Will New Zealand be the first developed country to evolve a steady-state economy?

Jan 11, 2012 Comments Off by

Jack Santa Barbara writes in Fleeing Vesuvius that while New Zealand will inevitably make a transition to a steady-state economy, the onset of energy descent — having less and less energy to use with each passing decade — will push it to do so sooner rather than later. So the critical question is whether the transition to a steady-state economy will be by design or disaster.

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