Limits to Growth
Growth and Free Trade: Brain-Dead Dogmas Still Kicking Hard
Submitted by Dan Thompson on Mon, 02/06/2012 - 4:30pm
Author:
Herman Daly There are two dogmas that neoclassical economists must never publicly doubt lest they be defrocked by their professional priesthood: first, that growth in GDP is always good and is the solution to most problems; second, that free international trade is mutually beneficial thanks to the growth-promoting principle of comparative advantage. These two cracked pillars “support” nearly all the policy advice given by mainstream economists to governments.
A Systems Approach to Financial Reform
Submitted by Dan Thompson on Mon, 01/23/2012 - 5:29pm
Author:
John Fullerton I spoke last Thursday at the Congressional Progressive Caucus Policy Summit in Baltimore on how our work at Capital Institute might have relevance to the 2012 Congress’s financial reform agenda. These are the hopes I shared for how policy could shape the Future of Finance:
Guest Post: Limits to Growth - Forty More Years?
Submitted by Jason Chang on Mon, 10/31/2011 - 12:40pm
Author:
Herman Daly From The Next Forty Years, Jorgen Randers, ed. (forthcoming)
Forty years ago when I read The Limits to Growth I already believed that growth in total resource use (population times per capita resource use) would stop within the next forty years. The modeling analysis of the Meadows’ team was a strong confirmation of that common-sense belief based on first principles going back at least to Malthus and earlier classical economists.
Guest Post: Mountebank Wins Nobel for Infinite Planet Theory (Humor)
By Rob Dietz
Few people have read the dense volumes published by the economist Milton Mountebank, but his work has affected you, me and every single person on the planet. Dr. Mountebank has revolutionized economic thought, and now he has been recognized for his singular efforts. Yesterday at a gala reception in Stockholm, Sweden, the chairman of Sveriges Riksbank, Peter Norborg, presented Dr. Mountebank with the Nobel Prize in Economics for his lifetime of work on infinite planet theory.
Guest Post: Mountebank Wins Nobel for Infinite Planet Theory (Humor)
Submitted by Jason Chang on Sun, 05/29/2011 - 11:53pm
Author:
Rob Dietz Few people have read the dense volumes published by the economist Milton Mountebank, but his work has affected you, me and every single person on the planet. Dr. Mountebank has revolutionized economic thought, and now he has been recognized for his singular efforts. Yesterday at a gala reception in Stockholm, Sweden, the chairman of Sveriges Riksbank, Peter Norborg, presented Dr. Mountebank with the Nobel Prize in Economics for his lifetime of work on infinite planet theory.
