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Re: post keynesian economics and environmetal sustainablity
- To: <pkt@xxxxxxxxxxxxxxxx>
- Subject: Re: post keynesian economics and environmetal sustainablity
- From: "Ric Holt" <rholt@xxxxxxx>
- Date: Tue, 22 Jan 2002 14:33:39 -0800
Why do you say that the predictions of science are made in an ergodic
world? Human behaviors and decision-making are part of what
environmental policy makers must consider in their scenarios. I don't
see why it should be any different in economics and environmental.
I agree with you that there are inherent weaknesses with
decision-makers because we all are human and have prejudices, etc., but
my point is that the model system that say biologists use to understand
the natural world is very different from the model system that
neoclassical economists use to understand how the economy works. What if
we started to use more the metaphors from say biology in understanding
how the economy works and making environmental policy as compared to the
nonergodic and linear world of neoclassical economics?
-Ric
- Thread context:
- Re: post keynesian economics and environmetal sustainablity, (continued)
- Re: post keynesian economics and environmetal sustainablity,
Forstater, Mathew Tue 22 Jan 2002, 22:13 GMT
- Re: post keynesian economics and environmetal sustainablity,
Ric Holt Tue 22 Jan 2002, 22:33 GMT
- Re: post keynesian economics and environmetal sustainablity,
Forstater, Mathew Tue 22 Jan 2002, 23:36 GMT
- Re: post keynesian economics and environmetal sustainablity,
Petrick, Karl [LBS] Wed 23 Jan 2002, 12:07 GMT
- Re: post keynesian economics and environmetal sustainablity,
Bruce McFarling Fri 25 Jan 2002, 05:02 GMT
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