The position of the economy in the environment is a shared blindspot in economics: no existing school handles the topic well, and yet this is the key issue we need to understand. I explain the Laws of Thermodynamics–as well as I could in an introductory class without using mathematics–and provide some links to important topics that students wouldn’t normally hear about in an economics degree. [embedded content] Click here for the Powerpoint slides.
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The position of the economy in the environment is a shared blindspot in economics: no existing school handles the topic well, and yet this is the key issue we need to understand. I explain the Laws of Thermodynamics–as well as I could in an introductory class without using mathematics–and provide some links to important topics that students wouldn’t normally hear about in an economics degree.