What Are The Four Economies?

“Ecological harmony is a nonmarket value that takes a collective will to achieve.”

– Donald Worster — Wealth of Nature: Environmental History and the Ecological Imagination

Economics 101 teaches that there are four basic types of economic systems: the Traditional Economic System, the Command Economic System, the (Free) Market Economic System, and the Mixed Economic System. While it’s important to look at each one to see how humans have developed the civilization we’re dealing with, beyond the systems we’ve created, there are three types of economies that…