Economics and the Environment
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im comin from financial economics background..but I found out resource & environmental economics s very interesting...so I changed my field of studies(doin master degree) in this area =)...
XCallMeJane 16 hours ago in playlist BLAHBLAHBLAH
This is a technocentric view which does not get towards the fundamental problem, namely, that 'processes' are ignored when economists deliver their 'theories'. Therefore 'externalities' and distorted pricing occurs which can lead to higher demand of unsustainable processes and products. To solve the problem, the neoclassical economic model needs to be addressed and revised so it is more relevant to the world of today.
rubysriskantha 3 years ago
gr8 vid. Thanx for uploading.
One day our views might actually count.
Badwolf182 3 years ago
When consumers buy cars they get added to GDP. But cars wear out and must eventually be replaced. When consumers buy replacements they get added to GDP. But the cars that wore out never got subtracted from anywhere.
Economists don't mention NDP much but only CAPITAL goods get depreciated. So that GDP as ECONOMIC GROWTH is actually nonsense.
Economists can't do algebra.
They don't mention the planned obsolescence of automobiles either. The laws of physics do not change year to year.
psikeyhackr 3 years ago
Green = Green. Businesses are not going to be environmentally friendly because it is some fluffy nice thing to do. It is only when supply and demand of green technology makes this "environmental revolution" profitable will true changes be made.
toolshed333 4 years ago
You obviously do not understand free markets. Who is making green technology buddy? Its not the government. Its businesses in the ECONOMY that are creating green technology because it is PROFITABLE to do so.
toolshed333 4 years ago