Neoclassical Economics vs Ecological Economics

Neoclassical economics and ecological economics have very different views on how to achieve sustainability. One of the reasons for this is that is that they start with different "preanalytic visions". The fundamental vision of neoclassical economics is the circular flow diagram, while the fundamental vision of ecological economics is the economy embedded within the biosphere. These differences are important, particularly given we have moved from an "empty world" to a "full world", as shown by our transgression of planetary boundaries.

[javierbecerril]

Dear Prof. Dr. Dan O'Neill, thanks for the great video. I am teaching Environment and Economics at Universidad Autonoma de Yucatan. And your videos are quite useful. Kind regards. Javier

[jawadalamin]

Very insightful content. Can you please make a video: environmental economics vs ecological economics

[tayibibrahimabdullahi]

Thank you. I have learned to understand this two notions

[barbhazenveld]

Thanks Dan, great video. I will be using for my students

[ChrisHolly]

great video! you should clearly have more followers. Love the content.

[amberdiaz]

Thank you very much for the concise and informative video.

[tomschuelke]

If only mainstream Economy would anticipate this.. i have seen many talsk from prof.Willam Rees.. so lets se if i find something new or better explained here...

[julianjot]

Great video, very informative! Can you publish your sources?

[peachkookki]

In the end you mention empty world and full world
What is it actually
How can I connect it with ecological economics.