Econ4: Statement on Building the New Economy

We are economists who think that the economy should serve people, the planet, and the future.

Some politicians and economists still cling to the old claims that bigger is better, greed is good, a fossil-fueled economy is inevitable, and inequality is efficient. A growing body of evidence has shown this model to be bankrupt.

Instead of prosperity, it is feeding ever-wider inequalities of wealth and power that erode our health and economic well-being.

Instead of full employment, it is generating monthly job growth that fails to match labor force growth.

Instead of a sustainable future for our children and grandchildren, it has brought us to the brink of an unprecedented environmental crisis, consistently overstating the costs of actions to protect our climate while understating their benefits.

Instead of a competitive and resilient economy, it has fostered the growth of too-big-to-fail banks and corporations whose political power threatens the integrity of our democracy itself.

We call for a new economy founded on the building blocks of a level playing field, true-cost pricing, resilience, and real democracy.

In addition to new and effective policies in the critical arenas of job creation, housing, health care and regulation, we call for support for 21st century alternatives to the centralized, unfair, and unsustainable economy of the 20th century.

If you’re an economist and would like to add your name to this statement, please send an email to Econ4 by clicking here (

Triple Crisis Welcomes Your Comments. Please Share Your Thoughts Below.

2 Responses to “Econ4: Statement on Building the New Economy”

  1. […] consistently overstating the costs of actions … Article by TripleCrisis. Read entire story here. Tags 2012 Black categories crime crisis case studies crisis communications crisis management […]

  2. Im terrible at editing. I’m not proud of that but this is what it is. I just need this edited and formatted so that it is a coherent statement or logline. Please serious answers only. I’m on a deadline.

    “Five diverse acquaintances, all in the midst of their own personal crises, with extraordinary talents: deception detection, superior kinesthetic awareness, crisis management cunning, scientific genius and a paragon of good wake up on a private plane heading god knows where, with no explanation to how or why their there.”