The Steady Stater

The Most Shocking Conclusion of Mainstream Economics

August 23, 2020 Brian Czech
The Steady Stater
The Most Shocking Conclusion of Mainstream Economics
Chapters
The Steady Stater
The Most Shocking Conclusion of Mainstream Economics
Aug 23, 2020
Brian Czech

Mainstream economics leads to a litany of bizarre beliefs and crazy conclusions. For example, the belief in perpetual GDP growth is woefully behind the times and extremely dangerous in the 21st century. However, one conclusion—straight from the leading theory of economic growth—is jaw-dropping in its departure from sanity. In this episode, we explore this crazy conclusion, expose its fallaciousness, and explain how it gained acceptance.

Show Notes

Mainstream economics leads to a litany of bizarre beliefs and crazy conclusions. For example, the belief in perpetual GDP growth is woefully behind the times and extremely dangerous in the 21st century. However, one conclusion—straight from the leading theory of economic growth—is jaw-dropping in its departure from sanity. In this episode, we explore this crazy conclusion, expose its fallaciousness, and explain how it gained acceptance.