In Jane Jacobs’ “The Nature of Economics,” an interesting relationship between ecology and economics come about. The character Armbruster creates an argument and questions many of the things Hiram has to say. Hiram is an ecologist who helps scientists find grants for studying biomimicry. The goal of studying biomimicry is to create materials and products using methods that are benign, or not fatal or harmful toward nature. This was a great thing that Hiram is involved in, since studying nature and imitating its ways would avoid pollution and the further damage of nature. Hiram mentions how there are economic fundamental development principles which also apply to nature. The third principle, which I understood best, was “development depends on co-development.” Examples seen in nature include how the development of a delta happens. It doesn’t form by itself, but needs water and grit. Even from the start of time, the development of mitochondria, bacteria, and cells all couldn’t have developed just by themselves. Overall, the development does not occur from thin air. Development back then had occurred by people using things from natures for weapons such as sticks, stones, or fire. Today, I believe development should be based on biomimicry and traditional approaches people have used since the beginning of time. It’s best to use what is already available, and develop things using methods that are benign as mentioned in the reading. This would be a sustainable way to producing materials and products rather than just working to reduce waste.
Manfred Max-Neef’s words during his interview were very true. He says that economists study poverty, have all this data, and think they know everything- but they don’t really know poverty. This is a major problem. An analogy he uses to explain this is how people can say they understand love, but they do not truly understand and feel it unless they become a part of it and fall in love. He is completely right when he said people watch from the outside, they are not watching from the inside. I understand what he means because I feel like in my own personal situations, there are many of my friends who don’t understand what I go through because they have never experienced the same problems. In generally, things are truly easier said than done. Max-Neef states we need cultured economists in order to avoid catastrophes. Experience and knowledge are essential for anyone working in any field, because it is best to for people who are able to avoid/fix problems that may arise or are present. Also, he states that greed is dominant today, which is very accurate. Having a greedy mindset blinds things that actually matter in the long-run, and those who are greedy only have goals of profiting. I believe the way people deal with fixing/avoiding problems definitely need to be changed in which greed is eliminated and more knowledge and experience are gained.