Re: [OPE-L] heterodoxy

From: glevy@PRATT.EDU
Date: Thu Dec 01 2005 - 08:38:45 EST

This may be the most revealing page: it's a listing of the True
Cost economists.  Some surprising names made the list.
In solidarity, Jerry
True Cost Economics : Economists

These economists are the leading visionaries in the charge to take down
neoclassical economics. You'll find they provide sturdy shoulders to stand

E.F. Schumacher
E.F. Schumacher liked it when fellow economists dismissed his unorthodox
ideas and called him a crank. He took the barb as a compliment because
"the crank is the part of the machine which creates revolution and it is
very small. I am a small revolutionary!" Besides, Schumacher's economic
credentials were too impressive ... [more]

Kenneth Boulding
Kenneth Boulding gave the field of economics a healthy dose of
self-criticism. "Anyone who believes exponential growth can go on forever
in a finite world," he argued "is either a madman or an economist." And
while his fellow economists may not have appreciated the dig, they
couldn't dismiss Boulding's opinion ... [more]

Howard Odum
Chaos theory. the laws of thermodynamics. few economists understand how
these principles could possibly impact their work, even though they
trumpet their profession's supposed scientific rigor. For Howard Odum,
however, these principles were central to economics and life in general:
"The classical struggle ... [more]

Herman Daly
Herman Daly has been ostracized from the fraternity of economists because
he doesn't worship at the altar of unlimited growth. He believes that one
of the main problems with his estranged colleagues is that "they think
that the only way to solve environmental problems is to get richer and
don't consider for a minute that growth ... [more]

Robert Costanza
Robert Costanza figures that if the earth were a company, its balance
sheet would look so lousy that "we would definitely fire the CEO." And
Costanza would be among the most active shareholders. He is a co-founder
and past president of the International Society for Ecological Economics,
which currently boasts over 3,000 members ... [more]

Bill Rees
Bill Rees remembers the day he had his first ecological epiphany. He was
nine or ten years old, sitting down for lunch on his grandmother's country
porch after toiling in her fields all day. Looking down on his plate of
young new carrots, little potatoes and fresh lettuce, he "realized that
there wasn't a single thing on the plate ... [more]

Marilyn Waring
Marilyn Waring wishes her election to new zealand's parliament at 22 -
making her the country's youngest MP ever - wasn't such a remarkable feat.
After all, "It's supposed to be a house of representatives, so it
shouldn't have been so quaint." There was no questioning Waring's
competence, however, once she rose to chair the Public Expenditures
Committee after a mere two years as MP...[more]

Paul Hawken
A spider can spin silk as strong as kevlar, without using high
temperatures or sulphuric acid. Trees use sunlight and water to make
cellulose, a sugar with greater bending strength than steel. In his
acclaimed book Natural Capitalism, Paul Hawken (with co-authors Amory and
Hunter Lovins) proposes an industrial system ... [more]

Amory Lovins
To Amory Lovins, an energy efficient vehicle isn't just one that uses
cleaner fuel in a traditional combustion engine. It's a machine in which
every part is efficient, from lightweight carbon fiber materials shaped to
reduce drag, to a clean burning hydrogen fuel cell engine...[more]

Lester Brown
When Lester Brown challenged China's right to advance its economy by
emulating Western patterns of consumption, his critics jumped. His 1994
book, Who Will Feed China? predicted that if Chinese rates of consumption
increase to US levels, neither China nor the rest of the world will be
able to support its food needs ... [more]

Clifford Cobb
In 1995, Clifford Cobb and two colleagues from the california think tank
Redefining Progress wrote an eloquent critique of the Gross Domestic
Product. The article, which appeared as a cover story for the Atlantic
Monthly, explained how this outmoded measure of economic growth is itself
crippling progress ... [more]


David Batker
Six years ago, David Batker was arrested for talking to reporters on
behalf of Greenpeace in a protest against factory trawlers in Seattle.
Since then, the former World Bank economist has rarely strayed from public
view as a vocal critic of the WTO and IMF, a community educator on
pollution, deforestation and fisheries and as co-author of an influential
study on the perils of shrimp aquaculture. In 2003, Batker's peers awarded
him the first ever Herman Daly Award for his work in ecological economics.

