. Even a quick overview of these threats suggests a strategy for confronting the degradation andloss of beaches.
BRIAN CZECH
View Essays by Brian Czech Brian Czech has a Ph.D. in renewable natural resources studies from the University of Arizona with a minor in political science. The founding President of CASSE, Brian is also a Visiting Professor at Virginia Tech, where he teaches ecological economics in the National Capitol Region. A prolific author in a variety of venues, his scientific articles have appeared in BOOK REVIEW: FALTER BY BILL MCKIBBEN Herman Daly is an emeritus professor at the University of Maryland School of Public Affairs and a member of the CASSE executive board. He is co-founder and associate editor of the journal Ecological Economics, and he was a senior economist with the World Bank from 1988 to 1994.His interests in economic development, population, resources, and environment have resulted in more GDP AND INDICATORS OF ECONOMIC WELLBEING GDP and Indicators of Economic Wellbeing Sound Byte At this point in history, increasing economic activity does more harm than good, so weneed to adopt new
THE RELATIONSHIP OF ECONOMIC GROWTH TO WILDLIFE CONSERVATION Acknowledgments This technical review was prepared with a restrictive time line, so the full cooperation and active participation of the committee members were essential to completing the assignment. STEADY STATE ECONOMY DEFINITION Summary A steady state economy is an economy of stable or mildly fluctuating size. The term typically refers to a national economy, but it can also be applied to a local, regional, or global economy. An economy can reach a steady state after a period of growth or after a period of downsizing or degrowth. To be sustainable, a steady state economy may not exceed ecological limits. A steady state CONSERVATION AND ENVIRONMENT Environmental Quality in a Steady State Economy The most important characteristic of a steady state economy is sustainable scale, meaning that the economy fits within the carrying capacity of the ecosystems that contain it. An economy of sustainable scale, therefore, has more room for nature. Without a continuously growing economy to crowd out more and more nature, citizens can focus on TECHNOLOGY – CENTER FOR THE ADVANCEMENT OF THE STEADY The International Center for Technology Assessment is a non-profit, bipartisan organization that analyzes and assesses technological impacts on society. The center takes a critical look at megatechnologies and technocracies, and promotes appropriate uses of technology with an eye toward environmental and economicsustainability.
TOP 10 POLICIES FOR A STEADY STATE ECONOMY by Herman Daly. Let’s get specific. Here are ten policies for ending uneconomic growth and moving to a steady state economy. A steady state economy is one that develops qualitatively (by improvement in science, technology, and ethics) without growing quantitatively in physical dimensions; it lives on a diet—a constant metabolic flow of resources from depletion to pollution (the entropic POPULATION AND THE STEADY STATE ECONOMY By Max Kummerow Sir David Attenborough remarked in a 2011 presidential lecture to the Royal Society that “every environmental and social problem is made more difficult and ultimately impossible to solve with ever more people.” Wherever women’s status has improved and societies modernized, he said, birth rates have fallen. He begged his audience to “talk about population.” DEGROWTH: A NORTH AMERICAN VISION Students and scholars of steady-state economics must have noticed, by now, that the Degrowth movement in Europe has attained far more traction than the steady-state movement has in the USA (or anywhere). Degrowth is the banner under which thousands have assembled at numerous conferences for almost two decades now, demonstrating adurable unity.
AN ECONOMICS FIT FOR PURPOSE IN A FINITE WORLD Economics, or as I prefer, “political economy,” is in between and serves to balance desirability (the lure of right purpose) with possibility (the constraints of finitude). We need an economics fit for purpose in a finite and entropic world. As a way to envision such an inclusive economics, consider the “ends-means pyramid” shownbelow.
