Yesterday, I posted about how investment in a network of local economies rather than one big central economy by the Obama Administration could provide not only a more sustainable paradigm but one that is more socially and economically stable. Think of the Internet. Instead of all our requests traveling through one gigantic central server, information […]
sustainable economics
Meet real needs, make sustainable products
Here’s a question: if the need for a product has to be created by the manufacturer, if aggressive marketing is required to convince people to buy the product, can the product, no matter how renewable its materials, really be called sustainable? Because isn’t using resources to make things we don’t even need the definition of […]
When economic growth isn’t progress
Policy makers and even the voting public make the mistake of thinking that growth in gross domestic product (GDP) is an indicator of societal progress. In reality, though, GDP is nothing but an indicator of national spending with no distinctions between those transactions that add to our well-being and those that diminish it. Chop the […]