Josh Farley
Josh Farley is a renaissance economist. with degrees in economics,
international affairs and biology, the University of Vermont professor
embodies the transdisciplinary nature of the new economics paradigm.
Recently he co-authored the first comprehensive textbook on ecological
economics with Herman Daly. Not content to just teach in the classroom,
Farley has traveled to Australia, Brazil and the Philippines to work
hands-on with community groups and governments in community-driven
projects. In his opinion, "ecological economics is too important to focus
primarily on academic studies that circulate among a group of . . . peers
before slowly diffusing out to the broader public."

Mark Anielski
Mark Anielski started out as a forest economist and has become a leading
light in the field of natural capital accounting. His work with the
Pembina Institute and Redefining Progress has been essential to the
development of the Genuine Progress Indicator. In 2001 he released a GPI
scorecard for Alberta, Canada, making that province one of the few
jurisdictions with an accurate measure of progress. He has used the GPI to
help governments and businesses develop sustainability programs that
account for all forms of capital. As far as he's concerned, "If Coca-Cola
operated its accounts the way we operate our System of National Accounts,
they'd be bankrupt."

Peter May
Peter May's work bringing agroforestry to Brazil has taken on a new
dimension as the consequences of global warming become more urgent.
Besides combating rainforest degradation, his work combining native plant
reforestation with small-scale agriculture has created newly competitive
real estate markets and local industries around seed trade and forest
management. But lately it's the role these born again forests play in
reducing carbon emissions that has the attention of policymakers looking
for ways to implement Kyoto. As carbon credits gain credibility, look for
May's agroforests to be cropping up everywhere.

Tom Green
The Great Bear Rainforest in British Columbia, Canada, accounts for a
quarter of the world's remaining unprotected coastal temperate rainforest.
Three years ago, conservation groups, logging companies and aboriginal
groups reached a landmark agreement to develop an ecosystem-based approach
to using the land. At the time, local ecological economist Tom Green
co-authored an influential report on the ecological impact of economic
subsidies for the logging industry. Three years later, with promises of
protection slipping under political pressure, Green's economic analyses
are at the forefront of the struggle to protect what's left of our natural

Peter Tyedmers
Peter Tyedmers uses the accounting tools of ecological economics to
measure the amount of energy commercial fisheries consume against the
nutritional energy we're getting in return. Large scale, industrial
fisheries now account for the majority of fish caught globally. According
to Tyedmers, the fossil fuel energy used in most of these fisheries
exceeds the nutritional energy reaped by the catch by at least ten times.
In related work, Tyedmers is using natural accounting methods to measure
the amount of greenhouse gases emitted by commercial fisheries.

Mathis Wackernagel
As a doctoral student under Bill Rees, Mathis Wackernagel helped develop
Rees's idea of the ecological footprint into a tool that measures the
natural resources we use compared to what nature can provide. The
resulting book, Our Ecological Footprint: Reducing Human Impact on Earth
introduced the concept to the world. Now, with his Global Footprint
Network (, Wackernagel is taking his tools for
sustainability to governments and urban planners, recently working with
the city of London's business council to find ways to reduce that city's

Richard Howarth
Are people concerned enough about the environment to change the way they
consume? Who really cares about future generations? Richard Howarth is a
scientist who compares our habits of consumption with our perceptions of
well-being to see how willing we are to sacrifice our lifestyles for
future generations. In one study, he models various carbon tax levels and
the reduction in global warming each would result in. Combining economics,
human psychology and ethics, his work is shaping the way policies like
Kyoto will be implemented.


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