EFFICIENCY AND ENTREPRENEURSHIP: KEY INGREDIENTS FOR by Milton Mountebank. Editor’s note: In order to present a “fair and balanced” point of view, the Daly News occasionally invites Dr. Mountebank (the award-winning economist and originator of infinite planet theory) to write an editorial.Limits-to-growth ideology often bullies its way into what would otherwise be an astute dialogue about how to grow the economy. WHAT IS WRONG WITH A ZERO INTEREST RATE? There are many things wrong with a zero interest rate. Remember that the interest rate is a price paid to savers by borrowing investors. At a zero price, savers will save less and receive less return on past savings. Savers and pensioners are penalized. At a near zero price for borrowed funds, investors are being subsidized and will invest in OPPORTUNITY COST OF GROWTH By Herman Daly. Economics is about counting costs, and the cost to be counted is “opportunity cost,” arguably the most basic concept in economics. It is defined as the next best alternative to the one chosen, in other words, as the best of the sacrificed alternatives. You chose the best alternative, the opportunity cost is the secondbest
STEADY STATE
A steady state economy provides a hopeful way to achieve sustainability and equity in an increasingly constrained world. CASSE, the Center for the Advancement of the Steady State Economy is an organization that explores economic growth in earnest, including itsdownsides.
IF IT'S PROFITABLE, IS IT REALLY SUSTAINABLE? Profit is not the same as making ends meet. It is quite apparent that you can’t run a business that is constantly losing money. Profit is also not about being able to maintain buildings and replace machinerythat is worn out.
CONSERVATION AND ENVIRONMENT Environmental Quality in a Steady State Economy The most important characteristic of a steady state economy is sustainable scale, meaning that the economy fits within the carrying capacity of the ecosystems that contain it. An economy of sustainable scale, therefore, has more room for nature. Without a continuously growing economy to crowd out more and more nature, citizens can focus on TECHNOLOGY – CENTER FOR THE ADVANCEMENT OF THE STEADYSEE MORE ONSTEADYSTATE.ORG
ECOFEMINISM AND THE STEADY STATE ECONOMY It could be argued that the macroeconomic objective of ecofeminism is the steady state economy. Ecofeminism was conceptualized in the 1970s and used by activists to show how environmental damage is related to women’s exploitation in society. More recently, though, a new school of thought has branched out: “ cultural ecofeminism .”. BEST OF THE DALY NEWS Best of The Daly News Selected Essays from the Leading Blog in Steady State Economics, 2010-2018 Edited By Brian Czech From 2010–2018 The Daly News was the leading blog in steady-state economics. What the Wall Street Journal was to economic growth, The Daly News was to the steady state economy. TOP 5 THREATS TO THE WORLD'S BEACHES (AND A SYSTEMIC by Brent Blackwelder. Professors Orrin Pilkey and Andrew Cooper are writing what promises to be an outstanding book. In The Last Beach (to be published this summer by Duke University Press), they describe the top five threats to beaches around the world. Even a quick overview of these threats suggests a strategy for confronting the degradation andloss of beaches.
BOOK REVIEW: FALTER BY BILL MCKIBBEN Herman Daly is an emeritus professor at the University of Maryland School of Public Affairs and a member of the CASSE executive board. He is co-founder and associate editor of the journal Ecological Economics, and he was a senior economist with the World Bank from 1988 to 1994.His interests in economic development, population, resources, and environment have resulted in more GDP AND INDICATORS OF ECONOMIC WELLBEING GDP and Indicators of Economic Wellbeing Sound Byte At this point in history, increasing economic activity does more harm than good, so weneed to adopt new
THE RELATIONSHIP OF ECONOMIC GROWTH TO WILDLIFE CONSERVATION Acknowledgments This technical review was prepared with a restrictive time line, so the full cooperation and active participation of the committee members were essential to completing the assignment.STEADY STATE
A steady state economy provides a hopeful way to achieve sustainability and equity in an increasingly constrained world. CASSE, the Center for the Advancement of the Steady State Economy is an organization that explores economic growth in earnest, including itsdownsides.
