Steve:
Baloney. The profession of Economics is a lap-dog. The powers that be, political and economic, have co-opted the economics profession, which is entirely a captive of market fundamentalism.
Those brave economists who stray too far from fundamentalism are ignored or worse. I'm thinking of Nicolas Georgescu-Roegen, Herman Daly, and maybe Kenneth Boulding, from earlier decades. It is time for economists to get serious and admit the limitations of the market model.
Or, maybe something has changed that I don't know about in the ten years I've been away.
My two cents.
John Lozier
~^~^~^~^~^~^~^~^~^~^~^~^~^~^~^~^~^~^~^~^~^~^~^~ West Virginia University Extension Service PO Box 6108, Morgantown, WV 26506-6108 Telephone 304-293-6256 ~^~^~^~^~^~^~^~^~^~^~^~^~^~^~^~^~^~^~^~^~^~^~^~ >>> fordmgmt@EARTHLINK.NET 12/24/04 1:14:58 PM >>> James,
I can't say what ecologists believe, but your generalization of economists' beliefs is absolutely wrong. Depletion of resources is of great concern to economists and there is a huge field devoted to proper management of those resources and another to the measurement of their value. You can argue that the measurement of economic activity based on GDP ignores natural resource depletion, but there is an effort to provide green accounting in that area, also. As an aside, The Economist magazine this week had a piece on Bhutan and how it has been decreed there to measure development with GDH (gross domestic happiness) instead of GDP. Economists are well aware of the externalities of economic activity, and the problems arising in non-market valuation of their worth. Steve Ford -----Original Message----- From: Sustainable Agriculture Network Discussion Group [mailto:SANET-MG@LISTS.IFAS.UFL.EDU] On Behalf Of James Kotcon Sent: Friday, December 24, 2004 11:35 AM To: SANET-MG@LISTS.IFAS.UFL.EDU Subject: Re: [SANET-MG] Self-suffiency and Sustainability I think part of the issue is whether "new wealth" is in fact being created. Most economists will ignore depletion of renewable and non-renewable resources and assume that "wealth" is being created simply because economic activity occurs. Ecologists argue we should take a more holistic approach. Economists reply that much of the ecosystem services and resource depletion that ecologists worry about is not quantifiable, and thus fall into the tap that the only thing that counts is what can easily be counted. JBK At 07:21 PM 12/23/2004 -0500, you wrote: > >No closed economy can survive. Outside funds are essential to ! a >healthy economy. Unless new wealth is created as a regu lar part of >business, the entire planet would sink into poverty and despair in a >few weeks. The same is true of a farm or a village. Descending to the >level of hunter gathers is not high on my list of goals but that is our >fate if we don't pay attention to business. > >Neal Van Milligen ><http://www.kentuckyenrichment.com>www.kentuckyenrichment.com ><mailto:cavm@aol.com>cavm@aol.com > > > >***************************************************** > >To unsubscribe from SANET-MG: > >1- Visit ><http://lists.sare.org/archives/sanet-mg.html>http://lists.sare.org/arc >hives/sanet-mg.html >and unsubscribe b! y typing in your e-mail address or; > >2- Send a message to <mailto:listserv@sare.org>mailto:listserv@sare.org >from the address subscribed to the list. Type "unsubscribe sanet-mg" in >the body of the message. > > > >Visit the SANET-MG archives at: ><http://lists.sare.org/archives/sanet-mg.html>http://lists.sare.org/arc >hives/sanet-mg.html > > ***** Jim Kotcon 304-293-3911 ext. 2230 (office) 304-293-2872 (fax) 304-594-3322 (home) West Virginia University Division of Plant and Soil Science 401 Brooks Hall, P. O. Box 6058 Morgantown, WV 26506 ******************************************************** To unsubscribe from SANET-MG: 1- Visit http://lists.sare.org/archives/sanet-mg.html A> to unsubscribe or; 2- Send a message to <listserv@sare.org> from the address subscribed to the list. Type "unsubscribe sanet-mg" in the body of the message. Visit the SANET-MG archives at: http://lists.sare.org/archives/sanet-mg.html For more information on grants and other resources available through the SARE program, please visit http://www.sare.org. ******************************************************** To unsubscribe from SANET-MG: 1- Visit http://lists.sare.org/archives/sanet-mg.html to unsubscribe or; 2- Send a message to <listserv@sare.org> from the address subscribed to the list. Type "unsubscribe sanet-mg" in the body of the message. Visit the SANET-MG archives at: http://lists.sare.org/archives/sanet! -mg.html For more information on grants and other resources available through the SARE program, please visit http://www.sare.org. &NBSP; ***************************************************** To unsubscribe from SANET-MG: 1- Visit http://lists.sare.org/archives/sanet-mg.html
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