Economics

Economic Fundamentalism: Staying the Course in Defiance of Common Sense

In a recent meeting which went largely unnoticed by most of the world’sΒ  media, Australia’s new Prime Minister, Tony Abbott, landed in Ottawa and held talks with Stephen Harper, the Canadian Prime Minister. These two leaders are both ideologically driven conservatives, in the mold of George W Bush, and both are going all out in

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Should We Put a Price on Nature to Save it?

The first World Forum on Natural Capital was held in Edinburgh, Scotland last November. This comes at a time when there is increasing interest in the idea that we need to place a value on the services that nature provides us with for free if we are to prevent further environmental degradation. The conference attracted

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This Tax Day, the New IRS Wants to Know Where Your Tax Dollars Should Go

Tax day always brings a bittersweet feeling, as we might feel the pinch in our wallet, and wish we could use that money for something else, yet we know that in order to build and maintain the infrastructure and services that support the overall functioning of our country, paying taxes is a necessary part of

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Time for a New Politics of Sustainability

The major defining feature of politics in our current day and age is the division between the political left and right, with the political spectrum popularly being perceived as a progression from communism on the extreme left, through socialism, liberalism, and conservatism, to fascism on the extreme right. The terms left and right are believed

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The Power to Change the Economy from Within

When we look at how our market economy affects the environment, it appears that all common sense goes out the window. According to the prevailing economic wisdom, it makes perfect sense for us to clear vast swathes of tropical rainforest to make way for oil palm plantations and soya beans, to pursue the last few

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Short Termism and the Human Brain: How We Tune Out the Long-Term Consequences of Our Actions

Sometime between fifty and one hundred thousand years ago, the ancestors of modern-day homo sapiens are believed to have left their African homeland and begun their relentless expansion across the world. Within a comparatively short time period, early humans had extended their influence to every continent. Life is believed to have existed on this planet

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