Climate Change in Spaceship Earth
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There is general consensus among the world’s leading scientists that climate change is occurring, and that it is largely the result of human actions. In economics, however, there is no consensus about how to address this problem. The dominant economic school of thought is neoclassical economics, which emphasizes free markets and future technology to solve environmental problems, and deemphasizes the role of government. This article argues that ecological economics, as presented by Kenneth Boulding, is a better alternative to neoclassical economics because it is more compatible with the AQAL model developed by Ken Wilber and others. Boulding’s approach is transdisciplinary and presents a unique way of formulating economic policies that better address the economic causes and eﬀects of climate change.