Taking inspiration from economist James Tobin, the new UK campaign for a “Robin Hood Tax” is a great example of the type of social movement for economic reform we need across the world. A global Robin Hood tax is a crucial part of transition from a growth-based economy to one that is people-based. This type [...]
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The fall of the Berlin wall was a monumental event in history. Interestingly enough it acted as the end of a large-scale governance/economic experiment. Here we have two societies, each with similar backgrounds, but each with drastically different views of government and economics. On one side was placed a highly controlled society and on the [...]
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New Scientist‘s next three issues will follow up on what this week’s issue started: defining world problems and finding solutions. I have been continually impressed with New Scientist, from their articles on economic growth, endorsing the steady state economy, and their article about the nature of greed. I am one of the few Americans I [...]
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“We must do what we conceive to be the right thing and not bother our heads or burden our souls with whether we’re going to be successful.” – E F Schumacher In a previous post I discussed the scale of our economy. Economists have quite a bit to say about scale in microeconomics, or economics at [...]
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I have been trying to present simple, logical discussions showcasing why our growth economy cannot be sustained. So far we’ve discussed the principles of the steady state economy, ranging from sustainable scale to fair distribution to global climate change to population stability. Our addiction to growth is pushing forward global climate change and making scarce [...]
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I am writing this post in a somewhat balmy, 80-plus degrees in my house (at 10:30pm). In Seattle air conditioning in homes is nearly as unheard of as the robin is in the Inuit’s land. Of course, now that the robin is in the arctic the Inuit have to come up with a word for [...]
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