Sentences with phrase «modern economists do»
Modern economists don't talk much about Jevons Paradox, but they do admit that the problem exists and refer it to «rebound.»
http://www.realclimate.org/
Modern economists don't talk much about Jevons Paradox, but they do admit that the problem exists and refer it to «rebound.»
Not exact matches
«A modern economist most likely would have identified the price rise in 1936 and 1937 as a temporary upswing in commodity prices that did not signal a significant increase in overall inflation,» Eggertsson writes.
Considering that, I would say that the greatest threat to real progress is modern economic theory, which still insists that «economists have done away with the notion of physical limits to growth.»
It isn't the end of modern economic theory, economists don't rely on continual growth to work their theories, they are just as happy to tell you how much your shrinking as how much your growing.