How can we live within the means of our planet? Almost all environmental literature grossly underestimates what is needed for our civilisation to become sustainable.
Blessed are the bean counters? New investment in Greece could drive development.
David Dennis
Not too long ago, cynics were wondering if David Cameron’s fears over the global economy were a ploy to shift blame for any flaws in the UK’s performance as we near the May 2015 general election. However…
Heathrow’s refurbished Terminal 2 was unveiled to much fanfare earlier this year. Officially re-opened by the queen, the shiny new terminal even provided the studio for an episode of the BBC’s weekly Question…
When discussing the state of the economy, politicians deploy two key tricks. First, get your excuses in early. Second, take all the credit for any good news but blame others for any bad news. David Cameron…
Don’t confuse happy individuals with happy societies.
Minerva Studio
Many readers of this piece will be aware that economists are rethinking the role of happiness and GDP. They question facile assumptions about economic growth alone being good for us. What’s the good of…
The Earth is finite - so are there limits to growth?
NASA's Marshall Space Flight Center/Flickr
“But who do you think’s right, Prof? The optimists or the pessimists?” At the end of my sustainability economics course in 2007, students were challenging me to end 20 years of professional fence-sitting…
Since 1990, GDP per person in China has doubled and then redoubled. With average incomes multiplying fourfold in little more than two decades, one might expect many of the Chinese people to be dancing…
Janet Yellen will make waves next year.
International Monetary Fund
As the US economy emerges from recession, the prospect of the US Federal Reserve raising interest rates grabs the attention of the financial markets more and more. US rates have been close to zero for…
Draghi and Merkel, in happier times.
Hannibal Hanschke/EPA
We are in a new phase of the post-crisis world. Growth is disappointing with Italy in recession, France close to it, and even Germany lagging. It is a useful reminder that recovery in a debt-overhang economy…
Even Angela Merkel now seems to agree that austerity has run its course. When Italy’s prime minister, Matteo Renzi, together with other European leaders, led a fresh charge against the ill-fated policy…