Herman Daly had a flair for stating the obvious. When an economy creates more costs than benefits, he called it “uneconomic growth.” But you won’t find that conclusion in economics textbooks. Even suggesting that economic growth could cost more than it’s worth can be seen as economic heresy. The renegade economist, known as the father […]
Recognizing the transformational potential of Indigenous-led conservation economies
Over the last decade, Canada has seen an increase in the number of initiatives to green or circularize the economy through sustainable development, as well as those that support and enhance Indigenous environmental leadership. Both projects are desperately needed given our rapid progress towards capitalist-driven climate catastrophe. Although there is interest in creating new economic […]
changing how we measure progress is key to tackling a world in crisis – three leading experts
It’s an odd quirk of history that, on the first day of his ill-fated presidential campaign in March 1968, Robert F Kennedy chose to talk to his audience about the limitations of gross domestic product* (GDP) – the world’s headline indicator of economic progress. It seems stranger still that, despite the power of that iconic […]