economics before climate

May 23, 2010 § Leave a comment

What if we could reform economc theory. Right now it leaves out resource input and who gets the benefits analysis of output. Economics (and worse, finance) is a closed system. This leads to bad habits of thinking. It is indeed the inputs and outputs that are the measure of real economic activity, yet ignored by economic theory.  Dealing with climate change is a real systems problem. Without reforming the major social theory of our time, unfortunaatly economics, we don’t have enough habit of mind to take on climate

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You are currently reading economics before climate at Reflections on GardenWorld Politics Douglass Carmichael.

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