Shrinkage means the voluntary downsizing of the national economy, including a reduction in gross domestic product. "Voluntary" here indicates a preference for voluntaristic solutions - though not as individualistic and unplanned where well-to-do opt out of the consumerist market model.
The Next Crash is Brewing (tags)
The economic way of thinking enforced for a quarter of century is one of the structural factors that helped this "economy of depression" breakthrough. This dominant doctrine denies the role of demand and concentrates on the problems limiting the supply of goods & services
Book Review: The Subject and the Law (tags)
The church since the second century began distorting the original message without changing the words. If Jesus' proclamation was unconditionally "You shall not kill," it was soon said: "If you do this, we will kill you."
Regional Economics Against Climate Change (tags)
Modern industrial society faces a dilemma. On one hand, people of industrial countries do not want to abandon their assets and habits or way of living. On the other hand, the climate problem ends up in destruction of humanity if emissions continue as in the past