“Sustainability and the New Economics: Synthesising Ecological Economics and Modern Monetary Theory” is a new book fresh off the print and on the shelves. It is an impressive volume containing chapters from a host of Australian game-changers including Michael Kirby, Ian Dunlop, Will Steffen and last episode’s guest Ian Lowe. The book details sobering realities regarding business as usual economics, while offering many realistic and applicable solutions based around ecological economics and modern monetary theory.
PGAP spoke with lead editor Stephen Williams to find out more about this impressive book, and why economics is front and foremost of the world’s problems and why things need to change.
Stephen Williams has a background in newspaper journalism and law. He began his journalism career at The Canberra Times in 2000 and subsequently specialised in environmental matters. His overarching interest is in designing sustainable societies. He believes mainstream economics can only provide a path to collapse. He is the co-editor of Sustainability and the New Economics: Synthesising Ecological Economics and Modern Monetary Theory (Springer, 2022).
Want to find out more about “Sustainability and the New Economics: Synthesising Ecological Economics and Modern Monetary Theory”, purchase your own copy or encourage your local library to stock up? Check out the link to the book here
Want to find out more about some of the topics that Stephen brought up in the interview?
Modern Money Lab (courses, info): https://modernmoneylab.org.au
Herman Daly essay (with top-10 policies): https://www.greattransition.org/publication/economics-for-a-full-world
Did you like the economic focus of this episode? You might also like season 2 finale episode with Economic Reform Australia or The Economics of Arrival with Katherine Trebeck. Season 1 has the budget special with unconventional economist Leith van Onselen, or reimagining an earth centred economy with Michelle Maloney.
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PGAP is made possible with the kind support of Sustainable Population Australia.
If you would like to find out more about PGAP host Michael Bayliss, his website can be visited here
(All opinions, publications and positions held by PGAP guests do not necessarily reflect the positions held by PGAP).