Want to create an interactive transcript for this episode?
Podcast: Debunking Economics - the podcast
Episode: Will more realistic pricing of energy and pollution save the planet?
Description: In a recent podcast Steve Keen claimed that the law of thermodynamics dictates that we can no longer extend economic growth whilst looking for efficiencies in our use of energy. This week Phil questions Steve more on this. After all, so much of the growth we have seen over the last 100 years has come from the way we harness energy and use it to better effect. Canβt we just keep doing that? And could we use economics to fix the problems it has created, by more accurtaelyt pricing the real cost of energy and pollution? Even if we could β and...