"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?"

Monday, October 8, 2007

Montreal public bicycles

Montreal, despite its steepness and iciness, is following in the footsteps of various European cities and setting up public one-way bicycle rental facilities.

Can Austin Texas be far behind? Alas, yes.

1 comment:

EliRabett said...

I like the national lab solution. Buy a zillion of the butt ugliest bikes you can find, paint them colors that make anyone seeing them want to throw up, and leave them lying around.