Professors Fredrik Albritton Jonsson and Carl Wennerlind Discuss They're Recently Published Book, "Scarcity: A History From the Origins of Capitalism to the Climate Crisis"
Professors Fredrik Albritton Jonsson and Carl Wennerlind Discuss They're Recently Published Book, "Scarcity: A History From the Origins of Capitalism to the Climate Crisis"
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Listen now (37 mins) | Professors Albritton Jonsson and Wennerlind’s recently published book, “Scarcity” by Harvard University Press, offers interpretations of a key concept in economic theory: scarcity, or the belief we live in a world of limited resources and therefore must master the natural world to meet desired needs. The authors state, “the book does not offer a critique of the usefulness of the neoclassical concept of scarcity, instead, the problem we highlight is that it has been far too successful,” that is “by promoting optimal use of resources and maximum economic growth, it has fostered a world in which the economy and nature are on a collision course.” As a result our economic success has endangered both our health and survival via the use of fossil fuels to power our economy.
Professors Fredrik Albritton Jonsson and Carl Wennerlind Discuss They're Recently Published Book, "Scarcity: A History From the Origins of Capitalism to the Climate Crisis"
Professors Fredrik Albritton Jonsson and Carl…
Professors Fredrik Albritton Jonsson and Carl Wennerlind Discuss They're Recently Published Book, "Scarcity: A History From the Origins of Capitalism to the Climate Crisis"
Listen now (37 mins) | Professors Albritton Jonsson and Wennerlind’s recently published book, “Scarcity” by Harvard University Press, offers interpretations of a key concept in economic theory: scarcity, or the belief we live in a world of limited resources and therefore must master the natural world to meet desired needs. The authors state, “the book does not offer a critique of the usefulness of the neoclassical concept of scarcity, instead, the problem we highlight is that it has been far too successful,” that is “by promoting optimal use of resources and maximum economic growth, it has fostered a world in which the economy and nature are on a collision course.” As a result our economic success has endangered both our health and survival via the use of fossil fuels to power our economy.