Downsides of Growth « Center for the Advancement of the Steady State Economy

this is from richard daly's website. I also have been looking into Marc Lavoie and Georgescu-Roegen.

Uneconomic Growth

Continuing to grow the economy when the costs are higher than the benefits is actually uneconomic growth.  The United Nations has classified five types of uneconomic growth:

• jobless growth, where the economy grows, but does not expand opportunities for employment;
• ruthless growth, where the proceeds of economic growth mostly benefit the rich;
• voiceless growth, where economic growth is not accompanied by extension of democracy or empowerment;
• rootless growth, where economic growth squashes people’s cultural identity; and
• futureless growth, where the present generation squanders resources needed by future generations.

The downsides of economic growth can be avoided by maintaining an optimal scale of the economy.

via steadystate.org

All In The Mind - About

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Dialogue with the Dalai Lama Part 1 of 3

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From the stage of the 2009 Mind and Its Potential conference, His Holiness the Dalai Lama joins All in the Mind's Natasha Mitchell in an extended conversation about the mind, science and much else. And, joining the dialogue in Parts 2 and 3 is the founder of the field of positive psychology Martin Seligman, leading Harvard evolutionary biologist Marc Hauser, and Buddhist scholar Alan Wallace.

Broadcast: 5 December 2009 | more details...

Dialogue with the Dalai Lama Part 2 of 3

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His Holiness the Dalai Lama joins All in the Mind's Natasha Mitchell and leading scholars in a dialogue about science, wellbeing and our moral minds. In Part 2 Harvard evolutionary biologist and author of Moral Minds Marc Hauser asks: does biology constrain our mind's potential and our moral capacity? Is there a place for moral outrage? Next week, founder of the field of positive psychology Martin Seligman and Buddhist scholar Alan Wallace join the fray.

Broadcast: 12 December 2009 | more details...

Dialogue with the Dalai Lama Part 3 of 3

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His Holiness the Dalai Lama joins All in the Mind's Natasha Mitchell and leading scholars in a dialogue about science and the self. In Part 3, founder of the field of positive psychology Martin Seligman and Buddhist scholar Alan Wallace consider with him what it takes to flourish...really flourish...individually and collectively.

Broadcast: 19 December 2009 | more details...

via abc.net.au

hooray.

McSweeney's monologue

a bit of linguistic airpickle.


Timothy McSweeney's Internet Tendency: I Am the Invisible Thing That Holds Together the Two Halves of a Compound Word.

Neologism of the Day

I skipped over this the first time I read it. A second later it hit me. Which Court?

"Congress had no authority, and even the Supine Court was unlikely to intervene in well settled real estate law" [src: naked capitalism]

Congressman Gray Got Chops

This is so clear even a banker could understand it.

Neologism of the Day

I skipped right past this the first time I read it. A second later it it hit me. Who? (from naked capitalism):

"Congress had no authority, and even the Supine Court was unlikely to intervene in well settled real estate law"

Foreclosure Frauud and the Nobel Prize

OK not foreclosure, just a little trademark infringement, in the spirit of the times....

The Economics Prize in memory of Alfred Nobel should be criticised on two grounds. First, it is a deceptive utilisation of the institution of the Nobel Prize and what it represents. Second, the economics prize is biased, in the sense that it one-sidedly rewards Western economic research and theory [...]

The Nobel committee of the Norwegian parliament (which selects the peace prize candidate) expressed serious misgivings [when the economics prize was proposed]. But a rapid decision was expected, apparently under pressure. Why? Riksbanken’s chief Per Åsbrink had close contacts within the government, and for the Nobel Foundation [ed:not the Nobel committee] it was vitally important to conserve its tax privileges.[...]

Von Euler, visited the family’s eldest, Martha Nobel, then 87 years old — with severely impaired hearing but intellectually in good form. They obtained her written approval of the economics prize “under given conditions,” namely that the new prize in all official documents and statements should be kept separated from the Nobel prize.[...]

There was no approval from the Nobel family as a whole. We were informed only much later.[...]

What has happened is an unparalleled example of successful trademark infringement."

This is from an official statement on Oct 11, 2010, from the Nobel family asking that it's name be dissociated from the so-called Nobel Prize in Economics, and that the Ceremonies for the two prizes be separated; as reported by Jorge Buzaglo via RWER.

Why the Republicans are Going to Win the Election

Why the Republicans are Going to Win the Election

the world as it is seems so far removed from the world as it should be

"..the world as it is seems so far removed from the world as it should be.."

Doesn't that just sum thing up so nicely. What things, you might ask? Take your pick.

"You see, right now the world as it is seems so far removed from the world as it should be that one can even start to doubt the usefulness of pondering the questions you're raising. As you said yourself, 'We're not yet even coming close to current policy recommendations, so what's the point of generating new recommendations?'"

Full quote is from a blog called "This Week's Finks in Mathematical Physics". If it sounds too heady, it ain't. No heavy lifting required. Here is the link: week303.