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Green economic growth is an article of ‘faith’ devoid of scientific evidence
Green economic growth is an article of ‘faith’ devoid of scientific evidence Crack team that advised UN Global Sustainable Development Report settle a longstanding debate with hard empirical data For years, financial institutions and governments have been focused on the idea of ‘decoupling’ GDP growth from resource use. This has been driven by the recognition […]
We Can’t Grow Our Way Out of Poverty
WE CAN’T GROW OUR WAY OUT OF POVERTY For more than half a century, economists and policymakers have focused fanatically on growth as the only feasible way to end global poverty and improve people’s lives. But in an era of planet-wide ecological breakdown, that comfortable conventional wisdom is crashing to an end. Jason Hickel lays it on […]
Nuclear powered airplanes, cars, and tanks
Nuclear powered airplanes, cars, and tanks Preface. After all the research I’ve done on rebuildable, not renewable wind and solar, hydrogen, batteries, and other Green dreams of an endless future of growth based on them, I’ve come to see them as just as likely as nuclear airplanes and cars. Not going to happen. *** Nuclear […]
Recovery or Renewal? Time for an economic rethink
Recovery or Renewal? Time for an economic rethink A recent study of long-term fluctuations in economic growth published in Nature Scientific Reports suggests both danger and opportunity in the emerging debate about post Covid-19 economic recovery. In this blog, Craig D. Rye and Tim Jackson outline their findings. The International Monetary Fund (IMF) expects the global economy to […]
Food for Thought – US Population, Employment, Debt, NIRP, Monetization
Food for Thought – US Population, Employment, Debt, NIRP, Monetization In 2019, US population growth fell to +1.55m or +0.5%…this was due to a trifecta of declining births, lower immigration, and higher deaths than anticipated. However, as with everything “2020”, all three trends are only intensifying to blow away 2019. Births are falling faster and […]
New Zealand Deprioritizes Growth, Improves Health and Wellbeing
New Zealand Deprioritizes Growth, Improves Health and Wellbeing Last May, New Zealand Prime Minister Jacinda Ardern released a budget to improve the “wellbeing” of its citizens rather than focusing on productivity and GDP growth. And not so coincidentally, New Zealand has one of the best coronavirus outcomes of any democracy in the world. Perhaps this […]
False Solutions to Climate Change: Real Solutions
False Solutions to Climate Change: Real Solutions Editorial Note: This is Part 6 of Mary Wildfire’s series on false solutions to climate change. You can read Part 1 on Electricity here, Part 2 on Transportation here, Part 3 on Agriculture here, Part 4 on Buildings here. and Part 5 on Geoengineering here. It’s become increasingly clear that climate change is not only real […]
The Recent History of GDP Growth, CO2 Emissions, and Climate Policy Paralysis, All in One Table-Runner
The Recent History of GDP Growth, CO2 Emissions, and Climate Policy Paralysis, All in One Table-Runner Note: I began designing this table-runner just before the COVID-19 pandemic blew up in the United States. In the time I have been embroidering it, rates of death and misery have soared while wealth generation and carbon emissions (the […]
Pandenomics: a story of life versus growth
Pandenomics: a story of life versus growth The clash between business-as-usual economics and the pandemic shows what we really need from our economy. I’ve been thinking a lot about breathing, recently: how our organisms take life-supporting oxygen from Earth’s clement atmosphere, and exhale waste carbon dioxide back out. I’ve been thinking about how pleasant and […]
Now is the time to end the climate emergency
Now is the time to end the climate emergency Reading “The Green New Deal and beyond” in the middle of a global crisis In The Green New Deal and Beyond: Ending the Climate Emergency While We Still Can, Stan Cox has a message for all who were counting on the Green New Deal to help save […]
Let’s Be Less Productive
Let’s Be Less Productive HAS the pursuit of labor productivity reached its limit? Productivity — the amount of output delivered per hour of work in the economy — is often viewed as the engine of progress in modern capitalist economies. Output is everything. Time is money. The quest for increased productivity occupies reams of academic […]
Between a Rock and a Hard Place: Pandemic and Growth
Between a Rock and a Hard Place: Pandemic and Growth There is no way authorities can limit the coronavirus and restore global growth and debt expansion to December 2019 levels. Authorities around the world are between a rock and a hard place: they need policies that both limit the spread of the coronavirus and allow their […]
What the Sunrise Will Show
What the Sunrise Will Show A storm blew in late last night, dropping trees and powerlines and sweeping the porch of all chairs, bowls, and benches. At 5 a.m. I took a short walk to take stock of the yard and barnyard areas before returning to my desk to type this post. Now, waiting for […]
Toxic Loans Around the World Weigh on Global Growth
Toxic Loans Around the World Weigh on Global Growth Preface. Obviously endless growth on a finite planet is impossible. Clearly the main “benefit” of debt is being able to rape and pillage the planet immediately. The accumulating debt can never be paid off, because energy is required to grow GDP (they’re locked in a death […]
