economic growth
Kenneth Boulding’s Three Laws of the Dismal Science
I consider myself a highly optimistic person, so I like to temper my optimism by reading through economist Kenneth Boulding’s three laws from time to time. Boulding once said, “Anyone who thinks that steady growth can continue indefinitely, is either a madman or an economist.”
entering the Last Hours of Ancient Sunlight
As of September 2008 we’ve officially entered the end of the oil age. Our economic system based on infinite growth has run into the limits of the physical world. Now that our social systems must rapidly adapt to a new reality of energy scarcity, we must pay special attention to the humans within those [...]
China’s growth comes under question
Much like the rest of the world economy right now, China’s economy growth is propped up by a massive stimulus. The drive for incessant GDP growth has led to the development of a city where no one lives developed by the coal millionaires,
Economics as if the World Mattered
The rise of a new economics. That is what McKibben succeeds in describing through Deep Economy. After years of the ‘Cult of Growth’ dominating modern US politics, the Vermont environmental writer argues that its time we invest in our communities. Perhaps the wonders of globalization argued for by the likes of Friedman, Krugman [...]
