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A Not-So-Nobel Prize for Growth Economists

By Brian Czech

How ironic for the Washington Post to opine “Earth may have no tomorrow” and, two pages later, offer up the mini-bios of William Nordhaus and Paul Romer, described as Nobel Prize winners.

Without more rigorous news coverage, few indeed will know that Nordhaus and Romer are epitomes of neoclassical economics, that 20th century occupation isolated from the realities of natural science. Nordhaus and Romer may deserve their prizes for economic modeling, but each gets an F in advanced sustainability.


Book Review: Economics Unmasked: From Power and Greed to Compassion and the Common Good by Phillip B. Smith and Manfred Max-Neef

MIT-PhD-IMF-BMW. Although this career path may benefit specific economists, it fails to serve the common good.


Real Economies and the Illusions of Abstraction

Hazel Henderson, a true champion of the steady state economy, digs deep into the deficiencies of our economic and financial systems.