Endless growth is a luxury we literally can’t afford. Here’s why the path to true prosperity requires local communities to opt out of an economy of greed and bring decision-making back home.
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Duncan's approach -- and the bipartisan approach of others who would shower money on our current system -- can only make our fragility problem worse. This thinking scares me.
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If the global economy is like a hot air balloon, we're only given the option to continually go higher -- despite the risk -- or cut all the air and crash. Those options aren't good enough.
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After listening to the lecture series Redefining Reality: The Intellectual Implications of Modern Science, Chuck has some questions about whether or not modern economics, with it's Keynesian paradigm, is stuck at the Newtonian phase and is in need of an Einstein.
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Our reaction to the pain of economic change explains a large part of how we got to where we are today and, for better or for worse, how we can start to work our way out of this mess.
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