Economic forecasts and environmental problems

Great question posed by Ross Gittins (economics editor of the Sydney Morning Herald): “It makes all the sense in the world for economists to integrate the environment and the economy when thinking about what the future holds. So why don’t they?” Some thought-provoking responses to this question also in his concise critique of the ‘Australia …

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“But will the planet notice?”

Gernot Wagner, an economist at the Environmental Defence Fund, recently released a book arguing ‘smart economics’ is the key to sustainability (full title is ‘But will the planet notice? How smart economics can save the world’). The fact that a major NGO employs economists arguing for “working with” and  “liberating” market forces is consistent with …

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