Friday, June 15, 2012

"Myth of perpetual growth is killing us" - Wall Street Journal

Yes, you read that right.  A MarketWatch-WSJ op-ed caricatures traditional economics as obsessed with short-term thinking and buying into an impossible growth myth.  Read it here.

Actually the tone of the article is shrill and alarmist; I (and you too, probably) can think of writers who would have made the same point in a more measured way.  It's not impossible to imagine that the WSJ published this version of these ideas simply to confirm some of its readers' presuppositions.  But the fact that  they published it at all... is pretty striking.

Image from WIkimedia; see link for copyright information and fair use rationale.

No comments: