Today I had the pleasure of seeing Professor Joseph Stiglitz speak on the topic of From Measuring Production to Measuring Well-Being, courtesy of the Economic Society of Australia. I became a fan of his following his timely defection from the World Bank as outlined in Greg Palast’s The Globalizer Who Came in from the Cold. I read this article in … Read More
Herman Daly – Scarcity Rents For All
photo credit: SvenDowideit Respected Ecological Economists Herman Daly writes in Modernizing Henry George: Economists have traditionally considered nature to be infinite relative to the economy, and therefore not scarce, and therefore properly priced at zero. But the biosphere is now scarce, and becoming more so every day as a result of growth of its large and dependent subsystem, the macro-economy. … Read More
Land Policy Failure Breeding Nationalism
photo credit: Maria Gertsovskaya From South Africa to Bolivia to here in Australia, the failure to approach land as a human right rather than a speculative kite is breeding dangerous undercurrents amongst those excluded from ‘the property game’. The young firebrand South African ANC youth leader Julius Malema again fired up the masses with these comments: “You need land to … Read More
Sustainability’s Transition Decade
Taking our lead from a superb weekend of discussions amongst a gamut of switched on thinkers at the Sustainable Living Festival, Karl Fitzgerald and Andy Moore presented the Renegade Economists live from the event. During the show we ran through a dream list of predictions for a Transition Decade to sustainability Listen to the show (right click to download) as … Read More
The Earth’s Worth
photo credit: sigmaman In Revenue Sharing – A Piece of the Pie John Cutfeet says: I recently heard an Elder say that we, as the First Peoples, were given resources by the Creator from which we can make a living. He said, “God gave us resources to use from our lands. Our people did commercial fishing where we sold fish … Read More