Why is the Economy stupid? Yannick Beaudoin at TEDxArendal
We designed its “software” 100 or more so years ago with barely an update since; we taught it that people are always rational in their choices and behaviors; we even programmed in something along the lines of nature being infinite. Bill Clinton remarked: “It’s the Economy, stupid”! – the voice society uses to speak with nature; so why are we screaming at the natural world we depend on? Fortunately an economic software update has started. By learning from our desired future, we can collectively enable that update before the hardware itself goes “blue screen”.
Yannick Beaudoin heads UNEP/GRID-Arendal’s Marine Division which strives to strengthen global understanding of the value of the ‘Blue World’ and how we manage our impacts on it and relationship with it. Following an early academic doctoral focus on deep ocean hydrothermal systems and their associated mineral deposits and unique ecosystems, he is currently undergoing a “re-education” at Schumacher College in the UK where he is completing an MA in Economics for Transition.
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From album: TEDxArendal
Produced by: GRID-Arendal