Steady-State Economics

Steady-State Economics is an approach that aims for an economy that remains stable over time, balancing natural resources and human needs without constant growth. It recognizes that Earth's ecological limits require shifting focus from continuous expansion to sustainable well-being. Instead of prioritizing growth at all costs, it promotes efficient resource use, reducing environmental impact, and ensuring economic stability for future generations. This approach values quality of life and ecological health as much as, if not more than, increased production and consumption.