Thanks to @RichardJMurphy for drawing attention this morning to this excellent post from economist Ann Pettifor.

"Blame economists for decades of false security and the cataclysmic gap between theory, policy and ecosystem collapse"

#ClimateEmergency #Economics #Ecosystems #NeoclassicalEconomics

https://annpettifor.substack.com/p/blame-economists-for-decades-of-false

"#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