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8 - Politicians and Climate Change Economists

Published online by Cambridge University Press:  20 January 2024

Anna Killick
Affiliation:
University College London
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Summary

But new changes have come forward on the agenda of everyone; “Remember the climate”, for instance, changing totally what's really good economic policy.

(Danish Social Democrat politician)

A number of politicians advocate “degrowth”. I don't believe that it is possible for a country like France, who's seen mass unemployment. I think we have an obligation today to continue to create jobs … perhaps not in the same way, and certainly not to have growth that is so demanding in the consumption of resources, but I think we must continue to produce, to be a country that builds, that creates businesses. So, on these issues, my position is very classically a position, I would say, more of the liberal right, which believes in business. There's the path: entrepreneurial freedom, freedom of initiative, believing in innovation and in research progress. Things which have sometimes been abandoned, including by the left.

(French centre-right politician)

Economist Kate Raworth (2017) says that “you can't walk away from economics because it frames the world we inhabit”, but decided we need to “flip it on its head”: “What if we started economics with humanity's goals for the 21st century, and then asked what economic mindset would give us even half a chance of achieving them?” She develops the doughnut concept of boundaries, in which the hole in the middle is where people's needs are not met and the boundary beyond the edge of the doughnut is where we risk putting too much pressure on the world's resources. Drawing on numerous strands of economics, such as “complexity, ecological, feminist, behavioural and institutional eco-nomics”, her aim is to find how to meet humanity's needs. But she says it will require a fundamental transformation of the “mainstream economic mindset”, from universities to parliaments.

So far, this book has related how politicians describe their current economic mindsets. Most recount a chronological path, starting in their late teens or early twenties, of becoming interested in politics, becoming aware of their own values and predispositions and how this process affected their thinking about the economy.

Type
Chapter
Information
Politicians and Economic Experts
The Limits of Technocracy
, pp. 117 - 132
Publisher: Agenda Publishing
Print publication year: 2022

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