Category Archives: Steady State Economy

PLEA Network

21 March 2020, CASSE blog, The Silver Lining of the COVID-Caused Recession is Supra-Economic. COVID-19 has done in a deadly way what steady-state economists would prescribe in a healthy way: putting the brakes on a runaway economy. In fact, the … Continue reading →

PLEA Network

17 January 2020, The Conversation, Take care when examining the economic impact of fires. GDP doesn’t tell the full story. Estimates of the economic damage caused by the bushfires are rolling in, some of them big and some unprecedented, as is the scale of the … Continue reading →

PLEA Network

9 August 2017 By Dr Haydn Washington for Dick Smith Fair Go,The Insanity of Endless Growth, . The world is faced with a predicament of grave enormity – yet one rarely spoken of. The United Nations (UN), almost all governments, business, and media and both the political Left and the Right are busy extolling (even praising) ‘endless growth’. Yet we live on a finite planet, so clearly endless physical growth is impossible, unsustainable and, in fact, insane. I often give public talks on sustainability and ask the audience: ‘On a finite planet who thinks we can keep growing physically forever?’ Nobody raises their hands. So why then is our economy and society based on what many individually know is impossible? An excellent question – but one hardly ever asked in mainstream economics (Daly, 2014). Even the UN forgets to ask the question – and to answer it.    Read More here

PLEA Network

8 March 2017, BIEN, Stanford Panel: What do people do when they are given cash with no strings attached? The Stanford University Philosophy Department organized the first in a series of events focusing on aspects of unconditional basic income. Facilitated by Juliana Uhuru Bidadanure, Assistant Professor in the Philosophy Department of Stanford University, with an affiliation to the McCoy Center for Ethics in Society, the panel consisted of researchers in pilots and experiments of basic income: Guy Standing (Professorial Research Associate at SOAS, University of London; BIEN co-founder), Elizabeth Rhodes (Research Director of Y Combinator’s basic income experiment), and Joe Huston (Regional Director at GiveDirectly). The  Bidadanure opened by setting a definition for unconditional basic income: cash, given individually, unconditionally, and universally, so people can enter an existence free from economic insecurity. She flagged some of the most common concerns around a universal income policy –too many people will withdraw from the work force, or it can be wasteful, taking away from government investments in poverty, education, roads, etc. topic for the panel discussion was “What do people do when they are given cash with no strings attached?” Read More here