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Tag Archives: growth
Review of Collision Course (Endless Growth on a Finite Planet)
Review of Collision Course (Endless Growth on a Finite Planet) Kerryn Higgs, MIT Press, Cambridge, MA, 2014 This informative book is about the rise of economic growth to the status of the number one goal of nations; the short-lived challenge to that dogma from the book The Limits to Growth (1972); the solidity of the Limits position as confirmed by […]
If We’re Going To Borrow Against The Future, Let’s Borrow To Invest
If We’re Going To Borrow Against The Future, Let’s Borrow To Invest The are much better ways to spend the next $1 Trillion We are at an important juncture as a global society: either we immediately prioritize a new trajectory focused on creating a positive, functional future or — by continuing the consumptive, extractive, exploitative status […]
China Is A Monumental Economic Trainwreck—–The Evidence Is Mounting Rapidly
China Is A Monumental Economic Trainwreck—–The Evidence Is Mounting Rapidly How Fast is China Growing? Analyst estimates of Chinese growth keep getting lower and lower. Yet, those declining estimates have all been from a lofty level: From 10% to 9%, to 8% to 7.5%. China’s growth target for 2015 is 7.0%. Many question those growth […]
The Global Problem: Monetary Policy Can’t Fix an Economy’s Structural Problems
The Global Problem: Monetary Policy Can’t Fix an Economy’s Structural Problems When we look back from 2025, it will be painfully obvious that central bank policies exacerbated the systemic crises that brought down the global financialization machine. What with all the praise being heaped on central banks for “saving” the world from economic doomsday in […]
The Degrowth Alternative
The Degrowth Alternative Both the name and the theory of degrowth aim explicitly to repoliticize environmentalism. Sustainable development and its more recent reincarnation “green growth” depoliticize genuine political antagonisms between alternative visions for the future. They render environmental problems technical, promising win-win solutions and the impossible goal of perpetuating economic growth without harming the environment. […]
What the Heck Is Happening to US Manufacturing?
What the Heck Is Happening to US Manufacturing? The worst month in the Southeast since the Financial Crisis. Despite President Obama’s emphatic assurances in the State of the Union Address that “our economy is growing and creating jobs at the fastest pace since 1999,” there have recently been some uncomfortable squiggles, so to speak. The collapse […]
A Quick Sanity Check
A Quick Sanity Check A cautionary reminder of where we are in this story Sometimes it pays to step way back and look at things from a high level. In response to the 2008 crisis, the world’s major central banks pumped an unprecedented amount of monetary stimulus into the system — all in the name […]
IMF cuts global growth outlook, calls for accommodative policy
IMF cuts global growth outlook, calls for accommodative policy BEIJING (Reuters) – The International Monetary Fund lowered its forecast for global economic growth in 2015, and called on Tuesday for governments and central banks to pursue accommodative monetary policies and structural reforms to support growth. Global growth is projected at 3.5 percent for 2015 and 3.7 […]
The End Of The World Of Finance As We Know It
The End Of The World Of Finance As We Know It I’ve said before, and quite a while ago too, – more than once-, that the world of investing as we’ve come to know it is over. It’s still as true as it was then, and I can only hope that more people today understand […]
Fossil Fuel Use is Limited by Climate, if Not by Resources.
Fossil Fuel Use is Limited by Climate, if Not by Resources. We appear to be living in rather peculiar and unsettling times. A year ago, discussions and fears were over the high oil price, which until September 2014, had been above $100 a barrel http://uk.reuters.com/article/2014/09/09/markets-oil-idUKL3N0RA1L220140909. The price rose to $115 in June 2014, but has subsequently […]
We Must Start Digging Our Way Out of Canada’s Mining Dilemma
We Must Start Digging Our Way Out of Canada’s Mining Dilemma It sometimes seems people in the mining and fossil fuel industries — along with their government promoters — don’t believe in the future. What else could explain the mad rush to extract and use up the Earth’s resources as quickly and wastefully as possible? […]
The central contradiction in the modern outlook: ‘Planet of the Apes’ vs ‘2001: A Space Odyssey’
The central contradiction in the modern outlook: ‘Planet of the Apes’ vs ‘2001: A Space Odyssey’ When talking about the perils of climate change or resource depletion, soil degradation or fisheries collapse, water pollution or nuclear waste–how annoying it is to have one listener respond dismissively, “They’ll figure something out. They always have.” It’s a […]
SUBURBAN SPRAWL DOESN’T HAVE TO BE ECOLOGICALLY DEVASTATING
SUBURBAN SPRAWL DOESN’T HAVE TO BE ECOLOGICALLY DEVASTATING As development gobbles up open space, conservationists take a fresh look at subdivisions with biodiversity in mind. Fort Collins, Colo., is a growing, vibrant college town with a typical American problem: Beyond its idyllic historic city center, cookie-cutter subdivisions are eating away at farm fields, ranches and […]
