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The Growth Consensus Unravels

Economics has been called the dismal science, but beneath its gray exterior is a system of belief worthy of Pollyanna.

Yes, economists manage to see a dark cloud in every silver lining. Downturn follows uptick, and inflation rears its ugly head. But there’s a story within that story—a gauzy romance, a lyric ode to Stuff. It’s built into the language. A thing produced is called a “good,” for example, no questions asked. The word is more than just a term of art. It suggests the automatic benediction which economics bestows upon commodities of any kind.

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Commons

Pre-Distributive Economics and Sufficiency for the Long Haul

Part I: Inequality, The Iatrogenic Spiral, and Systemic Diminishing Returns The problem is that the explosive growth of the global economy has not brought a corresponding increase in global well … More

The Missing Sector

Enlarging Our Sense of “the Economy”

Meet Us at the Zocalo

We humans like to gather, and to be around other people in informal and unstructured settings. For time out of memory, places in which to do so were built into … More

Economic Indicators

  • Looking Backward: Economics and the Cult of Yesterday

    GDP and productivity don’t measure what’s really going on in the economy—or in people’s lives. Jonathan Rowe on measuring what matters.

  • The Gross Domestic Product

    Testimony of Jonathan Rowe Co-director of the West Marin Commons Before the U.S. Senate Committee on Commerce, Science and Transportation Subcommittee on Interstate Commerce, Trade and Tourism March 12, 2008 … More

  • Is Happiness a Commons?

    Gunnar Myrdal, the late Swedish economist, once noted the strange tendency of his profession to barricade itself against human reality. In true sciences, such as biochemistry and physics, hypotheses are … More

Economics

About

Headshot of Jonathan Rowe

Jonathan Rowe was a writer who wrote about the commons, diseconomy, economics, economic indicators, corporations, and many other subjects.
Jonathan was an editor at the Washington Monthly magazine and a staff writer at the Christian Science Monitor. He contributed to Harper’s, the Atlantic Monthly, Reader’s Digest, Washington Post, Columbia Journalism Review, American Prospect, Adbusters, and a host of other publications.

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