Bringing Economics Down to Earth


Bringing Economics Down to Earth

Mary Mellor @ Schumacher College: 

The queen of England asked, "Why did economists not see this coming?"  Very many did, but they are not part of the "accepted" economic/political scene. Only now are they beginning to be heard, and powerfully so. Mary Mellor looks at alternative economic/political options.

Members: 14
Latest Activity: Oct 3

Discussion Forum

Question about economics terminology

Started by jlaz. Last reply by jlaz Feb 18, 2015. 1 Reply

Hi - I'd like to know if anyone knows if there is or are a particular term or various terms in economics used for the following?When the energy efficiency of something is improved then to some extent…Continue

There is no such thing as a free market economy, level playing fields, or equality of access to information.

Started by Joan Denoo. Last reply by jlaz Jun 8, 2013. 2 Replies

OK, my best guess is, the path we have been on since 1975 has been in the wrong direction, leading us to a spread between rich and poor that will be equal to or greater than the Great Depression. I…Continue

A must-see video which explains our current economic situation beautifully

Started by Jedi Wanderer. Last reply by Jedi Wanderer Mar 20, 2013. 3 Replies The first 38 minutes is just the most concise, elegant explanation of how we…Continue

Dateline Sunday night

Started by booklover. Last reply by booklover Jun 25, 2012. 2 Replies

The show Dateline last night was about 3 middle-class families that fell out of the middle-class after losing jobs, having medical expenses, etc.  It was really interesting.  I think all 3 families…Continue

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Comment by Cane Kostovski on January 21, 2018 at 6:37pm

Since this is a place where economics is discussed, I would like an educated opinion to the proposed RBE - Resource Based Economy? For all available info on RBE go to But here is a concise description of it: Based on available resources instead of money, it would be nothing like anything we have ever had before as we never had a system without money before. Everyone on the planet would have a life equal to or better than the life now enjoyed by the middle class of America. Let that sink in. Everyone on the planet. 

How viable would such an economy be? How many problems do you see RBE solving? Give as many reasons why we should hold onto money as you can. You still won't beat what RBE promises. Fixing a broken system sounds like a rerun of the 1930's and 40s. It's time for something revolutionary and with the promise that EVERYONE will have a great life. 

As I have experienced many visceral reactions to this news, I would like to hear from an educated mind what they think of for the solutions of our current situation and the serious consideration of RBE joining as a possible solution. Thanks for the anticipated responses.

Comment by Chris on December 31, 2016 at 4:44am

I havent read Dr. Al Bartlett, the name sounds fimaliar though. Dr. Chris Martenson's name also sounds fimiliar.  I'm not an economist.

I read and have seen several reports saying the earth 1/3 the size required to support the current human population.

Current Population is Three Times the Sustainable Level


Global Footprint Network data shows that humanity uses the equivalent of 1.6 planet Earths to provide the renewable resources we use and absorb our waste.1  If all 7+ billion of us were to enjoy a European standard of living - which is about half the consumption of the average American - the Earth could sustainably support only about 2 billion people.  

It is crucial to understand that the longer we continue consuming more resources than the Earth can sustainably provide, the less able the Earth can meet our resource needs in the future - and the fewer people the planet can support - long-term.

Evidence of unsustainable resource use is all around us. Global aquifers are being pumped 3.5 times faster than rainfall can naturally recharge them.2  Eventually they will run dry and hundreds of millions will suffer.  Topsoil is being lost 10-40 times faster than it is formed. Feeding all 7+ billion of us will become increasingly difficult.  Oceans are being overfished, and a primary protein source for over 2 billion people is in jeopardy.4  Worldwide, we have lost half the vertebrate species in the air, water, and land since 1970.5  How many more species can we lose and how many more ecosystems can we destroy before humanity’s own existence is threatened?

More in above link.

Expletive Ning.

Comment by Gary S on December 30, 2016 at 7:32pm


I totally concur. I think our system has become Republocratic. The whole thing of we have divorced economy from ecology and built an entire infrastructure based on that divorce.

I also love this old quote from Dr Al Bartlett: The greatest shortcoming of the human race is our inability to understand the exponential function.

While quoting, I also remember a talk by Dr Chris Martenson where he talks about the Federal Reserve and its supposed exponential expansion of monetary claims on a finite planet.

Comment by Chris on December 30, 2016 at 5:47am

Economic theory seems to be as much of a dogma as religion.

I'd like to know why R's and D's don't talk talk about that when they run campaigns.

Forgive my, stupid question ...

(sarcasm) I probably heard some clapping on morning  pseudonews programs that made it clear.

Comment by AgeOfAtheists14 on October 16, 2012 at 8:43am

wow.. even sig freud's nephew? or relative in the U.S. used the know-how of psychology to control people through his corporate bosses! father of PR! wow.. trip!

Comment by AgeOfAtheists14 on June 11, 2012 at 12:50pm

Florida credit unions add 48,000 new members, reach $45B in assets

Comment by AgeOfAtheists14 on June 9, 2012 at 9:29pm

there needs to be more wifi available to families
it's a no brainer; it's up there with water and fuel

Comment by Chris on June 1, 2012 at 1:19am

After the Citizens United supreme court case and financial meltdown of 2008 I started becoming politically active and reading what I could about ways to fix the problem of unequal representation. A subset of a group I'm with started a campaign to get the county to move their money into credit unions or banks that aren't too big to fail. Because of their work I came across information about Public Banks (Owned by the state as opposed to Private Banks which are owned by shareholders). Public Banks seem like a great idea yet there is only one in the U.S. and that's in ND. Canada, Australia, and New Zealand used to have Public banks, but according to one of the lectures I saw the Bank of England (a private bank) shut them down. Now the BRICS countries have Public Banks which may be why these countries are so successful. The website Public Banking in America has some interesting videos. I've only watched 5 of 9 of them and see Public Banking as a good solution to economic problem.

Here's the easiest video to watch

Comment by AgeOfAtheists14 on May 29, 2012 at 3:25am

there's a facebook group called 'automation socialism' u may be interested in... or just occupy in general...

Comment by Ted E Bear on May 9, 2012 at 10:46pm
Thanks for the invite Joan. :)

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