At the Institute for New Economic Thinking conference earlier this month, Capital Institute colleague and Braintrust member Peter Victor gave the conference a sneak peek at his work with Tim Jackson on an ecological economics model of rapid economic growth, an economic crash, and a managed low-growth economy. He argues that the early findings suggest a steady-state economy may be preferable to economic growth. At the end of the video, he s that one of the question most in need of answering is whether a stable financial system requires growth in the real economy. This question gets to the core of the Capital Institute’s goals and understanding of the role of the financial system.
Watch the video and learn more about Peter Victor at his Braintrust page.