Transition Milwaukee

Rebuilding Community Resilience & Self-Reliance

November 2011 Blog Posts (2)

"Demand-Side Economics" and the Liberal Denial of Reality

When, after 9-11, George Bush told us to "go shopping" he in fact demonstrated a correct understanding of mainstream economics, liberal and conservative alike. As all economists know, a decline in consumer spending, confidence, and optimism, can plunge an economy into recession. This entirely uncontroversial view is one step away from its categorical version which turns out to be the foundation of liberal economics: that not only can a lack of demand cause a recession, the lack of demand—when… Continue

Added by Erik Lindberg on November 26, 2011 at 11:30am — 1 Comment

Kill Your Electric Car

And Boycott Biodiesel.

It is hardly surprising that the latest generation of electric and hybrid cars are being marketed according to the key misconceptions that our great collective energy illiteracy permit. Happy drivers of The Volt or The Leaf, who are freed from pumping dirty and expensive gasoline, are contrasted in recent advertisements to their beleaguered conventional auto-driving brethren. The myth is that unlike gasoline, electricity is clean and virtually without… Continue

Added by Erik Lindberg on November 23, 2011 at 3:54pm — 3 Comments

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