Why has climate economics failed us?

(…) a Nobel-winning climate economics model recommends that the economic cost of doing anything more than we’re already doing to stop climate change is too high.

That’s obviously bananapants (…)

Relevant: After the Pandemic, We Can’t Go Back to Sleep.

Why don’t we stop treating it as entirely normal that the more obviously one’s work benefits others, the less one is likely to be paid for it; or insisting that financial markets are the best way to direct long-term investment even as they are propelling us to destroy most life on Earth?