"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?"

Saturday, April 19, 2008

WSJ Op-Ed Laments: No Science Debate

Nobelists David Baltimore and Ahmed Zewail lament the candidates' refusal to consider a discussion about science. A good article about a bad situation, and in the Wall Street Journal of all places!

Also it's nice to see this sentence snuck in on the WSJ Op-Ed page:
Our government needs to treat science honestly. When the world's scientists flag global warming as a threat to our way of life, it is a warning that should be taken seriously. Stewardship of the planet is our responsibility. No one else is going to do it for us.
Is the Journal finally coming around?

1 comment:

EliRabett said...

Roger is not pleased by this, and even found a nit to pick