september 2020

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    Strangely enough, the economy seems to move from tailwind to tailwind, as new resources are discovered, as population expands, and as central banks figure out new ways to fix the economy. In this post, I will describe some tailwinds affecting the economy. Many of these have recently lost their value or are likely to lose […]
  • Dr. Tom Murphy’s Infinite Growth with a Finite Brain 5 december, 2023
    Physicist Dr. Tom Murphy is one of the most aware and smart people I know of. He’s also a wise man that cares about things that matter, and tries to set a good example with his lifestyle. I’ve followed and learned from Dr. Murphy for 15 years, and have watched him grow through stages: https://dothemath.ucsd.edu/2023/12/confessions-of-a-disillusioned-scientist/ […]
  • The 10th planetary boundary: Salt 29 november, 2023
    Preface. Rockström J et al (2009) famously proposed that there are 9 Planetary Boundaries: Exploring the Safe Operating Space for Humanity in Ecology & Society that pose existential threats. This study’s authors propose adding a 10th boundary: Safe and sustainable salt … 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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