Posts


Guess What Has Decoupled from Economic Growth?

by Greg Mikkelson

Something new and troubling is happening as economies grow across much of the globe. In contrast to prior decades, when human health improved as global GDP swelled, the link to health progress has been broken. No longer is economic growth delivering a health dividend, it seems.

Meanwhile, another metric, the health of the environment, has continued to deteriorate with economic growth. We now face a  “ghastly” global environmental crisis,


Limits to Wealth = Limits to Growth

by Daniel Wortel-London

Inequality threatens people and planet alike. Billions struggle to make ends meet while a tiny minority grows fabulously wealthy. At the same time, the conspicuous consumption of the wealthy and the waste they generate takes an enormous environmental toll. The intertwining of social and environmental damage suggests that standard fixes for inequality are inadequate.

Herman Daly thought that waste from the wealthy could not be ended through redistributive taxation alone.


COP15: The Good, the Bad, and the Smugly

by Brian Czech

On a scale of one to ten, COP15—the UN Biodiversity Conference in Montreal last month—was a solid five. That may not sound like a ringing endorsement, but it represents significant progress from prior COPs, which dabbled along in the one or two range for the better part of three decades. The progress was evident from the start, when UN Secretary General António Guterres kicked off the conference by noting,


A Primer on Economic Growth and Biodiversity Conservation for COP15

by Brian Czech

With COP15 coming up, it’s time to don the old conservation biologist hat and proffer a primer on the relationship between economic growth and biodiversity conservation. The last thing we want is a COP15 devoid of discussion about the fundamental conflict between growing the economy and conserving biodiversity. In fact, the 800-pound gorilla—GDP growth—ought to be front and center.

For the uninitiated, COP15 is the UN Biodiversity Conference,


In Commemoration: A Sampling of Herman Daly

by Herman Daly (posthumously) — Introduction by Brian Czech

Given the recent, tragic passing of Herman Daly, we allocate this week’s Steady State Herald to the wise words of Daly himself. From 2010-2018, Herman was a regular contributor to The Daly News, CASSE’s blog before the Herald was launched. (Herman’s modesty almost prevented us from naming the blog after him, but he was outnumbered by CASSE staff and board,


Ukraine: Putin’s Lebensraum

by Brian Czech

People tend to think of Russia as a wide-open country with plenty of space for economic growth. While it may take days to ride the trans-Siberian railway, any notion of an empty Russia is as antiquated as Dr. Zhivago. European Russia, especially, has been cultivated, harvested, logged, mined, fished, and “developed” to the gills with roads, bridges, railways, power lines, pipelines, grids, towers, cables, dams, and canals connecting every industry under the sun to thousands of towns and cities plus tens of thousands of villages.


The GPI Act: Genuine Indication of Progress?

by James Lamont

On July 30 the Genuine Progress Indicator (GPI) Act was introduced in Congress by U.S. House Representative Ilhan Omar (D-MN). The GPI would indicate the net benefit of economic activity, as an alternative to Gross Domestic Product (GDP). It would be used in the economic and budgetary reporting of federal agencies and government offices.

For me, the timing was remarkable, as July 30 was the very day I signed on with CASSE.


CO2 Emissions: Accounting for Accountability

by Taylor Lange

In my very first graduate statistics course, the professor often cautioned us about data collection: “Garbage in, Garbage out.” What she said, in no uncertain terms, was that mistakes in the measurement or methodology would invalidate our statistical analyses. I’ve consistently reminded myself of this mantra. My colleagues, students, and I double check the sources and methodology behind any data we’re testing. If we aren’t entirely confident in the integrity of the data,


Is the Steady State Progressive?

by Brian Snyder

Karl Marx thought of history as progressive, moving from aristocracy to bourgeois capitalism to socialist revolution to communist utopia. While neoclassical economists such as Alan Greenspan and Paul Romer might not agree with Marx on much, they do agree that history tends toward progress. Today, nearly everyone on the political left and much of the political right is “historically progressive,” even if politically conservative. They all seem to believe that our children will inherit a more prosperous,


The Meat of the Matter: Diet, Climate, and the Steady State Economy

by Haley Demircan

The saying “you are what you eat” is clearly true to a great extent, but there’s more to the story. The food we consume not only affects our being directly, but also the environment and the economy—and therefore us indirectly as well. Eating more vegetables and less meat and dairy is better for the health of most individuals here and now, and certainly for the health of the planet, now and for the long run.