"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?"

Friday, September 24, 2010

Flood Water Release

I can't resist passing along another boston.com Bigger Picture picture: floodwaters being released from Three Gorges Dam, from a typically (for boston.com) spectacular set on China.



I really don't know how they keep funding this amazing work, but I sure hope they don't stop.

Buy something from Boston.

3 comments:

Vinny Burgoo said...

What, the Boston Globe funds Xinhua? Who knew?

Here are some more pictures of the same event back in July:

http://www.guardian.co.uk/environment/gallery/2010/jul/21/three-gorges-dam

Hank Roberts said...

http://inapcache.boston.com/universal/site_graphics/blogs/bigpicture/china_09_24/c25_24363529.jpg

perhaps more significant; laying straw on sand dunes is not going to work to stop them moving.

one suspects an honest broker must be giving their government advice, as they appear to be doing things that give the appearance of taking responsive action without incurring any actual cost.

The landslide pictures are also astonishing. Seems they're doing all the same stupid things we did fifty to a hundred years ago in the first rush of overconfident industrialization.

Vinny Burgoo said...

http://www.magnuslarsson.com/architecture/dune.asp