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Conventional Economics on a Crowded Planet

  • Fraser Murison Smith
Chapter

Abstract

Conventional, or mainstream, economics contains much theory and practice that will be indispensable to a future economics for a crowded planet. It also incorporates a great deal of thinking that it antithetical to a world-view of economic alignment with nature. The challenge is to tease apart what is useful from what should be replaced. This chapter surveys the twentieth-century economic orthodoxy, identifying disconnects with the foundational propositions outlined earlier. It proposes new ways of thinking about the economy and of conducting economic analysis, while retaining core concepts from existing economic theory.

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Copyright information

© The Author(s) 2019

Authors and Affiliations

  • Fraser Murison Smith
    • 1
  1. 1.San RafaelUSA

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