Herman Daly on the Limiting Factor
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May 7, 2012, 10:15
Filed under: Uncategorized | Tags: economic growth, economics, endless growth, GDP, Herman Daly, neoclassical economics, Steady State Economics
Filed under: Uncategorized | Tags: economic growth, economics, endless growth, GDP, Herman Daly, neoclassical economics, Steady State Economics
The Church of Economic Growth sings louder as the brushfire of reality encircles the building.
…even though the benefits of further growth are now less than the costs, our decision-making elites have figured out how to keep the dwindling extra benefits for themselves, while “sharing” the exploding extra costs with the poor, the future, and other species.
via What Is the Limiting Factor? « Center for the Advancement of the Steady State Economy.
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Industrialized Cyclist Notepad 