Steady-state economy: Difference between revisions
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In [[macroeconomics]], the concept of a '''steady-state economy''' (SSE) is discussed as a scenario alternative to unlimited [[economic growth]]. It places economic actions in a [[Biophysics|biophysical]] framework that takes into account the availability of [[natural resource]]s like [[water]], [[sunlight]] or [[fossil fuel]]s and the capacity of [[ecosystem]]s to absorb the [[waste]] generated through [[production]], [[consumption]] and [[traffic]]. | In [[macroeconomics]], the concept of a '''steady-state economy''' (SSE) is discussed as a scenario alternative to unlimited [[economic growth]]. It places economic actions in a [[Biophysics|biophysical]] framework that takes into account the availability of [[natural resource]]s like [[water]], [[sunlight]] or [[fossil fuel]]s and the capacity of [[ecosystem]]s to absorb the [[waste]] generated through [[production]], [[consumption]] and [[traffic]]. | ||
Revision as of 09:15, 7 May 2008
In macroeconomics, the concept of a steady-state economy (SSE) is discussed as a scenario alternative to unlimited economic growth. It places economic actions in a biophysical framework that takes into account the availability of natural resources like water, sunlight or fossil fuels and the capacity of ecosystems to absorb the waste generated through production, consumption and traffic.