Religion is anti-life – we need to move on from it

We have to escape from the paradox of being alive, but death-loving; and embrace the paradox of loving life while understanding that we all must die.

Evolution Not Revolution

Achieving a sustainable world economy would be nothing less than a great step in human evolution, comparable with the mastery of fire or the development of settled agriculture as opposed to hunting and gathering. It concerns the whole world and needs to be tackled on a world, not just a national, basis.  ... Read more

Environment versus Economic Progress

The fierce conflicts between conservationists on one side and workers, industrialists, and some politicians on the other arise from a misconception.

Both parties in fact desire the same goal – economic well-being. But the latter and many of the former believe that environmental conservation and economic progress are conflicting aims, between which a balance or compromise must be found.  ... Read more

Another review of 1988 Edition of ‘Economics for a Round Earth’.

By Diana Massam, Secretary, Environmental Communicators’ Orgnanisation (UK)
In ‘Economics for a Round Earth’, Charles Pierce challenges previously accepted economic ideals and methods of management, as fundamentally flawed and outdated. He proposes drastic changes, but stresses that these can only be achieved as a series of progressive trends.  ... Read more

Digression: Caution about “Increases” and “Decreases”

These increases or decreases, it must be emphasised, would be not necessarily absolute, but relative to what real wages would have been, depending on other variables, if the money wage change had not taken place. It is necessary to be reminded constantly that we are dealing with an array of interdependent dynamic variables.  ... Read more

The Derivatives of Wealth

The terms derivative and differential are used here in their mathematical sense, denoting rates of change.

Gross national product and living standard are treated as measures of quantity of wealth. In fact, they are not the quantity but its first derivative or first differential, the rate of wealth-throughput.  ... Read more

Employment and the Steady State

It is necessary here to repeat a point made or implied earlier, that the level and rate of change of economic activity and the level of unemployment are to a large extent independent of one another. Not totally independent of course, each is one determinant of the other.  ... Read more

Digression: Fast Breeder Nuclear Fission Reactors

This technology promises to expand the amount of fissionable fuel available from natural uranium by a factor of about 60, by “breeding” more fuel than it consumes. This doesn’t change the non-renewable nature of the total uranium resource, but it does promise to make it so abundant as to encourage a casual attitude towards energy conservation.  ... Read more

Interest Rates and Ratio Distortion

It is necessary for a lender of money to charge interest because the purchasing power of each money unit is generally expected to fall with time. This has been the trend historically and the very operation of the economy tends to make it so.  ... Read more

Digression: “So Long As We Profit, Costs Elsewhere Aren’t Our Problem”?

A fault of flat earth economics as practiced in free enterprise economies is that it chops a nation’s economy into sections that are too often treated as being self-contained and independent of other sections. This is not a useful or realistic view.  ... Read more

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