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Jakarta Post

Green economy: Growth is not good enough

  • Montty Girianna

Jakarta   /   Mon, November 15 2010   /  09:15 am

I took a summer class at the JFK School of Government at Harvard University a while ago, long before SBY, our beloved president, gave a speech in the main building of the school. One of the professors complained of the narrow scope of mainstream economics as a purely quantitative expression and assumption of a homo economicus perspective.  He was arguing that in the end what matters is the evolution of societies within a long-term time frame.I did not buy in to that argument until I recently paid attention to global news and read a number of articles on what they call the green economy. The proponent of a green economy firmly says that yes, the economy has been providing a tool for understanding a short-term business cycle, but what is  important is a cycle of evolution of nature, such as global warming and climate change. While, a short-term cycle corresponds to what we call ...