The Great Simplification with Nate Hagens cover image

Jon Erickson: "Illusions, Power and the Political Economy"

The Great Simplification with Nate Hagens

00:00

The Carbon Pulse of Economics, Right?

Most of the core econometric formulas and explanations in orthodox economics were a product of the carbon pulse, which is this one-time anomalous firework-like period for our society that is non-repeatable. Yet we're writing rules and laws at that moment that we're extrapolating forward in times that are not going to be valid. We need an economics that's not so growth oriented, but that is more maintenance resilience oriented.

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