background preloader

Conscious Economics

Facebook Twitter

A Jobs Agenda for Jackson County, Oregon 2011-2015. Dream Group Intelligence. Projection, Entanglement & Dream Intelligence. Deliberation & Group Process. My friend Suzanne Mathis McQueen is writing a book on women’s body cycles and ecological awareness. She asked me the other day, “wondering if you have a blog you can direct me to that speaks to our economic structure being out of alignment with the natural rhythms of the universe, and therefore the reason we don’t have “honest economics” or a system that works?”

My response is read Herman Daly and David Abram. The former is an economist, the latter an anthropologist. Herman Daly’s basic message is, like a lot of environmental economists, that the environment is threatened by failures of markets, namely externalities and subsidies. But he goes further to say that markets, even if amended to account for full costs, still aren’t enough. Overall size of human footprint and economy must be decided upon outside of markets. Abram further underscores Daly’s point in that we are mistaken when we think that our information, including prices, are sufficient guidance to do the right thing.