Open AccessGraphical Presentation of the Steady-state Economy Model
Author(s) -
Theodore P. Lianos
Publication year - 2021
Publication title -
the journal of population and sustainability
Language(s) - English
Resource type - Journals
eISSN - 2398-5496
pISSN - 2398-5488
DOI - 10.3197/jps.63772239432389
Subject(s) - balance (ability) , population , economics , state (computer science) , presentation (obstetrics) , steady state (chemistry) , economy , mathematical economics , computer science , sociology , demography , psychology , medicine , chemistry , algorithm , neuroscience , radiology
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.