Tag Archives steady state economy

How can policymakers be persuaded to abandon the most widespread public policy goal on Earth? In our last episode, Brian Czech explained that economic growth cannot be sustained perpetually on a finite planet. This episode continues that conversation with the conservation biologist and economics expert. Here, he explains why pro-growth economists proliferate, and offers his prescription for making the shift to a steady state economy. Brian Czech is founder and president of the Center for the Advancement of the Steady…

Economic growth is the number one public policy goal around the world, yet our pursuit of growth is “pulling out the rug from our own kids’ and grandkids’ future,” according to Brian Czech, founder and president of the Center for the Advancement of the Steady State Economy. He wants us to understand economic growth is physically impossible to sustain on a finite planet, it’s depleting nonrenewable natural resources and degrading or eliminating crucial habitat for other species. Czech authored Shoveling…

Robust economic growth has become the Holy Grail of public policy and politics. But some economists and many scientists have come to believe growth has become “uneconomic." Former World Bank Senior Economist Herman Daly explains this in terms we can all understand. The economy is a sub-system of a larger system. The larger system being the biosphere, the environment. The biosphere is finite, non-growing, materially closed. We get a flow of solar energy coming in, but it's not growing, either.…

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