mineral depletion – Green Social Thought https://www.greensocialthought.org Produce less. Distribute it fairly. Create a greener world for all. Thu, 22 Feb 2024 04:47:09 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://www.greensocialthought.org/wp-content/uploads/2021/07/cropped-ggef_logo_small-1-32x32.png mineral depletion – Green Social Thought https://www.greensocialthought.org 32 32 A Not-So-Nobel Prize for Growth Economists https://www.greensocialthought.org/biodiversity-biodevastation/not-so-nobel-prize-growth-economists/ Mon, 26 Nov 2018 15:26:31 +0000 https://gst.riz-om.network/reprint/not-so-nobel-prize-growth-economists/ by Brian Czech

How ironic for the Washington Post to opine “Earth may have no tomorrow” and, two pages later, offer up the mini-bios of William Nordhaus and Paul Romer, described as Nobel Prize winners. Without more rigorous news coverage, few indeed will know that Nordhaus and Romer are epitomes of neoclassical economics, that 20th century occupation isolated from the realities of natural science. Nordhaus and Romer may deserve their prizes for economic modeling, but each gets an F in advanced sustainability.]]> by Brian Czech

How ironic for the Washington Post to opine “Earth may have no tomorrow” and, two pages later, offer up the mini-bios of William Nordhaus and Paul Romer, described as Nobel Prize winners.

Without more rigorous news coverage, few indeed will know that Nordhaus and Romer are epitomes of neoclassical economics, that 20th century occupation isolated from the realities of natural science. Nordhaus and Romer may deserve their prizes for economic modeling, but each gets an F in advanced sustainability.

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