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  • Humans Left Sustainability Behind as Hunter-Gatherers 2 december, 2020
    Many people believe that humans can have a sustainable future by using solar panels and wind turbines. Unfortunately, the only truly sustainable course, in terms of moving in cycles with nature, is interacting with the environment in a manner similar to the approach used by chimpanzees and baboons. Even this approach will eventually lead to […]
  • US September Oil production 1 december, 2020
    A post by Ovi at peakoilbarrel All of the oil (C + C) production data for the US state charts comes from the EIAʼs Petroleum Supply monthly PSM. After the production charts, an analysis of three EIA monthly reports that project future production is provided. The charts below are updated to September 2020 for the […]
  • Where do we come from, who are we, and where are we going? 2 december, 2020
    Preface.  This is a book of review of The Social Conquest of Earth, in which E. O. Wilson answers these questions.  Although tribes have invented thousands of creation myths since paleolithic times, Wilson finally has written a book explaining our … Continue reading →

Neoklassisk ekonomi och klimathotet!

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Steve Keen har skrivit en artikel som sablar ner Sveriges Riksbanks ekonomipris till William Nordhaus. Det finns flera grava fel som Nordhaus gör och som borde göra att Nobelkommittén tar bort ekonomipriset helt!
Ekonomer gör sina egna bedömningar av skadan som klimatförändringen kan göra, 90% procent av BNP kommer att vara opåverkat för det sker INOMHUS! Detta är häpnadsväckande!
Nordhause har i många papper kritiserat Jay Forrester’s arbete World Dynamics (1973) för att inte använda empiriska data!
Keen beskriver det bra.

Whereas Nordhaus characterized Forrester’s work as ‘measurement without data’, Nordhaus’s can be characterized as ‘making up numbers to support a pre-existing belief’: specifically, that climate change could have only a trivial impact upon the economy.

Hela artikeln finns här nedan.
Källa: Full article: The appallingly bad neoclassical economics of climate change
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