Neoclassical Economics Explained
Climate Economics, episode 6.
Neoclassical Economics imposed itself over the past decades as the core of mainstream economics, largely influencing academia and policy making. One may therefore want to know more about the foundations of this school of thoughts and explore the tools and instrumental policies it promotes when addressing the fight against climate crisis.
Kathrine von Graevenitz, Deputy Head of the ZEW research department of Environmental and Resource Economics & Environmental Management , together with Pr. Sonja Peterson, Scientific Director of the Kiel Institute for the World Economy, kindly answered our questions to accompany us in this quest.