http://popularlogistics.com/2009/11/economics-neoclassical-v-ecological/ Wed, 16 Nov 2011 17:29:39 +0000 hourly 1 http://wordpress.org/?v=3.3.1 http://popularlogistics.com/2009/11/economics-neoclassical-v-ecological/comment-page-1/#comment-3659 Barack Obama, a Systems Thinker in the White House Thu, 04 Feb 2010 20:02:09 +0000 http://popularlogistics.com/?p=3089#comment-3659 [...] President needs economic advisors who start think in terms of ecological economics <link1 / link2>, of metrics like the Genuine Progress Indicator, GPI <link>, rather than Gross Domestic [...] [...] President needs economic advisors who start think in terms of ecological economics <link1 / link2>, of metrics like the Genuine Progress Indicator, GPI <link>, rather than Gross Domestic [...]

]]> http://popularlogistics.com/2009/11/economics-neoclassical-v-ecological/comment-page-1/#comment-3190 Utah Refinery Blast Sat, 14 Nov 2009 13:48:33 +0000 http://popularlogistics.com/?p=3089#comment-3190 [...] This is what economists in the Neoclassical school call an "externality." The costs of the disaster are borne by the citizens, not the oil company or the refinery. These costs actually add to the GDP. Economists in the Ecological school, at for example the Gund Institute at University of Vermont or the students in the Marlboro College MBA in Managing for Sustainability, argue we should use the Genuine Progress Indicator, GPI, not Gross Domestic Product, GDP (defined here and described here.) [...] [...] This is what economists in the Neoclassical school call an "externality." The costs of the disaster are borne by the citizens, not the oil company or the refinery. These costs actually add to the GDP. Economists in the Ecological school, at for example the Gund Institute at University of Vermont or the students in the Marlboro College MBA in Managing for Sustainability, argue we should use the Genuine Progress Indicator, GPI, not Gross Domestic Product, GDP (defined here and described here.) [...]

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