Brian Czech

by Brian Czech

Steady State Herald readers are familiar with the theory that money originates from an agricultural surplus that frees hands for the division of labor—and thenceforth the exchanging of money. This trophic theory of money (TTOM) helps us understand not only the historical origins of money, such as in Mesopotamia (the “Cradle of Cash”), but also the annual origins of “warranted money” in the grain belts of the world.

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by Brian Czech

Perhaps you’ve heard: Autocracy is on the march. Not just in the obvious places like Russia, China, and North Korea. Democracy has been declining throughout the world for decades, sometimes gradually, sometimes suddenly, but invariably replaced by autocratic tendencies, politicians, and states.

What’s going on in places as far-flung as Hungary, Myanmar, and Nicaragua? Why, after the lessons of world wars, the Cold War,

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by Brian Czech

Promulgating the steady state economy via federal legislation has long been a primary goal at CASSE. However, even a primary goal isn’t necessarily pursued from the get-go. Much of the CASSE run thus far has been focused on raising awareness of the need for a steady state economy. Raising such awareness was even higher on the list of goals, because drafting statutory law is of limited use if there is no knowledge of the need for it.

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by Brian Czech

If you recognize the damages done by a bloating economy, you’ll be alarmed by the global GDP meter, which hit the existentially menacing threshold of $100 trillion in 2022. If that doesn’t give you a dose of distress, try the global debt clock. Then, for a dizzying dose indeed, check the casino-like combination of debt and GDP maintained by “US Debt Clock.”

Almost all readers,

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Editor’s note: This essay originally appeared December 23, 2020 and is slightly modified.

by Brian Czech

With Christmas two weeks out, folks are making tough decisions about Christmas presents. The public is rattled by inflation, credit card debt is through the roof, and gift-giving is a real strain for many. My advice for anyone stressing out over Christmas presents is simple:  Take a break from the shopping!

The post Christ Didn’t Shop for Christmas Presents (Much Less Jets and Guns) appeared first on Center for the Advancement of the Steady State Economy.

[Editor’s Note: The Steady State Press has a new title. Gag-Ordered No More: The 800-Pound Gorilla in the U.S. Government (by Brian Czech) has gone to print. If the preface isn’t enough to whet your literary appetite, see the blurbs on the back cover (embedded below). And, be one of the first to order the book.]

Preface: They Wanted Me Out; Now I’m Out

They say the ironies never cease.

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by Brian Czech

When the name “Putin” is uttered—from now until the end of human utterance—the first thing that should come to mind is hundreds of thousands (and counting) of dead and wounded. Putin has turned a verdant, peace-seeking country into a hell-scape of suffering, including starvation. Let’s not overlook the Ukrainian casualties, now or ever.

Now, Putin is taking an even deeper stride into the annals of infamy by orchestrating one of the most despicable episodes of wanton waste in history: his attack on Ukrainian grain stocks and infrastructure.

by Brian Czech

Limits to growth are all around us. Global heating, resource shortages, and biodiversity collapse are linked at the hip with stagnating productivity, inflation, and crippling debt. Little by little, citizens and politicians are waking up to ecological limits and the economic linkages.

The awakening is painfully slow for those who have long lamented society’s obsession with growth. After all, economic growth entails a growing human population and ecological footprint,

The post Steady-State Talking Points for Democrats and Republicans appeared first on Center for the Advancement of the Steady State Economy.

by Brian Czech

The merits and proper uses of GDP—gross domestic product—have been debated with increasing frequency and intensity in recent years. Neoclassical economists continue to view a growing GDP as the sign of economic success and even social health. Conversely, ecologists who have studied the issue view a growing GDP as an alarming indicator of unsustainability at this point in history.

Meanwhile, a growing number of individuals and organizations in the post-growth community have proposed to eliminate GDP altogether,

The post Using GDP to Estimate the Limits to Growth appeared first on Center for the Advancement of the Steady State Economy.

by Brian Czech

Banks are macroeconomic mirrors. They reflect the activity of the real economy. If the economy is growing, so are the banks, starting with the Federal Reserve and its regional banks, all the way out to tiny First Michigan Bank, Oakwood Bank (the smallest bank in bank-laden Texas), and the patriotically named Citizens Bank of Americus (Georgia).

Not only do the banks,

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