Prof. Robert Nadeau, through Scientific American claims that current economic theory is a severe (and irrational) hindrance to fighting global warming.
(the exact link is:
http://www.sciam.com/article.cfm?id=brother-can-you-spare-me-a-planet ).
The claim is:
Current (neo-classical) economics is based on false premises.
These false premises include this important premise: That nature is irrelevant to economic growth (and that natural resources are boundless).
Because the irrelevance [...]
Filed under: Theory of Democracy, economics, findings | Tagged: economics, Global warming, Markets, science | 1 Comment »
