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Zero Carbon Sooner—Revised case for an early zero carbon target for the UK
Zero Carbon Sooner—Revised case for an early zero carbon target for the UK Cover image: Anthony Gormley’s ‘Another Place’ in Liverpool; photographed by Donald Judge / flickr.com (CC-BY 2.0); modified Summary This paper is an update of an earlier briefing note[1], revised to take account of new findings from the IPCC’s updated 6th Assessment Report (AR6). The broad […]
Billionaire space race: the ultimate symbol of capitalism’s flawed obsession with growth
Billionaire space race: the ultimate symbol of capitalism’s flawed obsession with growth Image: courtesy of Tom Leishman/pexels.com Mars ain’t the kind of place to raise your kids, laments the Rocket Man in Elton John’s timeless classic. In fact, it’s cold as hell. But that doesn’t seem to worry a new generation of space entrepreneurs intent […]
Beyond the Growth Imperative
Beyond the Growth Imperative For 30 years, environmental economist Tim Jackson has been at the fore of international debates on sustainability. Over a decade since his hugely influential Prosperity Without Growth, the world is both much changed – reeling from a pandemic and with unprecedented prominence for environmental issues – and maddeningly the same, still locked […]
The Transition to a Sustainable Prosperity—A Stock-Flow-Consistent Ecological Macroeconomic Model for Canada
The Transition to a Sustainable Prosperity—A Stock-Flow-Consistent Ecological Macroeconomic Model for Canada Sunset over Lake Ontario (CC.0) Lucas George Wendt / Unsplash Summary This paper presents a stock-flow consistent (SFC) macroeconomic simulation model for Canada. We use the model to generate three very different stories about the future of the Canadian economy, covering the half […]
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 […]
The Altruist Within: In pursuit of sustainability and justice in a broken financial system
The Altruist Within: In pursuit of sustainability and justice in a broken financial system This blog is an edited version of a keynote CUSP director Tim Jackson gave at the 2013 Sea of Faith Annual Conference in Leicester. In outlining the philosophical foundation of a different approach to economics, this essay speaks as much to the financial […]
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 […]
The Politics of Post-Growth
THE POLITICS OF POST-GROWTH The Post-Growth 2018 conference at the European Parliament marked a milestone in the history of the post-growth debate, which has predominately been contained within academic circles. In the first part of a two-part interview, Riccardo Mastini discusses the possibilities and challenges for imagining a world beyond growth with two key post-growth […]
How the light gets in
How the light gets in The science behind growth scepticism The Entropy Law still matters. CUSP director Tim Jackson responds to Michael Liebreich’s essay on the ‘The secret of eternal growth’. CC.0 :: ipicgr / pixabay.com It’s probably fitting that Michael Liebreich’s The Secret of Eternal Growth was published so close to Halloween. It’s so […]
Govt economic advisor warns British defence planners that growth is ending
Govt economic advisor warns British defence planners that growth is ending Study charts the protracted collapse of industrial economic growth and why prosperity must be built on a new economic model. And no, the Singularity won’t save us. Source: Art by Cornfreak Economic growth isn’t coming back. While some level of growth might continue in coming decades, […]
Tim Jackson: The High Price Of Growth
Tim Jackson: The High Price Of Growth A finite planet cannot sustain infinite economic growth Modern society is addicted to and engineered for perpetual economic growth. Now, a fourth-grader can tell you that nothing can grow forever, especially if you have finite resources. But that simple realization is eluding today’s central planners, despite multiplying evidence […]
Investment as a Commitment. Tim Jackson at the Summer School of the Club of Rome in Florence
Investment as a Commitment. Tim Jackson at the Summer School of the Club of Rome in Florence Tim Jackson speaks at the 1st Summer School of the Club of Rome in Florence, Sep, 2017 (image courtesy Daniel Reinhardt) There have been several interesting talks at the Summer School on Sustainability in Florence, but the one […]
Thriving Communities & the Solidarity Economy
Thriving Communities & the Solidarity Economy A green economy is not an end in itself. Rather, […] it is a means towards a shared and lasting prosperity. But what exactly does prosperity mean? We propose a definition of prosperity in terms of the capabilities that people have to flourish on a finite planet. It is […]
