View Full Version : “Green Economics”: Turning Mainstream Thinking on Its Head

03-01-08, 05:24 PM
“Green Economics”: Turning Mainstream Thinking on Its Head (http://www.worldwatch.org/node/5623)

A few years ago, a homeowner in Las Vegas — a place that gets maybe five inches of rainfall a year — was confronted by a water district inspector for running an illegal sprinkler in the middle of the day. The man became very angry. He said, “You people and all your stupid rules — you’re trying to turn this place into a desert!”

Ideas about how the world works that don’t accord with reality can be unhelpful. That’s especially true about mainstream economics, which is based in part on ideas that made a lot of sense at some point in the last 250 years but that have outlived their time and usefulness. These ideas — such as the reliance on GDP as the key index of general well being — still dominate assumptions and thinking about economic matters in the media, governments, businesses, and popular consciousness.

But in recent decades, economics theoreticians and researchers have suggested a variety of reforms that would make economics truer, greener, and more sustainable. My colleague Gary Gardner and I describe seven of these in Chapter 1 (http://www.worldwatch.org/files/pdf/SOW08_chapter_1.pdf) of the Worldwatch Institute’s latest report, State of the World 2008: Innovations for a Sustainable Economy (http://www.worldwatch.org/stateoftheworld):
(contd) (http://www.worldwatch.org/node/5623)

03-02-08, 06:35 PM
"Green is the new black."

04-10-08, 03:13 PM
Green is green.