01522nas a2200121   4500008004100000245006100041210005900102260001200161520110800173100002601281700002401307856006901331       2014                        eng d00aEcological monetary economics: A post-Keynesian critique0 aEcological monetary economics A postKeynesian critique  aLeipzig3 aEcological economists tackling monetary issues advocate monetary policies that seem, from a post-Keynesian point of view, either questionable or unnecessary. Ecological monetary economics currently appears to be mostly articulated around two core assumptions: First, to be achieved, a stationary state (and a fortiori a degrowth economy) would require interest rates set at zero. Second, such an economy would require a monetary system in which the monetary authorities have full control over the quantity of money in circulation. This paper adopts a critical stance towards the emerging ecological monetary economics from the standpoint of the post-Keynesian approach. It deals with the view on interest rates and then tackles the issue of a 100% reserve monetary system. We argue that interest rates set to zero is an unnecessary condition to reach a steady-state economy and that a 100% reserves monetary system would preclude any sustainable path towards a non growing economy. Key words: Ecological macroeconomics ; Ecological monetary economics ; post-Keynesian economics ; steady-state ; degrowth1 aCahen-Fourot, Louison1 aLavoie, Prof., Marc  uhttps://degrowth.community/conference2014/scientific-papers/3411