Thursday, September 24, 2009

JMG, Why Economists Fail
John Michael Greer, The Archdruid Report
In any group of pundits assembled to denounce the suggestion that there's a problem pursuing infinite growth on a finite planet, economists are sure to be well represented. Given that economists have also been well represented among the cheerleaders of the last half dozen disastrous speculative bubbles, this is not exactly comforting. What lies behind the repeated failures of contemporary economics to provide a timely warning of predictable dangers?


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