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Blazing remnants of the off shore oil rig Deepwater Horizon, off Louisiana, in 2010. The losses produced by polluting companies should cost as ‘negative’ for a country’s growth. Reuters/US Coast Guard/Files

Why capitalism wins. And how a simple accounting move can defeat it

A new accounting system that goes beyond the capitalist understanding of value is bubbling under and could topple capitalism itself.
Australian business confidence is falling, amid concerning signs from other economic indicators. Dan Peled/AAP

It’s not just a drop in GDP that should worry us

Australia's economic indicators are showing worrying signs, with business confidence falling in the face of continued low interest rates.
The African continent is embracing technology in varying degrees. Swimmers use a selfie stick to take a picture of themselves in shallow waters of the River Nile outside Khartoum, Sudan. REUTERS/Mohamed Nureldin Abdallah

What the science and technology index tells us about development in Africa

Science and technology is seen as a key driver of a nation's economic fortunes. How is the African continent faring a decade after the first major global survey on countries' performance?
The production of indicators, such as the World Economic Forum’s ranking of economies on competitiveness, is a political process. Reuters/Victor Ruiz Garcia

Explainer: how indicators have the power to shape our world

Governance indicators have become essential for policy formation and political decision-making, helping us make sense of the messy social world, manage and govern it.

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