We All Need to Think Like Economists to Save the Planet
In order to put the right economic policies in place, we need a generally well-educated public who understand the value of these policies in the first place.
We need more economists, more people who have studied economics, who practice economics, and who do it in a way that doesn’t just enrich them personally, because they take the knowledge and try to make a buck or two. We need people to use that knowledge for the betterment of the world, for a greater good. We need people who essentially want to change the system like, for example, looking at the way we treat the planet and try to figure out ways to make people pay for the full cost of their pollution.
We need that on the one hand. We simply need an army of economists. What economists also need, of course, is an army in the first place. In order to put the right economic policies in place, we need a generally well-educated public who understand the value of these policies in the first place.
It would take everybody taking one economics class. That is probably at least as important as having a core group of really committed economists who really know their stuff out there to try and make a difference as a group of economists. What I would strongly urge everyone to do is consider economics to try to make sense of the world.
In Their Own Words is recorded in Big Think's studio.
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We take fewer mental pictures per second.
- Recent memories run in our brains like sped-up old movies.
- In childhood, we capture images in our memory much more quickly.
- The complexities of grownup neural pathways are no match for the direct routes of young brains.
In the face of seemingly unstoppable gun violence, Americans could stand to gain by looking to the Swiss.
- According to a recent study, the U.S. had the second highest number of gun-related deaths in 2016 after Brazil.
- Like the U.S., Switzerland has a high rate of gun ownership. However, it has a considerably lower rate of deaths from gun violence.
- Though pro-gun advocates point to Switzerland as an example of how gun ownership doesn't have to correlate with mass shootings, Switzerland has very different regulations, practices, and policies related to guns than America.
It's one of the most consistent patterns in the unviverse. What causes it?
- Spinning discs are everywhere – just look at our solar system, the rings of Saturn, and all the spiral galaxies in the universe.
- Spinning discs are the result of two things: The force of gravity and a phenomenon in physics called the conservation of angular momentum.
- Gravity brings matter together; the closer the matter gets, the more it accelerates – much like an ice skater who spins faster and faster the closer their arms get to their body. Then, this spinning cloud collapses due to up and down and diagonal collisions that cancel each other out until the only motion they have in common is the spin – and voila: A flat disc.
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