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234: It's About Stuff


KMO sits down with Charles A. S. Hall for an explanation of biophysical economics. If all wealth comes from the land, why do we think of economics as being about money and labor rather than about energy and "stuff?" Prof. Hall details the unworkable assumptions of neoclassical economics and brings an ecological focus to the study of labor, capital, and economic activity.

Music by the David Wax Museum.

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( 2 comments — Leave a comment )
Dec. 7th, 2010 03:26 am (UTC)
Recognition of H2O as essential aspect of our economy
Another great interview, KMO. Thank you. In this interview, Prof. Hall says, "...the most important part of our economy is the proper functioning of the hydrological cycle." "That's not included in economics. Why don't they? Prices aren't involved." "The hydrological cycle is THE most important aspects of our economy."

I think some people have realized this and are ready to cash in on it. This clip is a hyperbolic presentation of conspiracy, more fear mongering, but you get the point.

Dec. 17th, 2010 01:58 am (UTC)
Charles Hall
A idea for you KMO: If you value oil in money, and you go out and just print money, as is happening now, then you essentially have the oil for nothing, or for free, and free energy doesn't exist in nature. Therefore.......??
( 2 comments — Leave a comment )

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