Archive for the ‘Economics’ Category

It sounds so crazy.  With growing climate change, planet earth as we know it is on the brink of a radical transformation that could endanger the very survival of the human race, if not at best require the most painful and radical adjustments for us all.

Why then would any rational human being want to stand in the way of finding solutions to prevent an epic catastrophe?

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Something serious is going on when rice is rationed by the largest retailer in the world in the wealthiest country in the history of the world.

My team member Phil caught this story about it!

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Credit Intoxication

Published under Economics, Latin America, United States Jan 14, 2008

My friend Martin Varsavsky wrote an insightful note on the dangers of credit abuse, on America’s over-reliance on credit to shore up the global economy, and the lessons that we can draw from Argentina’s experience.

For years I have been anxious about the excesses of consumerism in America, for both their economic and social implications.  Credit abuse has created phantom prosperity which is now just beginning to catch up with us.

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