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.