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Category Archives: National economy
Can banks create money out of thin air?
Download the full paper here Important empirical research done by Professor Richard Werner shows how banks create money.
The economy of the nation state is not a handbag
An article newly published in the New Statesman points out something that is clear to economists: a national economy is not the same as a household economy. Politicians [..]
Foundation proposes innovative approach to creating the circular economy, phosphorous emission-free society
STOCKHOLM APRIL 7th. Last month, the foundation together with a consortium of scientists and sustainability practitioners, including The Natural Step and The Stockholm Environmental Institute, submitted a project proposal to study Gotland as [..]
Climate scientist calls for rising carbon fee as economic solution
Writing in the Huffington Post, climate scientist Dr. James Hansen calls for a progressively rising tax on fossil carbon. This is a similar approach to the one proposed [..]
Flexible Fees applied to phosphorous and nitrogen
Inorganic phosphorus in the form of the phosphate PO3−4 is required for all known forms of life, playing a major role in biological molecules such as DNA and [..]
Power down and degrowth models show the possibilities.
Professor Peter Victor explores degrowth. Actually, if you divide work, tax carbon and redistribute fees to the people we all end up better. All 8 billion. Excellent work [..]
Flexible emission fees set new direction towards sustainable development?
A recent report from The Nordic Council of Ministers ( title: Flexible emission fees – An incentive for driving sustainable production and consumption) is optimistic that growth and environmental [..]
Bobby Kennedy saw the limitations of blindly pursuing economic growth 44 years ago
One of the more recent challengers to the GDP (growth) consensus was Robert F Kennedy. RFK’s speech was forty-four years ago yesterday. On 18 March 1968, RFK directly [..]
The dilemma
We are facing a dilemma: on the one hand we need to continue to ensure that our economy is sound, preferably with continued growth in the economy and [..]
Water depletion will negatively impact world economies: Richard Heinberg
Writing on the Energy Bulletin blog on March 4th, Richard Heinberg lays out the likely effects of the industrial growth economy on water supplies: depletion. And the effects [..]