Economic Growth

by Mark Cramer

Every four years, the Summer Olympics present a rare opportunity for friendly competition and collaboration among nations. The public has an opportunity to witness a myriad of sports that otherwise never make the headlines. Talented athletes get a rare chance to display their skills before an international audience.

The Olympics offer a venue for peaceful, international solidarity. Yet they also present a seemingly insurmountable ecological challenge. To begin with,

The post The Olympic Spirit: Friendly Competition or Unsustainable Growth? appeared first on Center for the Advancement of the Steady State Economy.

by Alix Underwood

Though it’s easy to lose sight of, with our language and culture and smartphones, Homo sapiens is an animal species that exists within natural ecosystems. All our activities, including our economic activities, take place within and depend upon these ecosystems. This is the starting point for the trophic theory of money (TTOM).

“Trophic” refers to the flow of nutrition and energy. In the economy of nature,

The post Rooted in the Earth: The Economy Needs Agriculture appeared first on Center for the Advancement of the Steady State Economy.

by Gary Gardner

People of a certain age will remember the tagline from the Lay’s potato chip jingle: “No one can eat just one!” Lay’s’ marketing campaign ran successfully for years because it carried a deep truth: The chips are eminently enjoyable, even addictive. Eating them involves a nonstop cycle—hand to bag to mouth—that repeats until the bag holds only air. At least that’s been my Lay’s experience.

The chips’ addictive character did not emerge from Lay’s skill in finding exceptionally tasty potatoes.

The post Recipe for Obesity: Ultraprocessed Foods and Economic Growth appeared first on Center for the Advancement of the Steady State Economy.

by Dave Rollo

Bayfield County, Wisconsin is situated on the shores of Lake Superior, the largest freshwater lake in the world by surface area. Deep in the heart of the Great Northwoods, the county is unique in its glaciated beauty. It also happens to be a rare example of a county in harmonious balance between its natural and constructed communities.

Bayfield County has been refreshingly free of growth controversies and displays key attributes that approach the characteristics of  a steady-state county.

The post The Steady State of Beautiful Bayfield County appeared first on Center for the Advancement of the Steady State Economy.

Editor’s Note

CASSE encourages members and readers to hold their government agencies to account on the conflict between economic growth and environmental protection. Last week, Brian Czech presented Gag-Ordered No More to the Canadian Association for the Club of Rome, concluding with recommendations for engaging agency directors. We follow up this week with a letter from the Qualicum Institute (British Columbia) to Canada’s Minister of Environment and Climate Change,

The post We Asked for Science. We Got Sustain-a-Babble. appeared first on Center for the Advancement of the Steady State Economy.

by Daniel Wortel-London

What U.S. federal agency is responsible for identifying and reducing the environmental and social costs of economic growth? None, really. The government has plenty of agencies and programs devoted to conservation, natural capital accounting, “green” industrial policy, and just transitions. But none address the elephant in the room: economic growth. Growth is what causes a nation’s ecological footprint to exceed its biocapacity.

by Dave Rollo

Imagine a landscape with some of the richest wildlife habitats in North America. Settlements are scarce and water is plentiful. Birds dot the skies, mammals abound on the ground, and fishes fill the rivers and lakes.

That’s Tippecanoe County, Indiana. In 1800.

The county’s transformation over the past two centuries would make it unrecognizable to its original inhabitants. Today, much of Tippecanoe consists of flat plains of fertile soils.

The post Water Theft in the Heartland: The Case of Tippecanoe County appeared first on Center for the Advancement of the Steady State Economy.

by Dave Rollo

It would be difficult to match the pastoral majesty of northwest Virginia, with its rolling hills covered in forests and prime farmland at the northern foot of the Blue Ridge Mountains. The region boasts the Shenandoah Valley to the west and Shenandoah National Park (SNP). Sitting at the eastern doorstep of the Park is Rappahannock County, part of the Piedmont region of the state,

The post <em>Keeping</em> the County Great: Rappahannock’s Steady State appeared first on Center for the Advancement of the Steady State Economy.

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,

The post Debt, Deficits, and Warranted Money appeared first on Center for the Advancement of the Steady State Economy.

by Dave Rollo

”Economic growth” is commonplace in the daily news. We assume it’s a good thing, that a 2–4 percent increase in GDP is beneficial to all. Likewise, we hear that our communities are growing, and we see a 2–4 percent increase in population as reasonable and benign. Meanwhile, visionary community leaders are busy planning for a steady feed of single-digit annual growth. So we’re in good hands, right?

But what the news reports miss is that any steady rate of growth is an exponential function that contains within it a knowable doubling time.

The post Envisioning a Steady-State Comprehensive Plan appeared first on Center for the Advancement of the Steady State Economy.