IF IT'S PROFITABLE, IS IT REALLY SUSTAINABLE? Profit is not the same as making ends meet. It is quite apparent that you can’t run a business that is constantly losing money. Profit is also not about being able to maintain buildings and replace machinerythat is worn out.
CONSERVATION AND ENVIRONMENT Environmental Quality in a Steady State Economy The most important characteristic of a steady state economy is sustainable scale, meaning that the economy fits within the carrying capacity of the ecosystems that contain it. An economy of sustainable scale, therefore, has more room for nature. Without a continuously growing economy to crowd out more and more nature, citizens can focus on TECHNOLOGY – CENTER FOR THE ADVANCEMENT OF THE STEADYSEE MORE ONSTEADYSTATE.ORG
ECOFEMINISM AND THE STEADY STATE ECONOMY It could be argued that the macroeconomic objective of ecofeminism is the steady state economy. Ecofeminism was conceptualized in the 1970s and used by activists to show how environmental damage is related to women’s exploitation in society. More recently, though, a new school of thought has branched out: “ cultural ecofeminism .”. BEST OF THE DALY NEWS Best of The Daly News Selected Essays from the Leading Blog in Steady State Economics, 2010-2018 Edited By Brian Czech From 2010–2018 The Daly News was the leading blog in steady-state economics. What the Wall Street Journal was to economic growth, The Daly News was to the steady state economy. TOP 5 THREATS TO THE WORLD'S BEACHES (AND A SYSTEMIC by Brent Blackwelder. Professors Orrin Pilkey and Andrew Cooper are writing what promises to be an outstanding book. In The Last Beach (to be published this summer by Duke University Press), they describe the top five threats to beaches around the world. Even a quick overview of these threats suggests a strategy for confronting the degradation andloss of beaches.
BOOK REVIEW: FALTER BY BILL MCKIBBEN Herman Daly is an emeritus professor at the University of Maryland School of Public Affairs and a member of the CASSE executive board. He is co-founder and associate editor of the journal Ecological Economics, and he was a senior economist with the World Bank from 1988 to 1994.His interests in economic development, population, resources, and environment have resulted in more GDP AND INDICATORS OF ECONOMIC WELLBEING GDP and Indicators of Economic Wellbeing Sound Byte At this point in history, increasing economic activity does more harm than good, so weneed to adopt new
THE RELATIONSHIP OF ECONOMIC GROWTH TO WILDLIFE CONSERVATION Acknowledgments This technical review was prepared with a restrictive time line, so the full cooperation and active participation of the committee members were essential to completing the assignment. STEADY STATE ECONOMY DEFINITION Summary A steady state economy is an economy of stable or mildly fluctuating size. The term typically refers to a national economy, but it can also be applied to a local, regional, or global economy. An economy can reach a steady state after a period of growth or after a period of downsizing or degrowth. To be sustainable, a steady state economy may not exceed ecological limits. A steady state CONSERVATION AND ENVIRONMENT Environmental Quality in a Steady State Economy The most important characteristic of a steady state economy is sustainable scale, meaning that the economy fits within the carrying capacity of the ecosystems that contain it. An economy of sustainable scale, therefore, has more room for nature. Without a continuously growing economy to crowd out more and more nature, citizens can focus onDOWNSIDES OF GROWTH
There Is a Conflict between Economic Growth and: A growing economy consumes natural resources and produces wastes. It results in biodiversity loss, air and water pollution, climate destabilization, and other major environmental threats. A healthy environment is the foundation of a healthy economy. We need healthy soils for agriculture, healthy POPULATION AND THE STEADY STATE ECONOMY By Max Kummerow Sir David Attenborough remarked in a 2011 presidential lecture to the Royal Society that “every environmental and social problem is made more difficult and ultimately impossible to solve with ever more people.” Wherever women’s status has improved and societies modernized, he said, birth rates have fallen. He begged his audience to “talk about population.” TOP 10 POLICIES FOR A STEADY STATE ECONOMY by Herman Daly. Let’s get specific. Here are ten policies for ending uneconomic growth and moving to a steady state economy. A steady state economy is one that develops qualitatively (by improvement in science, technology, and ethics) without growing quantitatively in physical dimensions; it lives on a diet—a constant metabolic flow of resources from depletion to pollution (the entropic AN ECONOMICS FIT FOR PURPOSE IN A FINITE WORLD Economics, or as I prefer, “political economy,” is in between and serves to balance desirability (the lure of right purpose) with possibility (the constraints of finitude). We need an economics fit for purpose in a finite and entropic world. As a way to envision such an inclusive economics, consider the “ends-means pyramid” shownbelow.
