Tag: steady-state economy
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Trump’s National Security Strategy: Making America Greedy Again
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Warning: President Trump’s national security strategy is going to backfire like a shotgun plugged with mud. In one fell swoop, Trump called for: 1) Locking out foreigners; 2) Growing GDP as the key to national security, and; 3) Better terms of trade. Now many voters, going down the list, will promptly put a checkmark by…
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Life in a ‘Degrowth’ Economy, And Why You Might Actually Enjoy It
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What does genuine economic progress look like? The orthodox answer is that a bigger economy is always better, but this idea is increasingly strained by the knowledge that, on a finite planet, the economy can’t grow for ever. But what is a steady-state economy? Why it is it desirable or necessary? And what would it…