Reading Development

Random readings on society, politics and change – Jorge Carrillo

Do we need a new economics for sustainable development?

Neoclassical theory at the micro and macro levels has influenced thinking patterns in a period when development has become unsustainable in many ways. Climate change is one example, loss of biological diversity and pollution of air, water and soil are other examples. While not excluding ideas coming from neoclassical theory it is a bit strange to argue that we in the present situation should exclusively listen to advocates of a theory that has failed in relation to sustainability. We also need to “test” other theoretical perspectives in economics. Can they improve our chances of dealing with sustainability and other issues?

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This entry was posted on Wednesday, 28 June 2017 by in Climate change and tagged , , .
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