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Reality Report: Ecological Economics

length: 52:13   credit: Reality Reportdownload

In this edition of the Reality Report, economics Professor Joshua Farley of the Gund Institute for Ecological Economics at the University of Vermont discusses the false assumptions of dominant economic theory, why this leads to problems, and what an alternative economic system might look like. During the interview, Prof. Farley explains how policies to protect the environment, stem the loss of biodiversity, conserve fossil fuels, and deal with climate change will fail without economic reform that first sets the sustainable scale of the human economy, secondly decides what is a just distribution, and finally allows the market to find the most efficient allocation.

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