The social foundation touches on many concepts that are in general covered in economics courses, like social security, the labour market and income distribution. However, discussing these concepts does not make the social foundation an integral part of the study of economics.
When designing a curriculum, the challenge is to not add too much. The curriculum needs to be feasible. This means we may need to kill some former darlings. Nevertheless, this week I want to make an argument for the market system.
The ecological ceiling covers nine dimensions, which coincide with the planetary boundaries of the Stockholm Resilience Centre. Nine dimensions is a lot of ground to cover. Having said that, I do believe that to appreciate the ecological ceiling, students, and by extension their teachers, need at least a basic understanding of the biogeochemical cycles in particular and the ecosystem of the earth in general.