BRIAN CZECH
View Essays by Brian Czech Brian Czech has a Ph.D. in renewable natural resources studies from the University of Arizona with a minor in political science. The founding President of CASSE, Brian is also a Visiting Professor at Virginia Tech, where he teaches ecological economics in the National Capitol Region. A prolific author in a variety of venues, his scientific articles have appeared in EFFICIENCY AND ENTREPRENEURSHIP: KEY INGREDIENTS FOR by Milton Mountebank. Editor’s note: In order to present a “fair and balanced” point of view, the Daly News occasionally invites Dr. Mountebank (the award-winning economist and originator of infinite planet theory) to write an editorial.Limits-to-growth ideology often bullies its way into what would otherwise be an astute dialogue about how to grow the economy. THE FALLACY OF THE TRAGEDY OF THE COMMONS Therein is the tragedy. Each man is locked into a system that compels him to increase his herd without limit, in a world that is limited. Ruin is the destination toward which all men rush, each pursuing his own best interest in a society that believes in the freedom of the commons. Freedom in a commons brings ruin to all. OPPORTUNITY COST OF GROWTH By Herman Daly. Economics is about counting costs, and the cost to be counted is “opportunity cost,” arguably the most basic concept in economics. It is defined as the next best alternative to the one chosen, in other words, as the best of the sacrificed alternatives. You chose the best alternative, the opportunity cost is the secondbest
STEADY STATE
A steady state economy provides a hopeful way to achieve sustainability and equity in an increasingly constrained world. CASSE, the Center for the Advancement of the Steady State Economy is an organization that explores economic growth in earnest, including itsdownsides.
IF IT'S PROFITABLE, IS IT REALLY SUSTAINABLE? Profit is not the same as making ends meet. It is quite apparent that you can’t run a business that is constantly losing money. Profit is also not about being able to maintain buildings and replace machinerythat is worn out.
ECOFEMINISM AND THE STEADY STATE ECONOMY It could be argued that the macroeconomic objective of ecofeminism is the steady state economy. Ecofeminism was conceptualized in the 1970s and used by activists to show how environmental damage is related to women’s exploitation in society. More recently, though, a new school of thought has branched out: “ cultural ecofeminism .”. BEST OF THE DALY NEWS Best of The Daly News Selected Essays from the Leading Blog in Steady State Economics, 2010-2018 Edited By Brian Czech From 2010–2018 The Daly News was the leading blog in steady-state economics. What the Wall Street Journal was to economic growth, The Daly News was to the steady state economy. POPULATION AND THE STEADY STATE ECONOMY By Max Kummerow Sir David Attenborough remarked in a 2011 presidential lecture to the Royal Society that “every environmental and social problem is made more difficult and ultimately impossible to solve with ever more people.” Wherever women’s status has improved and societies modernized, he said, birth rates have fallen. He begged his audience to “talk about population.” TOP 5 THREATS TO THE WORLD'S BEACHES (AND A SYSTEMIC by Brent Blackwelder. Professors Orrin Pilkey and Andrew Cooper are writing what promises to be an outstanding book. In The Last Beach (to be published this summer by Duke University Press), they describe the top five threats to beaches around the world. Even a quick overview of these threats suggests a strategy for confronting the degradation andloss of beaches.
