Category Archives: Public Policy

Be Happy You Didn’t Live in 1870

Robert Gordon’s 2016 book The Rise and Fall of American Growth is a comprehensive history of “the U.S. standard of living since the civil war.”  Gordon, a Northwestern University economist, details changes in consumption of food, clothing, shelter, and transport during a period when Americans experienced unprecedented improvement in quality of life.  From brutally difficult, […]

Was the Internet a Good Idea?

I remember clearly my first inkling of something new called the world wide web.  I had recently started using email and two colleagues brought me a U.S. Department of Agriculture publication describing a new information system.   One would be able to use a computer and software that would “crawl” about looking for information stored on […]

When Dollars Meet the Grizzly Bear Spirit

When most people hear the word economics they think of money.  I remember visiting a local Maine historical society and the excitement the caretaker felt when he learned that I was an economist.  He immediately assumed that I would want to see their collection of 19th Century currency in circulation in Maine.  I did not. […]

Actually, A National Energy Tax Would Be Good for Maine

In this season of interminable political ads, one Bruce Poliquin TV ad berates his opponent Emily Cain for supporting a “national energy tax.”  The ad says such a tax would be bad for Maine.  I do not know whether Emily Cain supports a national energy tax or not, but I do.  Contrary to the Poliquin […]

Must Economic Growth Continue?

I recently suggested that one solution to the crisis of our age is a shift in economic paradigms to one called Sustainable De-growth.  To understand fully the implications of de-growth, we need to see where the phenomenon of growth comes from.  A new book by Swiss economic historian Matthias Schmelzer provides deep insights into the […]