FORA.tv

Fuel the Enlightenment

Jeffrey Sachs on Economics for a Crowded Planet

Book Passage
Rate It
12,167 Views
  • Info
  • Bio
  • Full Program
  • Highlights
  • Transcript
  • Download
  • More
ppra Avatar
ppra
Posts: 1
Posted: 04.23.08, 06:55 PM
Cannot see or download the video.
Permalink
jimbob6986 Avatar
jimbob6986
Posts: 4
Posted: 05.02.08, 10:12 PM
Having followed Sachs for a few years i can't help but notice his major change in demeanor. The optimism of 'the end of poverty' is gone. he looks and speaks like a man who knows and has seen too much.
Permalink
psikeyhackr Avatar
psikeyhackr
Posts: 2
Posted: 07.15.08, 09:46 AM
More Missing Data
24 minutes into the video Sachs talks about Harvard not teaching economics that takes resources into account. That is not the only thing missing from their equations.

When those resources are used to make cars for consumers they are added to GDP when they are sold. But cars wear out, therefore they depreciate. Shouldn't they then be subtracted from somewhere? Economists don't mention NDP very much. They only subtract the depreciation of CAPITAL GOODS.

Economists can't do algebra. Americans must lose at least $300 BILLION in depreciation on cars every year, but economists say nothing about that.

What has planned obsolescence contributed to global warming over the last 50 years? But economists don't use that term either.

Where does the DEPRECIATION of Consumer Goods fit into economic theory.

Double entry accounting is 700 years old. Why can't everyone do it with today's computers? I haven't heard economists suggest mandatory accounting in the schools.
Permalink
psikeyhackr Avatar
psikeyhackr
Posts: 2
Posted: 07.15.08, 09:50 AM
GlobaLIES1

GlobaLIES2

Sorry, I forgot
Permalink
Please log in or register to post a comment.
Advertisement

Related Programs

A Conversation with Clif Bar and Stonyfield Farm Founders A Conversation with Clif Bar and Stonyfield Farm Founders
01:07:57 min | 2,719 Views
Robert Swan: Explorer and Environmental Leader Robert Swan: Explorer and Environmental Leader
01:12:18 min | 2,206 Views
Building Green in China Building Green in China
01:19:42 min | 1,832 Views
Carbon Trading Workshop Panel 1 Carbon Trading Workshop Panel 1
00:44:06 min | 1,335 Views
Cities Respond to Climate Change: Panel Cities Respond to Climate Change: Panel
01:04:44 min | 1,433 Views

Browse Programs by Tag

Arts Books Climate Change Computing Conflict Credit Crunch Defense Democratization Economic Policy Education Election 2008 Emerging Markets Energy Entertainment Entrepreneurship Environment Film Food Globalization Health & Wellness Healthcare History Internet Investing Law Medicine Music Muslim World Natural Sciences New Media Personal Technology Philanthropy Religion Social Issues Social Sciences Sustainability Terrorism The Bailout U.S. Foreign Policy White House 2009

Advertisement