BOOK REVIEW: FALTER BY BILL MCKIBBEN Herman Daly is an emeritus professor at the University of Maryland School of Public Affairs and a member of the CASSE executive board. He is co-founder and associate editor of the journal Ecological Economics, and he was a senior economist with the World Bank from 1988 to 1994.His interests in economic development, population, resources, and environment have resulted in more MODERNIZING HENRY GEORGE Neoclassical economists accept this definition of rent but resist Henry George’s ethical emphasis on rent as unearned income. The modern form of the Georgist insight is to tax the rent from land, and by extension from natural resources and services of nature, and to use these funds for fighting poverty and for financing public goods. THE RELATIONSHIP OF ECONOMIC GROWTH TO WILDLIFE CONSERVATION Acknowledgments This technical review was prepared with a restrictive time line, so the full cooperation and active participation of the committee members were essential to completing the assignment. PAUL KRUGMAN ON LIMITS TO GROWTH: BEWARE THE BATHWATER by Brian Czech. Congratulations to Paul Krugman, whose New York Times opinion on “Slow Steaming and the Supposed Limits to Growth” hit the bulls-eye of at least one balloon. Landing at Washington-National the very day his opinion column appeared was like crashing back into the growth fetish of the American Fourth Estate.STEADY STATE
A steady state economy provides a hopeful way to achieve sustainability and equity in an increasingly constrained world. CASSE, the Center for the Advancement of the Steady State Economy is an organization that explores economic growth in earnest, including itsdownsides.
IF IT'S PROFITABLE, IS IT REALLY SUSTAINABLE? Profit is not the same as making ends meet. It is quite apparent that you can’t run a business that is constantly losing money. Profit is also not about being able to maintain buildings and replace machinerythat is worn out.
ECOFEMINISM AND THE STEADY STATE ECONOMY It could be argued that the macroeconomic objective of ecofeminism is the steady state economy. Ecofeminism was conceptualized in the 1970s and used by activists to show how environmental damage is related to women’s exploitation in society. More recently, though, a new school of thought has branched out: “ cultural ecofeminism .”. BEST OF THE DALY NEWS Best of The Daly News Selected Essays from the Leading Blog in Steady State Economics, 2010-2018 Edited By Brian Czech From 2010–2018 The Daly News was the leading blog in steady-state economics. What the Wall Street Journal was to economic growth, The Daly News was to the steady state economy. POPULATION AND THE STEADY STATE ECONOMY By Max Kummerow Sir David Attenborough remarked in a 2011 presidential lecture to the Royal Society that “every environmental and social problem is made more difficult and ultimately impossible to solve with ever more people.” Wherever women’s status has improved and societies modernized, he said, birth rates have fallen. He begged his audience to “talk about population.” TOP 5 THREATS TO THE WORLD'S BEACHES (AND A SYSTEMIC by Brent Blackwelder. Professors Orrin Pilkey and Andrew Cooper are writing what promises to be an outstanding book. In The Last Beach (to be published this summer by Duke University Press), they describe the top five threats to beaches around the world. Even a quick overview of these threats suggests a strategy for confronting the degradation andloss of beaches.
