tag:blogger.com,1999:blog-4900303239154048192.post430779120743590047..comments2024-03-06T06:34:42.881-05:00Comments on EconoSpeak: Galbraith Part 2 on "Can Obamanomics Solve the Crisis?"Unknownnoreply@blogger.comBlogger11125tag:blogger.com,1999:blog-4900303239154048192.post-24944759587462360182009-01-25T05:17:00.000-05:002009-01-25T05:17:00.000-05:00By the way, I used up half of our households month...By the way, I used up half of our households monthly broadband access viewing Part 1 of JG's interview. Part 2 will have to wait till February. <BR/><BR/>Is a transcript available?Myrtle Blackwoodhttps://www.blogger.com/profile/07427043367624101075noreply@blogger.comtag:blogger.com,1999:blog-4900303239154048192.post-52446958229041412612009-01-25T05:13:00.000-05:002009-01-25T05:13:00.000-05:00...with the possible exception of your opposition ...<I>...with the possible exception of your opposition to nuclear, where you and I also have disagreements. . .</I><BR/><BR/>Errr.. Where do you and JG explain the environmental viability of nuclear???Myrtle Blackwoodhttps://www.blogger.com/profile/07427043367624101075noreply@blogger.comtag:blogger.com,1999:blog-4900303239154048192.post-64472948505481680662009-01-24T21:16:00.000-05:002009-01-24T21:16:00.000-05:00BarkleyI take your points. It is apparent, as you...Barkley<BR/>I take your points. It is apparent, as you say, that JG is taking the environmental issues very seriously.<BR/><BR/>I'm fumbling, perhaps, with my attempts to articulate the problem here. It's not that the concern is lacking. It's more that the paradigm of expression needs to change in order to respond to the type and level of crises we all face.<BR/><BR/>There are some fantastic books on economics that hardly mention the environment. I'm reading some of these at present. But here's the contexts. The new American President has just been elected and one of the most enlightened economist is being interviewed about the nature and extent of the problems we face....and the environment comes in at part 2. Not in the introduction. His latest book (which I would really like to read) has only one chapter on the 'environment'??<BR/><BR/>Maybe my words seems harsh or overcritical of a person who has already contributed a lot towards the env-econ field. JG isn't the only one that gets more flak from me than they deserve. <BR/><BR/>Nevertheless its paradigm-shift time.Myrtle Blackwoodhttps://www.blogger.com/profile/07427043367624101075noreply@blogger.comtag:blogger.com,1999:blog-4900303239154048192.post-84172526282196085852009-01-24T20:22:00.000-05:002009-01-24T20:22:00.000-05:00Brenda,The big guy, jg (and he is plenty tall), is...Brenda,<BR/><BR/>The big guy, jg (and he is plenty tall), is probably not reappearing here on this thread, having other fish to fry. But, I know that he takes environmental issues very seriously, far more seriously than the vast majority of economists. I doubt that he would disagree with any of the specific matters you raised, with the possible exception of your opposition to nuclear, where you and I also have disagreements. <BR/><BR/>Regarding which is embodied in which, while it is useful to slap the more seriously dumb economists with this matter, I think it is ultimately a sterile disupute, or at least unresolvable. I prefer the formulation of Vladimir Vernadsky back in 1945 of the "nooosphere," which essentially says that there is a higher order synthesis (oh so dialectical coming from a Soviet commie) of the two aspects.Barkley Rosserhttps://www.blogger.com/profile/13114257724762074636noreply@blogger.comtag:blogger.com,1999:blog-4900303239154048192.post-12789878503918794002009-01-24T17:59:00.000-05:002009-01-24T17:59:00.000-05:00JBR: "in this Part 2 he did spend some time on en...JBR: "<I>in this Part 2 he did spend some time on environmentally sound and sustainable development. He distinguished a short run need to get out of the recession and the longer run need to deal with our misuse of energy and the environment.</I><BR/><BR/>JG: <I>"my book has an entire chapter on the environmental crisis.</I>"<BR/><BR/>So, you're saying that the environment is part of economics? I say economics is part of the environment.<BR/><BR/>I've drafted some book chapter ideas (below) to attempt to break down what Forbes Bottomly refers to as the 'isolation wards' of subject-area specialty:<BR/><BR/><I>"Manipulation of Environmental Science <BR/><BR/>Chemical Industry is EPA’s Primary Research Partner <BR/><BR/>Climate Change Science Doctored<BR/> <BR/>Global Warming Panel Composition Distorted <BR/><BR/>Media Manipulation <BR/><BR/>Scientists fail to reveal their funding by industry <BR/><BR/>Peak Oil <BR/>China’s oil consumption increasing by 7.5%/year with 8-10% GDP growth rate. In 2005 China increased its energy use by 20%. Coal consumption grew 10.9 percent. Hydro electricity by 4.2 percent. <BR/><BR/>2000 – 2004. China’s rates of CO2 emissions from industry increased at a rate over three times that of the 1990s. <BR/><BR/>2007 – May. The Southern oceans ability to absorb CO2 has weakened and this situation is contributing to a faster rise in atmospheric CO2 <BR/><BR/>2005 – Deforestation alone is contributing to a quarter of all greenhouse gas emissions. <BR/><BR/>80-fold increase in use of energy for food last century <BR/><BR/>Higher Oil Prices <BR/><BR/>Ice Sheet Melting <BR/><BR/>Global