|Something strange happened to economics about a century ago. In moving from classical to neo-classical economics -- the dominant academic school today -- economists expunged land -- or natural resources. Neo-classical value theory -- based on marginalism and subjective valuation-still makes a great deal of sense. Expunging natural resources from the way economists think about the world does not - Martin Wolf, Financial Times
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Scott Baker is a Managing Editor & The Economics Editor at Opednews, and a blogger for Huffington Post, Daily Kos, and Global Economic Intersection.
His anthology of updated Opednews articles "America is Not Broke" was published by Tayen Lane Publishing (March, 2015) and may be found here:
Scott is a former President of Common Ground-NYC (http://commongroundnyc.org/), a Geoist/Georgist activist group. He has written dozens of articles for (more...)
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