BOOK REVIEW: FALTER BY BILL MCKIBBEN Herman Daly is an emeritus professor at the University of Maryland School of Public Affairs and a member of the CASSE executive board. He is co-founder and associate editor of the journal Ecological Economics, and he was a senior economist with the World Bank from 1988 to 1994.His interests in economic development, population, resources, and environment have resulted in more MODERNIZING HENRY GEORGE Neoclassical economists accept this definition of rent but resist Henry George’s ethical emphasis on rent as unearned income. The modern form of the Georgist insight is to tax the rent from land, and by extension from natural resources and services of nature, and to use these funds for fighting poverty and for financing public goods. THE RELATIONSHIP OF ECONOMIC GROWTH TO WILDLIFE CONSERVATION Acknowledgments This technical review was prepared with a restrictive time line, so the full cooperation and active participation of the committee members were essential to completing the assignment. PAUL KRUGMAN ON LIMITS TO GROWTH: BEWARE THE BATHWATER by Brian Czech. Congratulations to Paul Krugman, whose New York Times opinion on “Slow Steaming and the Supposed Limits to Growth” hit the bulls-eye of at least one balloon. Landing at Washington-National the very day his opinion column appeared was like crashing back into the growth fetish of the American Fourth Estate. CONSERVATION AND ENVIRONMENT Environmental Quality in a Steady State Economy The most important characteristic of a steady state economy is sustainable scale, meaning that the economy fits within the carrying capacity of the ecosystems that contain it. An economy of sustainable scale, therefore, has more room for nature. Without a continuously growing economy to crowd out more and more nature, citizens can focus on ECOFEMINISM AND THE STEADY STATE ECONOMY It could be argued that the macroeconomic objective of ecofeminism is the steady state economy. Ecofeminism was conceptualized in the 1970s and used by activists to show how environmental damage is related to women’s exploitation in society. More recently, though, a new school of thought has branched out: “ cultural ecofeminism .”. BECOME AN OUTREACH VOLUNTEER CASSE Outreach Volunteers are individuals concerned about the environmental consequences of economic growth. They recognize the steady state economy as a desirable alternative to unsustainable growth, and they support CASSE’s mission: To advance the steady state economy, with stabilized population and consumption, as a policy goal with widespread public support. Most citizens are TOP 10 POLICIES FOR A STEADY STATE ECONOMY by Herman Daly. Let’s get specific. Here are ten policies for ending uneconomic growth and moving to a steady state economy. A steady state economy is one that develops qualitatively (by improvement in science, technology, and ethics) without growing quantitatively in physical dimensions; it lives on a diet—a constant metabolic flow of resources from depletion to pollution (the entropic AN ECONOMICS FIT FOR PURPOSE IN A FINITE WORLD Economics, or as I prefer, “political economy,” is in between and serves to balance desirability (the lure of right purpose) with possibility (the constraints of finitude). We need an economics fit for purpose in a finite and entropic world. As a way to envision such an inclusive economics, consider the “ends-means pyramid” shownbelow.
THE END OF THE AGE OF EXTRACTION The end of the Age of Extraction does not mean that such resources will disappear. In his recent book, The Quest, Daniel Yergin describes oil and gas discoveries that he predicts will turn the Western Hemisphere — from Canada to Brazil — into the next Saudi Arabia. But today’s extraction is pursuing fuels that are either dirty orhard to get.
THE VISIBLE HAND: MANIPULATING MARKET PRICES BY by Max Kummerow. Recently a member of a mailing list for resource economists asked how to value endangered species given that they are not bought and sold in markets. SUSTAINING OUR COMMONWEALTH OF NATURE AND KNOWLEDGE By Herman Daly. Let’s start with this phrase: “Sustaining our commonwealth.”. By sustaining, I don’t mean preserving inviolate; I mean using without using up. Using with maintenance and replenishment is an important idea in economics. It’s the very basis of the concept of income because income is the maximum that you canconsume today
ARE PEOPLE SMARTER THAN CHIPMUNKS? An individual organism (e.g., a chipmunk or a person) has an unconscious and almost magical ability to do this, to stop growing and become a grownup. Human economies don’t possess the same unconscious when-to-stop mechanism. The people who make up the economy must collectively decide to reach maturity consciously. AN ECONOMIC GAME PLAN TO PREVENT WATER POLLUTION Honestly, it’s not such an easy thing to have another utility takeover Duke Energy’s facilities in North Carolina. Assuming another utility is willing to do so, it would probably take the approval of the governor as well as both houses of the state legislature to approve such a transfer of power and that doesn’t even take into account the fact that Duke Energy would probably fight* Search
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