"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, August 27, 2009

A quarter million

Page view number 250,000 was served by this blog site in the wee hours this morning. 

Sounds impressive, huh? If I had a penny for every hit I'd have $2500. For an hourly rate of pay of about a dollar, I'd guess. 

Which is more than what I got, which is a half dozen books to review. 

And also much less than I got, which is a bunch of new friends, not to mention an old friendship renewed.

Anyway hit number 250,000 came from Auckland NZ, via this aggregator.


1 comment:

ourchangingclimate said...

Good for you! And only a year after the 100,000 mark (with the priceless comment about CA folk).

I continue to be impressed by your writing, especially the witty though respectful way in which you often reply to contrarian comments. Keep it up!

Bart