Governance
by Daniel Wortel-London
A chapter in the U.S. Code entitled “Statements to accompany significant regulatory actions” contains a critical directive. It declares that any notice of proposed rulemaking by a federal agency that may result in expenditures of $100,000,000 or more must be accompanied by an estimate of that rule’s effect on economic growth.
Take out your editor’s pen. Imagine amending this code by replacing “economic growth” with “economic stability.” How might this simple change transform the purpose and operation of federal laws?
by Daniel Wortel-London
The economy of the USA, like that of any other nation, depends on natural resources—minerals, timber, fossil fuels, land, and a host of other renewable and nonrenewable assets. It couldn’t function without these resources any more than you or I could survive without air. So you’d think that determining whether our country’s demand for natural resources exceeds the environment’s supply would be of the greatest importance to politicians.
The post Who Tallies the Resources? appeared first on Center for the Advancement of the Steady State Economy.
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.