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Articles on Economic development

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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.
A woman walks through a market in Luanda, Angola. People who live in Africa’s cities rely heavily on the informal sector. Reuters/Siphiwe Sibeko

Africa’s cities face unique risks. What can be done to manage them?

Most African cities are expensive, informal and non-industrial. This has produced unique socioeconomic and environmental risks that must be carefully considered in policy development.
University students experiment with human-robot interaction and autonomous manipulation, two elements of manufacturing’s future. Nikolaus Correll

To really help US workers, we should invest in robots

Today, the U.S. is leading the robotics revolution. But without timely investment, China will overtake us, and could permanently put Americans out of work.
Thousands protest against the proposed expansion of a chemical factory in Ningbo, Oct. 28, 2012. AP

As incomes rise in China, so does concern about pollution

China has the world’s second-largest economy, powered by cheap labor and cheap fossil fuel. But now Chinese urbanites want greener, healthier lifestyles. Can the government deliver them?

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