"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?"

Sunday, August 7, 2011

Chess

Photo + Micaël Reynaud

5 comments:

Michael Tobis said...

Admittedly, would have been more effective had the bishops and knights not been swapped.

Pangolin said...

Now go take one with sand covering the pieces.

Steve Bloom said...

Kings and queens are wrong also.

Paul Kelly said...

Look again, Steve. The Kings and queens are properly placed. Bottom right square is always white; the queen goes on her color.

Steve Bloom said...

Right you are, PK.