"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, June 12, 2015

Why Climate Change is a Hard Problem

Now viewable online on the YouTubes

First Unitarian Universalist Public Affairs Forum #1436 
- 09/07/2014 - 
Climatologist, Dr. Michael Tobis  

"Why Climate Change is a Hard Problem

1 comment:

Dan said...

Really enjoyed this, thanks. Was particularly taken by the notion that, if we manage to steer a way through the closing door in time, it'll be solving a problem few were really able to see in the first place. Occasional World War metaphors pop up but in this respect it's nothing like that - there'll be no V-day parades, just an altered business-as-usual. Success will be almost as invisible as Sarah Connor taking out Arnie (though hopefully with less sequels).