Impending Economic Collapse Our current economic system is fatally flawed because it is based on the principle of a chain letter, i. e. a Ponzi scheme. Growth simply cannot continue indefinitely in a world of finite resources. So-called "neo-economics" or"macroeconomics" is based upon extracting resources from nature as fast as posssible to support perpetual "growth". Our economic "system" quite simply rapes nature for dollars. Arctic Methane Emergency: Economy vs. Ecology Daly (1991,1997) is a widely-ignored sane voice crying in the insane dark begging classical economists to wake up and embrace an equilibrium sustainable system. Coupling such insane economics with runaway greed results in recessions and inevitably leads to economic depression. We need to overhaul our economic system if we ever hope to reach a stable sustainable state. ERP: Domino Effects Anarcho- primitivism Boulding, K. E. 1966. The Coming Spaceship Earth Catton: Facing the Future Wisely Catton: "Overshoot" Chapter Catton: "Worse than Foreseen by Malthus" Daly, H. E. 1991. Steady-State Economics. Island Press, Washington, D. C. Daly, H. E. 1997. Beyond Growth: The Economics of Sustainable Development. Beacon Press. Daly, H. E. 2005. Economics in a Full World. Scientific American. Douthwaite, R. Download Douthwaite essay on money Douthwaite, R. "Short Circuit" Douthwaite, R. "The Ecology of Money" International Society of Malthus Mill, J. S. 1859. On Liberty. Ticknor and Fields, Boston. Read Mill's The Art of Living Nadeau, R. 2008. The Economist has No Clothes. Scientific American, April 2008, p. 42. Nadeau: Brother, Can You Spare Me a Planet? Pianka: The Weakest Link Zency, Eric. 2009. Mr. Soddy's Ecological Economy. New York Times, April 12, 2009.