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This article questions the assumptions, sustainability and ethics of endless economic growth on the basis of environmental science, ecological economics and ecological ethics. It considers the impossibility and unsustainability of endless physical growth on a finite planet. It considers the...
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The concept of full employment is associated with diverse economic, political and social aspects. We provide a survey of theory, empirics and policy issues related to full employment. We make a novel contribution by tying together multi-dimensional aspects of full employment regarding...
Persistent link: https://www.econbiz.de/10014541848
Advocates of Job Guarantee (JG) or Employer of Last Resort (ELR) schemes have suggested that if the state provides "buffer stock" employment to workers displaced from private employment, then full employment can be maintained over the course of the business cycle. Kalecki was sceptical about the...
Persistent link: https://www.econbiz.de/10012660701
High levels of carbon emissions and rising income inequality are interconnected challenges for the global society. Commonly-applied linear regression models fail to unravel the complexity of potential bi-directional transmission channels. Specifically, consumption, energy sources and the...
Persistent link: https://www.econbiz.de/10012487787
Across the globe climate policy is shifting away from a carbon price towards investment subsidies, such as grants, interest-subsidised loans or guarantees. This increases the risk of inefficient public spending. This paper shows how the main market imperfections related to the emission...
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Creating a Sustainable and Desirable Future -- Theoretical Foundations of Efficient Ecological Economic Studies -- Study on the EKC Characteristics of Regional Industrial Pollution Emissions in an Open Economic Environment -- Analysis of the Efficiency of Forestry Production and Convergence in...
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We show that in poor resource-based communities, the socio-psychological preference for employment, which arises from a strong desire to follow the communal norm of sharing in harvesting efforts, can lead to the optimality of full-employment harvesting until resource extinction. We show that...
Persistent link: https://www.econbiz.de/10010459628