Rethinking Progress in a Time of Crisis
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Forget U S dollars, the Hudson Valley has its own currency
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Now is the time for action
The bankruptcy of economics and the negligence and malfeasance of the economics profession is now evident, as I have charged since the 1960s and in my “Economists versus Ecologists”,
New York Times, October 24, 1971. The generational task of metaphysical reconstruction is almost complete, as we see all the policy and market failures around us: from climate change and pandemics to crises in our global food systems and the proliferation of space junk on our planet’s low Earth orbits, of which I also warned over 30 years ago. As Greta Thunberg tells us, the time now is for action. We know what is needed and no intellectual obfuscation or cognitive biases need to stand in our way. We must call out the cognitive biases of theory-induced blindness, described by Daniel Kahneman in his