"System change is now inevitable. Either because we do something about it, or because we will be hit by climate change. '...

"We need to develop economic models that are fit for purpose. The current economic frameworks, the ones that dominate our governments, these frameworks... the current economic frameworks, the neoclassical, the market frameworks, can deal with small changes. It can tell you the difference, if a sock company puts up the price of socks, what the demand for socks will be. It cannot tell you about the sorts of system level changes we are talking about here. We would not use an understanding of laminar flow in fluid dynamics to understand turbulent flow. So why is it we are using marginal economics, small incremental change economics, to understand system level changes?"

Tuesday, June 5, 2007

Hansen v Griffin; NASA mission

Thanks to Jim Torson, who on the globalchange list points to this interesting report on Hansen's response to NASA administrator Griffin's astonishing comments of last week.

This also ties into a "where's the damned press" meme. Note especially the last three paragraphs from Hansen. Consider whether these results were handled in a manner appropriate to a free society, with respect to not only the responsibilities of the legislative sector but also those of the press.

Tagged "wheres the press". (Apostrophe left out to help weak search software) Please use this tag on your blogs, or come up with a better name for it.

(PS To my dozens of regular readers: sorry I've been away for a while. I have been gathering ammunition for more bloggin' aplenty though...)

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