Moving Toward an Ecological Infrastructure. Part III: Ecological Transformation

An ecological society will require some basic changes in the way we live. Most analyses of climate change are about disruptions leading to untenable future conditions. Specific reductions in carbon emissions will require transformation of economic infrastructure, which is rarely discussed. To stabilize global temperature, return to 350 parts per million of CO2 in the … More Moving Toward an Ecological Infrastructure. Part III: Ecological Transformation

Moving Toward an Ecological Infrastructure. Part II: Infrastructure of an Ecological Economy

Almost everyone agrees that much of America’s infrastructure (highways, bridges, electrical grid, power plants, etc.) is in desperate need of repair or replacement. Economic ideologists of corporate “free enterprise” oppose public investment as they attempt to drive corporate taxes to near zero. Nevertheless, we must find a way to move beyond these old powerful forces … More Moving Toward an Ecological Infrastructure. Part II: Infrastructure of an Ecological Economy

Moving Toward an Ecological Infrastructure. Part I: From Growth to Development

Economists are often confused by their own wallowing in esoteric but useless mathematical formulations of unquantifiable human complexities. But we just can’t afford their foolishness anymore. Investment in infrastructure is desperately needed, but not by merely restoring the infrastructure of the old growth economy. That needs to be replaced by a new viable infrastructure for … More Moving Toward an Ecological Infrastructure. Part I: From Growth to Development

Making Money: The Ultimate Illusion of a Debt-Driven Economy

How is money made? Well, in conventional terms we work for it. But where does it come from? We know that the economy needs a sufficient “money supply” so we can exchange “goods and services” every day. Of course, it’s not that simple. After the “Great Recession” of 2008, the Federal Reserve injected hundreds of … More Making Money: The Ultimate Illusion of a Debt-Driven Economy

How to Change the Economic Culture…and Save the Planet

It’s pretty clear that the corporate state is in control of the economic culture of the U.S. and that of most other nations as well. As environmentalists try to get enough attention to explain what is obvious about climate change, the scientific information is minimized, suppressed, or distorted.  We’re told that the best solutions to … More How to Change the Economic Culture…and Save the Planet

Why a Return to Progressive Taxation is necessary…and Right

The accelerating concentration of income and wealth in the upper 1% of the upper 1% of the population and the failure of the “growth” economy to serve the population that supports it, are not only moral questions of fairness. The distribution of income and wealth are also important elements of the health of the economy … More Why a Return to Progressive Taxation is necessary…and Right

Two Kinds of Development

When we think of “development,” it is usually about economic development of the so-called “developing nations,” that is, nations whose economies have not caught up with the “advanced” industrial nations of North America and Europe. Without question, the most advanced technology and its application to the full range of industrial processes, from extraction to product … More Two Kinds of Development

The Liberal Conservative and the Conservative Liberal

Political labels along the supposed continuum from left to right have always been problematic for me. As a professor long ago explained to us naïve freshmen in an introductory political science class in college, if you move far enough to the left, you end up on the right and if you move far enough to … More The Liberal Conservative and the Conservative Liberal