The Trouble with Economics: William Nordhaus and Pope Francis

Economics is perhaps the one social science “profession” that is most entrenched in the political economy of contemporary nations. Little economic thought escapes the halls of academia without the neoliberal stamp of theoretical approval. The trouble with most of the social sciences is that it is very difficult for them to actually be scientific. In … More The Trouble with Economics: William Nordhaus and Pope Francis

Accelerating Concentration of Income and Wealth: Another Positive Feedback Loop

That which seems to be wealth may in verity be only the gilded index of far-reaching ruin. ~ John Ruskin [1]p.187 Everybody seems to know that the concentration of income and wealth among “the one percent” has accelerated in recent years. Actually, the most extreme concentration is in the top one percent of the top … More Accelerating Concentration of Income and Wealth: Another Positive Feedback Loop

Overcoming Ideology: New Actions and New Ideas

Efforts to find a viable path to mitigating climate chaos and forging an ecologically viable economy are just not moving fast enough. They seem bogged down in struggles over old ideas and inadequate actions. Even some of the most esteemed liberal economists who are not on the corporate bandwagon have failed to escape this trap. … More Overcoming Ideology: New Actions and New Ideas

How to Change the Economic Culture…and Save the Planet

It’s pretty clear that the corporate state is in control of the economic culture of the U.S. and that of most other nations as well. As environmentalists try to get enough attention to explain what is obvious about climate change, the scientific information is minimized, suppressed, or distorted.  We’re told that the best solutions to … More How to Change the Economic Culture…and Save the Planet

Tipping points need Paradigm Shifts: Paradigm Shifts are Tipping Points

If you are familiar with the history of science you have probably heard of The Structure of Scientific Revolutions.  In it, Thomas Kuhn describes how science progresses not by gradual evolution but by revolutionary transitions or “paradigm shifts” between “normal science” and new models of reality.  Normal science chips away at small areas of ignorance … More Tipping points need Paradigm Shifts: Paradigm Shifts are Tipping Points