House of Commons & a New Economics

Neva Rockefeller Goodwin is probably best known for her leadership of shareholder action at ExxonMobil, intended to help the company, sooner rather than later, to anticipate and take leadership in ushering in a post-carbon economy. But on October 28th visitors to Britain’s House of Commons could have heard Dr. Goodwin, …

REAL ECONOMIES AND THE ILLUSIONS OF ABSTRACTION

World Affairs: The Journal of International Issues, Vol. 15 No. 1 Winter Hazel Henderson © 2010 The yawning gap between the real world and the discipline and profession of economics has never been wider.  The ever-increasing abstractions in finance and its models based on “efficient markets” and “rational actors”: capital …

Can Accountants Save the World?

Reprinted with permission from ICAEW Global financial meltdown is bad enough but what about catastrophic climate change? Floods in China and Pakistan, forest fires in Russia, drought in Australia – the ‘climate crunch’ could be more devastating than the credit crunch. Accountants were at the heart of the operation to …