Graphical Presentation of the Steady-state Economy Model
- steady-state economy,
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Copyright (c) 2021 Theodore Lianos
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There are several theories claiming that their policies can save the planet from environmental catastrophe. This paper claims that it is only the Steady-State Economy model on which such reasonably effective expectations can be based. This is so for two reasons. First, the SSE is based on a clearly defined economic model which is presented graphically and briefly analysed. Second, it includes a policy proposal for reducing the size of global population. This is now approaching eight billion people and is expected to exceed nine billion in the next thirty years. The logic of the SSE suggests that stabilising population is not sufficient. The global population should actually be reduced if environmental balance is to be restored.
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