Economics need to change - now more than ever! With Exploring Economics, we strengthen alternative economic approaches and counter mainstream economics with a critical and pluralistic vision of economic education. We also provide background analyses on current economic debates to strengthen a critical economic discourse.
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Averting Systemic Collapse
ZOE. Institute for future-fit economies, 2019
What data is used in the economic models of the IPCC? How problematic is it, that tipping points are often ignored?
This is Prof. Steve Keen's presentation "Flawed Approaches (and a New Approach) to Environmental Challenges" at the OECD Conference "Averting Systemic Collapse" in Paris on September 18th, 2019.
In his presentation, he strongly criticizes William Nordhaus's climate model and integrated assessment models (IAMs) used in IPCC reports, showing how problematic ignoring tipping points can be in such models and damage functions.
Go to: Averting Systemic Collapse