Economic models
In this difference, the value is based on supply and demand for one, and the cost of production for the other.
What is the difference between classical and neoclassical economics?
This president set aside more Federal land for national parks and nature preserves than all of his predecessors combined
Who is Theodore Roosevelt?
Economic mechanisms Germany's government has enacted to promote clean energy
What is energy tax reform and feed-in tariff policies?
A challenge with enforcing environmental policy is that fines are usually too _____ (Hint: High or Low)
What is low?
economy of stable or mildly fluctuating size and does not exceed ecological limits
What is steady state economy?
Classical economist would oppose these policies.
What are government regulations, tariffs, and piguovian taxes?
Prominent transcendentalists of the late 19th and early 20th century
Who are John Muir & Henry David Thoreau
In Germany the government provides free education, universal healthcare, and job protection which increases a certain kind of capital
What is human/social capital?
Two brothers well known for their republican campaign contributions, which end up benefiting themselves
Who are the Koch Brothers?
The four goals of macroeconomics
What is low inflation, economic growth, low trade deficit, and low unemployment?
The economic thought that allows for the most policies protecting the environment.
What is keynesian economics?
This generational book sparked public awareness on pesticide poisoning
What is Silent Spring
The difference between the use of subsidies in the US and Germany
What is in Germany, subsidies bribe initial green energy investors with subsidies but have they a destruction mechanism.
In US, companies like the oil industry become dependent on them.
The opening scene to the film The Inside Job took place here.
Where is Iceland?
Free market economist that thinks corporations should only serve shareholders and that government intervention is bad for liberty
Milton Freedman
In neoclassical economics profit and growth take precedent over these.
What is equity and social cost?
This early 20th century environmental movement concerns itself with resource sustainability and efficiency
What is Conservation movement
The term that explains the case study of how in NC the government passed laws against regulation of the hog industry, such as taking away local zoning rights and increasing subsidies to the hog industry
What is agency capture?
The ratio of the bank's borrowed money to the banks real money
What is Leverage?
type of economics that says humans don't act rationally and their decisions in the market can be based off of emotion, culture, etc.
What is behavioral economics?
Germany's policy of subsidizing the clean energy movement is would be counter productive to this economic model.
What is classical economics?
Earth Day was established on this date
What is April 22, 1970
This is grounded in manufacturing and its increasing returns due to falling costs due to scaling up and exporting.
What is a capitalist green growth economy?
The highest level of investment bond rating?
AAA
why people favor the fantasy of neoclassical economics
What is protective cognition (dismissing science that poses a threat to our worldview or beliefs)?