"#MainstreamEconomics has consistently understated the economic damage of #ClimateChange, according to two recent reports. [..]

"The models are relied upon by investors, politicians, central bank governors and influential bodies like the #IntergovernmentalPanelOnClimateChange (#IPCC)."

#MainstreamEconomists accused of playing down #climate threat

https://climatechangenews.com/2023/08/08/economics-climate-threat-models/

#EconomicsOfClimateChange #NeoclassicalEconomics #GlobalWarming #Nordhaus

"Steve Keen has been exposing the ways mainstream #NeoclassicalEconomists—including winners of the so-called Nobel Prize in Economics— have been arriving at their absurdly optimistic numbers regarding #ClimateChange, and they’re terrifying. In this interview with Colin Bruce Anthes, Keen goes through prevalent examples in detail .. "

Exposing Apocalyptic Economics with #SteveKeen

#EconomicsOfClimateChange #GlobalWarming #NeoclassicalEconomics #Nordhaus

https://www.youtube.com/watch?v=bsHQ_O-op8s