Efficient Allocation, Fair Distribution, and Sustainable Scale

Many of the worst environmental and social problems that we currently face can be traced to root causes in our economic system - in particular to issues of unsustainable scale, unfair distribution, and inefficient allocation. Ecological economics is particularly concerned with sustainable scale and fair distribution, while mainstream (or neoclassical) economics is much more concerned with efficient allocation. In this lecture, I explain the difference between allocation, distribution, and scale, and the types of policies that are needed to address them.

[@stefanw.1744]

Amazing! That you very much for this inspiring series!

[@kittlee3704]

Reading John Rawls. Your video provides a helpful background tutorial.

[@sergiodanielramirezdelaveg3350]

Great video Dan! Missing your EE course! Cheers