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Concern does not assist | tagesschau.de – Germany

The neoclassical mannequin that also dominates financial principle as we speak is unsuited to fixing issues resembling local weather change and environmental destruction, writes physicist and local weather researcher Filipe Duarte Santos within the Jornal Económico:

“It is a mistake to suppose that financial fashions should be immutable and definitive. Identical to different fashions earlier than it, and similar to every little thing that’s human, the neoclassical mannequin will ultimately be tailored or changed. There are already indicators of assorted makes an attempt alongside these traces. However this evolution is being hampered by a monopoly over the key worldwide financial journals, which are likely to reject articles that search to free themselves from neoclassical orthodoxy.”

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