Economist Herman Daly characterizes neo-classical economic theory as being analogous to a biologist trying to understand the functioning of an animal by considering only its circulatory system and ignoring its digestive system which connects the animal “firmly to the environment at both ends!” How is this analogous to neo-classical economic theory? What kind of environmental problems does this kind of neo-classical economic thinking lead to? Explain and provide examples. Must be minimum 400 words with at least 1 reference
What would be accomplished if governments passed laws requiring manufacturers to take back and reuse or recycle all packaging waste, appliances, electronic equipment, and motor vehicles at the end of their useful lives? Would you support such a law? Explain why or why not.