County Sustainability Group – promoting a sustainable prince edward county
COVID-19 has done in a deadly way what steady-state economists would prescribe in a healthy way: putting the brakes on a runaway economy. In fact, the pandemic has slammed on the brakes and jammed the GDP gearstick into reverse. It has ushered us into a recession that will be pronounced and protracted. In a COVID-caused recession, it’s nature at bat, not the Fed.
In these dark times, any source of comfort is welcome. Steady-state economists offer one of the only economic comforts to be found, a bona fide silver lining that warrants inspection by the mainstream media, public, and policymakers. There are three qualifiers. First, the silver lining is mostly macroeconomic, not micro. In fact, it is so big-picture we might call it supra-economic as it transcends the standard economic indicators. Continue reading
NATIONAL GEOGRAPHIC ARTICLES – The Coronavirus Pandemic
The Future We Choose: Surviving the Climate Crisis by Christiana Figueres and Tom Rivett-Carnac
Based on NOAA’s 140-year climate record, 2019 is the second-hottest year on Earth, after 2016. In their book, The Future We Choose: Surviving the Climate Crisis (Knopf 2020), Christiana Figueres and Tom Rivett-Carnac, architects of the 2015 Paris Climate Agreement, remind us that we live in a critical decade. If we the people of Earth fail to attain our goal of halving our carbon emissions by 2030, it would be highly unlikely that we will attain net zero emissions by 2050.
They invite us “to take part in creating the future of humanity, confident that despite the seemingly daunting nature of the challenge, collectively we have what it takes to address climate change now” (xxi).
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