Richard Heinberg Navigating the New Economic Reality Part 1

All the recent talk about government Bitcoin reserves has gotten me thinking about what happens when governments speculate.

I’ve no desire to make strong claims about what is achieved by serving mince pies to neighbours and strangers, but I will say that, from these humble, stumbling experiments in convivial economics, I am learning things that I would not have caught sight of, had I tried to do all my thinking through books and screens and the kind of conversations that come with footnotes

In a “wellbeing economy”, government policies, business activities, and citizens’ behaviour are aimed at meeting our physical, social, and spiritual needs within planetary boundaries. It doesn’t mean we’re anti-growth; we’re just more selective about it.