Steady-state economy: Difference between revisions

From Citizendium
Jump to navigation Jump to search
imported>Daniel Mietchen
(started)
(No difference)

Revision as of 10:15, 7 May 2008

In macroeconomics, the concept of a steady-state economy (SSE) is discussed as a scenario alternative to unlimited economic growth. It places economic actions in a biophysical framework that takes into account the availability of natural resources like water, sunlight or fossil fuels and the capacity of ecosystems to absorb the waste generated through production, consumption and traffic.