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Unlearning Economics: Jon Erickson, Josh Farley, Steve Keen, & Kate Raworth | Reality Roundtable #03

The Great Simplification with Nate Hagens

00:00

The Impact of Economic Thinking on Climate Change

Economists are trained in marginal benefits and marginal costs. They bring the future into sort of near term marginal calculus through the discount rate. Steve, I would add it's infected the scientific understanding and modeling of climate change. So my biggest fear is that economic thinking really has...infected other social sciences like business and psychology and political science.

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