The concept of a circular economy has instilled substantial hopes that it will help forging patterns of resource use compatible with Planetary Boundaries. Many countries are implementing circularity policies to reduce wastes and emissions, while also fostering economic growth. Research and...

Das auf Expansion beruhende sozio-technische Gesellschaftssystem ist nicht zukunftsfähig und bedarf einer grundlegenden Transformation zu einer kleineren Ökonomie mit geringerem Ressourcenverbrauch. Der notwendige Wandel erfordert eine Abkehr von wirtschaftlichem Wachstum als...

We study how human preferences affect the resilience of economies that depend on more than one type of natural resources. In particular, we analyze whether the degree of substitutability of natural resources in consumer needs may give rise to multiple steady states and path dependence even when...