29 Apr '18, 5am

@chorherr Stimmt, siehe tariffs in

Nevertheless it is one thing to imagine the possibility of a SSE, but something else to chart a transition thereto from a failed growth economy. Can one transform an airplane into a helicopter without first landing, or perhaps crashing? In order even to take such a task seriously one has to realize that the growth economy is heading for a big crash. Whether the measures suggested above are sufficient to convert the growth airplane to a steady-state helicopter is hard to say, but I do think they are probably necessary, and at a minimum would be useful guides for reconstruction after the crash. They also may prove capable of being applied gradually in mid air. For example, a cap-auction-trade system could begin with a generous cap followed by a gradual pre-announced schedule of tightening. The limits to income inequality could begin far apart, and be gradually tightened. Eco...

Full article: http://www.theoildrum.com/node/3941

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