growth

Casaubon's Book

Tag archives for growth

New EIA Data

The EIA, unlike the IEA, has been strident in its dismissal of peak oil. But the data that the EIA publishes tells a very different story than the one it wants us to hear. Gail the Actuary has a really good analysis up at the Oil Drum.. The essential message – that crude oil production…

Jim Kunstler On Occupy Everything

It was interesting to me that my comments that protesting the economy without also including elements of economic protest were taken to mean “I think Occupy Wall Street is bad.” I still think that to be genuinely effective, protests of capitalism have to take into account what will replace it – and our own implication…

I have a pretty good track record on the economic crisis. In 2007, I pointed out that the “slowdown” that people were saying was absolutely not a recession, was, in fact, a recession. In 2008, I pointed out that most major economic downturns of the past century haven’t been very brief – although technically the…

Reinventing the Informal Economy

As I gear up to finish my Adapting-in-Place book, I’ve been thinking a lot about the role of the informal economy in supporting a culture that can’t keep growing and consuming resources at the same rate. As those of you who have been following my work for a while know, the informal economy represents the…

Interesting query and discussion at Martin Wolf’s blog about how economics came to conflate natural resources and capital, and whether it should continue to do so. You’ll want to read the comments too! The idea that land and capital are the same thing is evidently ludicrous. It requires us to believe that the economic machine…

The New Economic Foundation’s Report on the infeasibility of continued economic growth is yet another bit of analysis that points out the obvious – we have radically overdrawn our resources and that has consequences. One of them is that we can’t draw down natural resources infinitely. The other is that infinite economic growth is (duh)…