On Friday, November 6th, I attended a talk called Supply Shock: Ecological Limits to Ecological Growth. The speaker, Brian Czech, co-director of the Center for Advancement of a Steady State Economy, was very intelligent in his field of study. At this event, he mainly spoke of economic growth, the importance of water for agriculture, and referred to neoclassical economics.
Czech stressed how important water is to the world, especially to the economy. Water impacts everything on earth, and without water, neither small businesses nor major global industries could function. Czech also said how economic growth is the increase in production and consumption of goods and services. Some famous economists who were mentioned in this talk included John Stewart Mills and Henry George. After Henry George wrote the famous book Progress and Poverty, a movement called the Single-Tax movement formed. Henry George is considered to be the first neoclassical economist.