The Romanian economist Nicholas Georgescu-Roegen created degrowth. By thinking about how exhaustible resources and by studying economy with physics tools, he created the bioeconomy concept in the 1970s. He thus laid down the foundations for degrowth. His ideas follow those of the Meadows report. The report is named after its author, a young economist who wrote the report in 1972 following a request from the Club of Rome. Its conclusions: economic growth will lead to a serious crisis at a due date that is yet to be determined. This report was criticised very early on for its apocalyptic vision.
Nicholas Georgescu-Roegen's text was translated into French by Jacques Grimevald who was the first to use the word 'degrowth'. About ten years ago, mainly in France, journals such as S!lence, Casseurs de pub and La Décroissance updated the concept and made it current. The Institute of Economic and Social Studies for sustainable degrowth* wa...
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