The neoclassical mannequin that also dominates financial idea in the present day is unsuited to fixing issues corresponding to 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 have to be immutable and definitive. Similar to different fashions earlier than it, and similar to every part that’s human, the neoclassical mannequin will ultimately be tailored or changed. There are already indicators of varied makes an attempt alongside these strains. However this evolution is being hampered by a monopoly over the foremost worldwide financial journals, which are likely to reject articles that search to free themselves from neoclassical orthodoxy.”
Supply
Comments are closed.