Focus on Sustainability – Pt. 3: A Sustainable Economy

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Focus on Sustainability – Pt. 3: A Sustainable Economy

In the third of a five-part series on economic sustainability, Mark Scheffler describes what a sustainable (steady state) economy might look like and some of its key features.

The Appleton Group recognizes that unlimited economic growth is neither sustainable nor desirable.  We exist in an industry driven by an incorrect assumption that economic growth is the same thing as human growth.  It is not.  Human development and prosperity can occur in an economy that exists with limits to growth and development.  This economic model is called a “steady state economy.”  It prioritizes the quality of growth over quantity, prosperity over consumption, and human achievement over an endless desire for “more.”  It uses capitalism to execute the delivery of goods and services within the economy, but uses democratic institutions to define what goods and services are desirable, necessary, and sustainable within that economy.

 

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By | 2014-04-01T14:14:30+00:00 April 1st, 2014|Market and Portfolio Commentary, On-Demand Presentations, Opinion|Comments Off on Focus on Sustainability – Pt. 3: A Sustainable Economy

About the Author:

Mark’s commitment to objective, independent wealth management led him to establish The Appleton Group LLC in April of 2002. With over 19 years of experience in the financial services industry, Mark serves as portfolio manager for our private client group, and co-manages all assets held in our suite of portfolio offerings. His responsibilities include risk analysis, asset allocation, market research, and institutional client development. Mark also serves as both Principal and CEO of The Appleton Group LLC. He earned his Accredited Investment Fiduciary (AIF) designation in 2016