ice melt causes more earthquakes that cause the ice-sheets and glaciers to be dislodged. If it happens en-masse it will cause an earth axis change. <BR/><BR/>Greenland Ice Sheet Melt <BR/><BR/>West Antarctic Ice Sheet Melt <BR/><BR/>The Extreme Chandler Wobble – precursor to a pole shift? <BR/><BR/>A prophetic vision – pole shift <BR/><BR/>The benefit of knowing <BR/><BR/>Climate Change <BR/><BR/>Net Overall Global Drying Trend Predicted <BR/><BR/>Southern Ocean Current Faces Slowdown Threat <BR/><BR/>Slowing of the Atlantic meridional overturning circulation <BR/><BR/>Paper Consumption <BR/><BR/>2007 – December 8th. Global paper consumption has quadrupled in the last 40 years. <BR/><BR/>Food Production <BR/>Pollinating Insects Dying Off <BR/><BR/>Green Revolution – Problems with it <BR/><BR/>Conflict over Natural Resources <BR/>Egypt over water <BR/>Israel over water <BR/>US over Oil <BR/>US over diamonds, copper, gold, coltan and niobam in the Congo <BR/><BR/>GDP and the Environment <BR/>Environmental Kuznets Curve <BR/>GDP per capita <BR/>EPI versus Competitiveness <BR/>Data Gaps in the Environment Performance Index 2006 <BR/><BR/>Oceans <BR/>Top half mile of oceans have warmed dramatically in last 40 years <BR/>Dangerous feedback loop now established <BR/><BR/>Atmospheric litter <BR/>Mercury <BR/>Nitrogen <BR/>Fish harvest <BR/><BR/>Hurricanes <BR/>Polar ice caps <BR/>Ocean wildlife <BR/>Water Resources <BR/><BR/>Business as usual is not an option <BR/><BR/>Bottled Water: A Global Environmental Problem <BR/><BR/>Australia – drought 2007 <BR/>China – North China Plain and Yellow River (Huang He) <BR/>Pakistan – Indus River <BR/>Ogallala aquifer <BR/><BR/>Coastal fresh water is becoming salty as it is depleted <BR/>Fisheries <BR/>90 percent of large fish stocks depleted <BR/>Pollutants and fish <BR/>Biodiversity & Habitat <BR/>Pollinating Insects Dying Off <BR/>Heat pollution <BR/>Sustainable Energy <BR/>US Military’s Toxic Legacy <BR/>Pollution <BR/>Feminisation of the Population <BR/><BR/>Air Pollution <BR/>Pollution Decreases Rainfall <BR/><BR/>Sources of Human Contamination <BR/><BR/>Millenium Ecosystem Assessment <BR/><BR/>‘market value of a forest’ <BR/><BR/>Nuclear </I>"Myrtle Blackwoodhttps://www.blogger.com/profile/07427043367624101075noreply@blogger.comtag:blogger.com,1999:blog-4900303239154048192.post-58676437255380809032009-01-23T00:38:00.000-05:002009-01-23T00:38:00.000-05:00JGDo you ask the forbidden question? And if you do...JG<BR/><BR/>Do you ask <A HREF="http://econospeak.blogspot.com/2009/01/good-jobs-green-jobs.html" REL="nofollow">the forbidden question</A>? And if you do what is <I>your</I> answer?Sandwichmanhttps://www.blogger.com/profile/11159060882083015637noreply@blogger.comtag:blogger.com,1999:blog-4900303239154048192.post-32806892009658946142009-01-22T22:41:00.000-05:002009-01-22T22:41:00.000-05:00I take it that this "Anonymous" who signs as "JG" ...I take it that this "Anonymous" who signs as "JG" is Jamie Galbraith? Hi, and welcome back to econospeak.Barkley Rosserhttps://www.blogger.com/profile/13114257724762074636noreply@blogger.comtag:blogger.com,1999:blog-4900303239154048192.post-86040519655911447882009-01-22T22:23:00.000-05:002009-01-22T22:23:00.000-05:00Actually, my book has an entire chapter on the env...Actually, my book has an entire chapter on the environmental crisis. JGAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-4900303239154048192.post-52732627951269477172009-01-22T22:03:00.000-05:002009-01-22T22:03:00.000-05:00So why isn't this new public talk happening, even ...<I>So why isn't this new public talk happening, even amongst some of the most enlightened individuals?</I><BR/><BR/>Because economics is a cult.<BR/><BR/>As one economist (who goes pretty far out on the limb) joked to me, "I agree... But if I said that, I'd lose my economist's license."Sandwichmanhttps://www.blogger.com/profile/11159060882083015637noreply@blogger.comtag:blogger.com,1999:blog-4900303239154048192.post-83927109620472735432009-01-22T21:57:00.000-05:002009-01-22T21:57:00.000-05:00Actually in this Part 2 he did spend some time on ...Actually in this Part 2 he did spend some time on environmentally sound and sustainable development. He distinguished a short run need to get out of the recession and the longer run need to deal with our misuse of energy and the environment.Barkley Rosserhttps://www.blogger.com/profile/13114257724762074636noreply@blogger.comtag:blogger.com,1999:blog-4900303239154048192.post-16719752004786696052009-01-22T19:32:00.000-05:002009-01-22T19:32:00.000-05:00Barkley, I know that James Galbraith is very aware...Barkley, I know that James Galbraith is very aware of the global environmental crisis. So, why does he limit his economic dialogue to the financial dimension only.<BR/><BR/>This is a different globe to that of 1930. We now have an ecological crisis and it is a much larger crisis than that appearing in the economic arena; though the global economy has caused it.<BR/><BR/>The new reality, and the new demands for a differently-shaped economic sphere, should be echoed in all of the interviews that economists give. Because the situation is so urgent. <BR/><BR/>So why isn't this new public talk happening, even amongst some of the most enlightened individuals?Myrtle Blackwoodhttps://www.blogger.com/profile/07427043367624101075noreply@blogger.com