Celia Brauer: Putting the “home” back in economics
18.05.12
Many times. Perhaps it is because I choose to listen to people who speak about the importance of the Earth in our lives. But I sense I am out of step with many of my fellow humans and nowhere is this more obvious than when I read discussions about the “economy” in the media. As the fear of more recessions loom, columnists are trying to make sense of the daily ups and downs of the world’s economies and its impact on our world’s governments and their people. I suppose we can take comfort in the fact that so many are contributing but this is dangerous territory. Economics is a subject few people know anything about, which means that “experts” might well steer us right back into the swamp we just emerged from.
Surveying many of these discussions—there is a very obvious omission. Insights from the important trans-discipline of ecological economics (EE) may offer a potential path to salvation. Okay—let’s see a show of hands of the number of readers who have heard of EE. Yeah, just as I thought—most have no idea. Well, we might expect this from the layperson, but not from those who pretend to understand economic principles and how these interpretations can help in these turbulent times. The limited awareness of EE—indeed the “mental block” so many seem to have—is perhaps the key to understanding why our current problems are not responding to traditional prescriptions.
Source: Straight.com