TipTop Search Engine Trapit SUBSCRIBE Subscribing to JAFSCD is Simple! Just pick your annual membership category and follow the registration instructions. You can pay by PayPal or credit card, or pay by check using our order form. You can also request to be invoiced by filling out and returning the order form. 25% Discount Offer JAFSCD is already a bargain, but you can get an even better deal when you join AgDevOnline FIRST, a community of practice website for food system and agriculture development professionals. Pockets Guzzle.it RWER issue 57: Ted Trainer For 50 years literature has been accumulating pointing out the contradiction between the pursuit of economic growth and ecological sustainability, although this has had negligible impact on economic theory or practice. A few, notably Herman Daly (2008), have continued to attempt to get the notion of a steady-state economy onto the agenda but it has only been in the last few years that discussion has begun to gain momentum. Jackson’s Prosperity Without Growth(200) has been widely recognised, there is now a substantial European ”De-growth” movement (Latouche, 2007), and CASSE (2010) has emerged. The argument in this paper is that the implications of a steady-state economy have not been understood at all well, especially by its advocates. Most proceed as if we can and should eliminate the growth element of the present economy while leaving the rest more or less as it is. The “limits to growth” case: An outline The following points drive home the magnitude of the overshoot.
Follow live conversations from Twitter and Facebook on Tinker.co Curated.by - Twitter Limits to Keynesianism Last week in the FT Martin Wolf sounded a Keynesian battle cry, passionately urging governments to redouble their efforts to use cheap funds to raise future wealth and so improve the fiscal position in the long run: It is inconceivable that creditworthy governments would be unable to earn a return well above their negligible costs of borrowing, by investing in physical and human assets, on their own or together with the private sector. Equally, it is inconceivable that government borrowings designed to accelerate a reduction in the overhang of private debt, recapitalise banks and forestall an immediate collapse in spending cannot earn a return far above costs. Mr Wolf is of course incorrect. What has the United States won for itself, after a decade of Keynesian largesse and cheap money policy? But the greatest flaw with Keynesianism now is that, like the economy itself, it has run squarely into the energy limit. –Gregor
Listorious: Twitter people search and lists directory News - Evri Who Will Eclipse America? - Simon Johnson Exit from comment view mode. Click to hide this space WASHINGTON, DC – According to Voltaire, the Roman Empire fell “because all things fall.” Contemporary commenters despaired of the Roman Empire for several hundred years before it finally collapsed. In terms of providing an essential structure for discussion of this problem, Arvind Subramanian’s new book, Eclipse: Living in the Shadow of China’s Economic Dominance, is a major contribution. In particular, Subramanian develops an index of economic dominance that should become a focus of conversation anywhere that people want to think about changes in world economic leadership. The basic facts are incontrovertible. The US surpassed the UK in terms of industrial production as early as the end of the nineteenth century, but that was not enough to tip the balance. At the same time, emerging-market countries’ per capita income has risen – as has their international role. A few years ago, some regarded Japan as having overtaken the US.
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