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Toward a new sustainable economy

Costanza, Robert

Description

The current financial meltdown is the result of under-regulated markets built on an ideology of free market capitalism and unlimited economic growth. The fundamental problem is that the underlying assumptions of this ideology are not consistent with what we now know about the real state of the world. The financial world is, in essence, a set of markers for goods, services, and risks in the real world and when those markers are allowed to deviate too far from reality, 'adjustments' must...[Show more]

CollectionsANU Research Publications
Date published: 2010
Type: Book chapter
URI: http://hdl.handle.net/1885/39338
Book Title: Macroeconomic Theory and its failings

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