8/21/08

Conformity of Thought in Economics.   In this essay, one example of challenges to economic orthodoxy is Bill Rees's Ecological Footprint Analysis.   Here's a quote from Rees, relevant to future food supply and demand prospects:  "Until society realizes the flawed, growth-oriented neoclassical lens it has been using to guide economic decisions distorts reality and is leading to an ecological disaster, I am not very optimistic about humanity's long-term prospects."    Here's a quote from one of Rees's undergraduate students:   "It seemed like the only thing economics was good for was to argue against my political views." 

posted August 21, 2008 at 5:00 p.m.