Which, if you have not noticed, does not seem to be working particularly well when it comes to guiding us (decision makers but also the voters behind them) toward better policy choices, even in matters purely “economic” (money, prices, interest rates, income distribution, taxation, regulation, growth, etc.).
With this harsh truth in mind, we try to keep up on matters economic, and several of our collaborative programs have this as their aim. One, EXERNOMICS, you can follow on Facebook at https://www.facebook.com/pages/Exernomics/552738241538438 . Or directly via http://exernomics.ecoplan.org
Have a look and share your thoughts with us on this
EXERNOMICS is led by Professor Robert U. Ayres of INSEAD, IIASA, etc. Ayres’s career has focused on the application of physical ideas, especially the laws of thermodynamics, to economics; a long-standing pioneering interest in material flows and transformations (Industrial Ecology or Industrial Metabolism); and most recently to challenging held ideas on the economic theory of growth. (For more on Ayres click here – en.wikipedia.org/wiki/Robert_Ayres_(scientist)