"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, January 22, 2008

Please Get Out of the Way

Andrew Revkin has an article and a video up on the NYT site about Kevin Conrad, representing Papua New Guinea at the Bali talks, whose outspoken challenge to the US tipped or at least appeared to tip the US delegation into a more cooperative stance.

I had wanted to hear more about this and I very much appreciate Revkin's work on this story.

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