Environmental Economics

Capitalism is the exploitation of man by man; Communism is the exact opposite.

Economics is a subject that really relates to core aspects of human well-being, and there’s a methodology for thinking about these things. This was a very appealing combination to me. Market systems are capable of massive breakdowns that can result in long, devastating periods of high unemployment. And I felt that economists had really learned something about how to address that.

In my youth it was said that what was too silly to be said may be sung. In modern economics it may be put into mathematics.