Center for the Advancement of the Steady State Economy

13 Sep 2010

The most famous critic of economic growth may be economist Herman Daly, whose ideas have been taken up by the Center for the Advancement of the Steady State Economy (CASSE).

I fully support them—the only problem is, I’m worried that we won’t have a chance to aim for a steady state economy anytime soon. We may go from permanent growth to permanent shrinkage because of peak oil and other limits to growth.

But if CASSE’s ideas about the problems of growth, and how to build a steady-state economy might also be really helpful in a shrinking economy. My intuition is that conventional economics would go haywire in a shrinking economy, so I’m glad somebody is thinking about these things now, since it could help us plan for the future. Even if we don’t do much, just having these ideas on the shelf will be helpful if the economy starts permanently shrinking and politicians are casting about for ideas of what to do.


books I've read on failure & grace

The World Without Us
The Last Oil Shock: A Survival Guide to the Imminent Extinction of Petroleum Man
A Paradise Built in Hell: The Extraordinary Communities That Arise in Disaster
Hell and High Water: Global Warming--the Solution and the Politics--and What We Should Do
The Worst Hard Time: The Untold Story of Those Who Survived the Great American Dust Bowl
The Tipping Point
Three Cups of Tea: One Man's Mission to Promote Peace... One School at a Time
The Upside of Down: Catastrophe, Creativity and the Renewal of Civilization
Out of Poverty: What Works When Traditional Approaches Fail
The Little Ice Age: How Climate Made History, 1300-1850
Confessions of an Eco-Sinner: Tracking Down the Sources of My Stuff
Deep Economy: The Wealth of Communities and the Durable Future
The Geography of Bliss: One Grump's Search for the Happiest Places in the World

Mason's favorite books »