It’s difficult to express how important and worthwhile analysis this is. Chris Tolles points us to what I have to say is an absolute must read piece by Jim Manzi (who I haven’t a... Read more
Economists have shed light on the vexed question of whether economic development can buy happiness – and it seems that life satisfaction actually dips among people living in the wealthiest c... Read more
Not only do richer people consume more, they also consume differently. We simply can’t solve the fundamental issues of the global economy without rethinking the entire underpinnings o... Read more
Will the future be filled with cool technologies and endless opportunities or will our own creations lead to eventual doom? I tend to think the former. Technology has seemingly endless abili... Read more
The key to climate change control lies in improved technology. We need to find new ways to produce and use energy, meet our food needs, transport, coal, nitrogen-based fertiliser, and other... Read more
THE global signs of a recovery in economic confidence seem puzzling. Read more
Image via Wikipedia By PAUL KRUGMAN Recessions are common; depressions are rare. As far as I can tell, there were only two eras in economic history that were widely described as “depressions... Read more
Do physicists have better tools than economists or financial experts for predicting economic crises? Mainstream economists largely failed to forecast the sub-prime mortgage bubble, the ensui... Read more