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Meet the economist who wants the field to account for nature (www.technologyreview.com)

submitted 10 months ago by [email protected] to c/[email protected]

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[–] [email protected] 4 points 10 months ago* (last edited 10 months ago)

In Econ101, you learn about "externalities (wiki) which are the parts of the human experience which don't really "fit" in the rest of the economic model. That's when you start getting the idea that you can't just "line go up" for all of society and life.

Why doesn't this article even mention externalities or market failure?

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