See on Scoop.itThe Great Transition

“The economic ‘theories’ underpinning our current society developed exclusively during the short period labeled ‘A’ on the graph, on a planet still ecologically empty of human systems and when increasing amounts of extraordinarily powerful fossil energy was applied to an expanding global economic system.”

Willy De Backer‘s insight:

Brilliant insights from economist-trader turned ecologist Nate Hagens on why our economists and our economies are in such a sorry state.

See on www.theoildrum.com