steady state economics
illconsidered | June 17, 2009Via MT, I came across a most excellent and interesting essay by Herman Daly on the Oil Drum (one of those great and meaty blogs that I only wich I had the time to read everything on!)
The subject is how to establish a steady state economy versus the current paradigm based on the fantasy of eternal growth. The reason you should read it is because it is not your usual Utopian hand wave about what a perfect world would be like, it is a specific set of policy prescriptions.
Worth your time!