In this book, Kerryn Higgs traces the rise of economic growth to the status of the number one goal of nations, and how this pernicious idea prevailed over carefully reasoned counter-arguments through well-funded, carefully orchestrated propaganda. Its a kick in the head for those of us who believe in the persuasive power of reasoned argument.
From The New Left Review: If fidelity to GDP growth amounts to the religion of the modern world, then Herman Daly surely counts as a leading heretic. Benjamin Kunkel interviews the preeminent figure in ecological economics, and the author of perhaps the most fundamental and eloquently logical case against endless economic growth that’s yet produced.
Jonathan Rutherford writes: Reducing societal consumption –degrowing the economy– need not necessarily result in chaotic economic breakdown. This is indeed an inevitable outcome within our present economic system, but possibly not others. What then would be required to contract the economy, in an orderly and fair way? A possible answer, from the ‘Simpler Way’ perspective.
The pioneering American economist who helped found the discipline of Ecological Economics, and presently a leading theorist of ‘steady-state economics’, muses on Pope Francis’ ground-breaking encyclical on environment and justice. “At a minimum, he’s given us a more truthful, informed, and courageous analysis of the environmental and moral crisis than have our secular political leaders.”
Will Tesla’s home battery really transform our energy infrastructure? The Guardian UK “The goal is complete transformation of the entire energy infrastructure of the world,” Tesla founder Elon Musk told reporters as he launched the electric car company’s new home power storage battery. “This is actually within the power of humanity to do. It is
Trader Who Scored $100 Million Payday Bets Shale Is Dud From Bloomberg News Andy Hall, who was once awarded a $100 million trading bonus, has not seen his good fortune carry over to his bet on shale. How Did Oil Make a Comeback? Michael T. Klare, The Nation Just five years ago, experts were predicting