"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?"

Wednesday, November 11, 2009

Nice Throbgoblin's Pieces

Easter Bunny Island ("Jobs Not Tree!") remains my all time favorite of Throbgoblin's, but this one is certainly apropos:

I'd prefer if Cantankerous Frank's expression of exasperation that appears at the end of each story could be drawn in a bit more of an understated way, sort of like a Charlie Brown sigh. I guess that's quibbling, but Frank really ought not to be surprised by this sort of thing anymore. This time, it is consistent with the storyline, though, which may be part of why I like this one. That and, well, that it's true.

Speaking of surprise, TG also has a cosmic mind-bending three-parter with a clever punchline this week called "Imagine my surprise!"

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