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Category Archives: Green Economy
Capital, Debt, and Alchemy
“Capital,” said Nobel chemist and pioneer ecological economist Frederick Soddy,”merely means unearned income divided by the rate of interest and multiplied by 100.”
Tagged economics, green economy, society
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To finance change, finance has to change
In an era of growing worldwide disdain at any mention of their ilk, did you ever wonder how bankers might feel? Would you believe that there are some amongst them who put central focus on ethical values?
Back to the Land
I have been away from my blog for a while because of tidying up a typescript for my new book called The Bioregional Economy: Life, Liberty and the Pursuit of Happiness. As I’ve been writing it I have leaned more and more on Polanyi who, it seems to me, is the economist for our times.
Tagged economics, green economy, politics
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The Influence of Donella Meadows and the Limits to Growth
“There are no limits to growth and human progress when men and women are free to follow their dreams.” This cornucopian quote sounds like something a Disney character would say, but it’s actually chiseled in stone on a monument in the heart of Washington, DC.
Tagged economics, growth, society, Systems Thinking
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Economic Theology: Angels Dancing on the Head of a Pin
There’s an old question in theology: “How many angels can dance on the head of a pin?” The supposed answer is “as many as you like.” A pin is a physical object, whereas angels are non-corporeal beings.
Tagged economics, green economy, Ideology
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Deceptionomics
This March, at the Environmental Film Festival in Washington, DC, I saw a documentary on the destruction of the Aral Sea in Kazakhstan, once the world’s fourth-largest inland lake. Soviet planners and decision makers fifty years ago decided to divert the two main tributary rivers of the Aral to grow cotton.
Tagged economics, green economy, politics
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Nuclear Industry Provides Object Lesson
A year on from the Japanese tsunami I would like to think about how the consequent disaster at the Fukushima nuclear plant is something of a parable of the problem of increasing scale without rethinking design.
Tagged economics, energy, fukushima, nuclear
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Viva La Décroissance!
Those of us who advocate the steady state economy get a lot of flak from a lot of folks: Wall Streeters, politicians, and neoclassical economists to name some of the prominent groups. In fact, these three groups make up the “iron triangle” surrounding the economic policy table.
Tagged economics, green economy, politics
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