Tag Archives: Local economy

Life in a ‘Degrowth’ Economy and Why You might Actually Enjoy It

Life in a ‘Degrowth’ Economy and Why You might Actually Enjoy It
What does genuine economic progress look like? The orthodox answer is that a bigger economy is always better, but this idea is increasingly strained by the knowledge that, on a finite planet, the economy can’t grow for ever. What is a steady-state economy? Why it is it desirable or necessary? And what would it be like to live in? By Samuel Alexander in TheConversation.com (October, 2014) The global predicament We used to live on a planet ... Read more

Saving American Cities

Saving American Cities
So we've talked about before about what the Fed could do in terms of trying to force banks to invest more in the economy. They've been shoveling money to the big banks to keep them liquid. Of course, it's done far more than just keep them liquid. They've used all this money and they've been making a killing, a killing, record profits. But the question is: why aren't they doing more for the basic economy? And one would think one could start ... Read more