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What does a zero-growth economy look like?

We talk zero-growth economies after being asked why do economies have to grow? Hear from Peter Victor, a professor emeritus in environmental studies at York University.

Host Paul Haavardsrud tackles the question: why do economies have to grow?

Finance Minister Chrystia Freeland tables the federal budget in the House of Commons in Ottawa on Monday April 19, 2021. (Sean Kilpatrick/The Canadian Press)

Some of our Cost of Living listeners want answers to big-picture philosophical questions about our economy.

Listener Dan Kramer from Allenford, Ontario wrote in June 2021 asking "Why do economies have to grow? … explain the concept of the zero growth economy and its pros and cons."

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Host Paul Haavardsrud talked zero-growth with Peter Victor, a professor emeritus in environmental studies at York University and author of Managing Without Growth: Slower by Design, Not Disaster.

Listen to the segment above  — or download and subscribe to the Cost of Living podcast. 


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