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Rumblestiltskin@lemmy.ml

Meet the economist who wants the field to account for nature (www.technologyreview.com)

submitted 2 years ago by jyunwai@lemmy.ca to c/economics@lemmy.ml

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[–] afk_strats@lemmy.world 3 points 2 years ago* (last edited 2 years ago)

In Econ101, you learn about "externalities (wiki) which are the parts of the human experience which don't really "fit" in the rest of the economic model. That's when you start getting the idea that you can't just "line go up" for all of society and life.

Why doesn't this article even mention externalities or market failure?

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