Economics: three paths

June 11, 2010 § Leave a comment

The standard views on the overall approach to the economy  are three

1.       Pull back on public  spending and cut deficit

2.       Spend more on infrastructure and create jobs

3.        Invest government money in new green technologies and energy transformation

All assume that a path of growth is a necessary good, and that the wealth held at the top should stay there. The first implies that lower incomes bear the brunt, the second that big construction and heavy equipment corporations lead the way and the third that we have a new bubble on green. Each ha reasonable aspects but each can be gamed so strongly that benefits are not likely to be realized. This context is where we are needling to move toward sustainability but few even consider it in  the equation, see for example

ehttp://www.washingtonpost.com/wp-dyn/content/article/2010/06/10/AR2010061004971.html

Douglass Carmichael doug@dougcarmichael.com MAHB Millennium  Assessment of Human Behavior http://mahb.stanford.edu  Stanford Media X , Stanford Stratgey Studios and  Palo Alto StrategyStudios Book draft  at http://gardenworldpolitics.com  Palo Alto tues-thurs cell 206-388-7712 Russian River 707-865-0433

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