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Does Economics Violate the Laws of Physics?
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The financial crisis and subsequent global recession have led to much soul-searching among economists, the vast majority of whom never saw it coming. But were their assumptions and models wrong only because of minor errors or because today’s dominant economic thinking violates the laws of physics?
A small but growing group of academics believe [...]
Downturn is ‘climate opportunity’
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The global recession provides a window of opportunity to curb climate change and build a low-carbon future, says the International Energy Agency (IEA).
It calculates that global greenhouse gas emissions will fall by 3% this year – an increase on previous estimates.
If governments take this opportunity to invest in clean technology, the global temperature [...]
A Scrap of Decency
The world’s 15 million informal recyclers clean up cities, prevent some trash from ending in landfills, and even reduce climate change by saving energy on waste disposal techniques like incineration.
Whatever happened to the food crisis?
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It crept back
MULUALEM TEGEGN bought a donkey last year. As a hard-working Ethiopian farmer, aged 58, he saw the purchase of the beast as a return to better times after several seasons in which drought and high prices had forced him to sell his livestock and take his grandchildren out of school to [...]
Global heroes
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Despite the downturn, entrepreneurs are enjoying a renaissance the world over, says Adrian Wooldridge
IN DECEMBER last year, three weeks after the terrorist attacks in Mumbai and in the midst of the worst global recession since the 1930s, 1,700 bright-eyed Indians gathered in a hotel in Bangalore for a conference on entrepreneurship. They mobbed [...]











































