2 ms·

> To me the shining failure of modern economics environmentally is the inability to enact a carbon tax in the last 30 years Every single economist has been sho

> To me the shining failure of modern economics environmentally is the inability to enact a carbon tax in the last 30 years Every single economist has been shouting for a carbon tax for around this time frame. It's a political problem, not an econ one. There are many valid complaints about academic econ. I think you're right that many of them stem from a pro-business cultural bias, but it really doesn't seem like you know enough economics to have much of an opinion on them. Claiming that externalities are a bolt on when they're taught in every single econ 101 class is certainly puzzling.

AtlasBarfed 5y ago
Your 3300 economists finally issued a joint statement in 2019. Oh thanks, we're already at 1C warming. Way to be in front of things. It's only been, what 30 years of mainstream science? And yet still carbon taxes are opposed by every conservative think tank with staff economist (flunkies?) carrying the water. And that 3300 statement, did it come out of the CLC? With major oil producers cosigning? Strange how the oil companies, possibly the strongest lobby in congress, can't get carbon taxes through. Almost like they really don't support it. I guess you guys have done everything possible, after all you signed a petition. Can't wait for the not-really-Nobel prize to actually reward economics that involve actual climate solutions. Oh look! Another old white man doing price theory math. That will save us.