A New Economics

A New Economics is Required

A new economics is required that takes into account the true costs of our economic actions. These true costs have been difficult to assess historically and are easy to ignore. In fact many businesses would rather they were ignored, with good reason. Someone else always ends up paying for those costs then through public spending.

In the science of economics these costs are often referred to as externalities. Here are some examples:

Pollution, Noise, Human health problems, Biodiversity loss and Erosion.

A New Economics is Required

Case Study – Soya Beans

Soya for human food

Soya for farm animal food

Biofuel, oils and other

5%

75%

20%

Soya is a staple food and a great source of protein

Feeding animals with soya to feed humans is incredibly inefficient

  • CO2 produced by shipping
  • CO2 emitted by fertiliser production
  • CO2 emitted by burning a hectare of rainforest
  • Environmental cost of destruction of a hectare of rainforest
  • Tax for destruction of former rainforest

How do we Implement Change? – if a New Economics is Required?

The Soy Moratorium

https://www.ucsusa.org/resources/soybeans

We support One Acre Fund www.oneacrefund.org

Click here to learn how to improve sustainability through economics

A New Economics is Required – This is a Temporary Measure

When I say a temporary measure Im probably talking hundreds of thousands of years if not millions. Do nothing and that period will likely shorten to hundreds of years, maybe less.

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