"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?"

Thursday, July 5, 2007

Not about polar bears

Scientists representing the Soviet Union traveling overseas were enjoined from mentioning certain technical topics that might reflect negatively on soviet socialism, and were required to refer any questions about those polar bears to their accompanying commisar.

Wait, did I say "polar bears"? Sorry. Sorry. Never mind. This comment has nothing to do with polar bears. There is nothing here about polar bears.

2 comments:

inel said...

"particularly polar bears"

Wait, here's one polar bear you can talk about: it is cheerfully climbing into a rowing boat, which just goes to prove polar bears are happy that the world is warming—just look at the grin on that big fella's face!

byron smith said...

!

Only in Soviet Russia...