Does economics keep us in the dark?

October 2005

If economics causes an item to be inaccurately priced, it hides the surrounding implications of its production in darkness and misleads us as to its true worth. This article discusses this issue in more depth, asks why it is happening, explains why this matters, and suggests what could be done about it.

We end with ten provocations including:

A Ministry of Light? Now is the time for a review of externalities and what they are costing this country and future generations. As the nation’s financial custodian, who is better placed to do this than the Treasury?

For more information, please contact business@fourmforthefuture.org.uk

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