Tag: policy
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Medium-term effects of zero growth: Finland 2008-2025
Tl;dr: Finland, a social democratic welfare state, has had no GDP growth in real terms between 2008 and 2025. There are few obvious economic “effects” of stagnation, because many indicators fluctuated up and down in this period and those that rose persistently had been rising also before stagnation. Wealth inequality rose persistently while income inequality…
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Is post-growth economics policy-relevant?
Economics tends to get particular attention from policymakers compared to other social sciences – or even the sciences broadly. An economic perspective is less likely to be overlooked in policymaking than, for example, environmental or social justice perspectives. Arguably, economics is a politically and culturally privileged lens on the world. Economics seems very comfortable with…
