Digital Commons Network^™

Center For Governance And Sustainability: Policy Impact Through Rigorous Analysis, Center For Governance And Sustainability, University Of Massachusetts Boston, Maria Ivanova, Craig Murphy, Michael Denney

Office of Community Partnerships Posters

Three main functions define the center:

• Serves as an information hub
• Provides rigorous analysis
• Acts as an honest broker

We collect and manage data on governance and sustainability across scales, apply diverse analytical models grounded in empirics, and create dialogues among scholars, practitioners, and the public.

Monetary And Fiscal Policies For A Finite Planet, Joshua Farley, Matthew Burke, Gary Flomenhoft, Brian Kelly, D. Forrest Murray, Stephen Posner, Matthew Putnam, Adam Scanlan, Aaron Witham

Peer-Reviewed Studies

Current macroeconomic policy promotes continuous economic growth. Unemployment, poverty and debt are associated with insufficient growth. Economic activity depends upon the transformation of natural materials, ultimately returning to the environment as waste. Current levels of economic throughput exceed the planet's carrying capacity. As a result of poorly constructed economic institutions, society faces the unacceptable choice between ecological catastrophe and human misery. A transition to a steady-state economy is required, characterized by a rate of throughput compatible with planetary boundaries. This paper contributes to the development of a steady-state economy by addressing US monetary and fiscal policies. A steady-state monetary policy …