economics

An Award For Revealing Connections Between Human And Environmental Well-Being

- Adam Clare

Sir Partha S. Dasgupta has been awarded the Tyler Prize for Environmental Achievement thanks to his works in economics. He has drawn multiple connections between human and environmental well being in regards to economic factors. It’s obvious to many people that there are direct connections between all three, now there is academic rational and research backing up why they are connected.

He is recognized for developing economic theory and tools to measure the relationships between human and environmental well-being, poverty, population, economic growth and the state of natural resources. Dasgupta is the Frank Ramsey Professor Emeritus of Economics at the University of Cambridge.

“Sir Partha Dasgupta’s contributions to economics have driven fundamental and ongoing changes in the international conversation about sustainable and just development, and use of natural resources,” said Tyler Prize Executive Committee Chair Julia Marton-Lefèvre, the Edward P. Bass Distinguished Visiting Environmental Scholar at Yale University.

“From co-chairing the committee that advised Pope Francis on the scientific basis of climate change to helping shape the Sustainable Development Goals, Sir Partha’s work has ensured that we keep in mind both people and the way we use our natural resources to benefit present and future generations,” added Marton-Lefèvre.

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Kickstarter CEO Wants You to Have a New Job

- Adam Clare

Yancey Strickler is the CEO and cofounder of Kickstarter he sees the future of work and the economy different than most CEOs. Strickler sees a future with people working jobs that actually matter for causes that make the world a better a place. Instead of profit over people, we can have people who all profit.

He suggests many alternatives to the bland, “normal”, work life of 9-5 in a depressing office. You can work for a co-op, a charity, a benefit corporation, or do your own thing!

This is a talk about what happens when a culture is driven by the need for money to make more money.

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Don’t sell out your values, don’t sell out your community, don’t sell out the long term for the short term. Do something because you believe it’s wonderful and beneficial, not to get rich.

And — very important — if you plan to do something on an ongoing basis, ensure its sustainability. This means your work must support your operations and you don’t try to grow beyond that without careful planning. If you do those things you can easily maintain your independence.

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Using Comics to Explain Complex Economics

- Adam Clare 1 Comment

Economix Comics

Economix Comix is a series of comics that looks at, you guessed it, economics. Using comics is a great way to translate really complex economic ideas into something which is more relatable and understandable. Late last year the artist (and brain) behind the series of comics released a look at the Trans Pacific Partnership (TPP).

Above is one of the pages from the comic looking at the chaos of a deal the TPP really is. It’s worth a full read if you’re new to learning about the TPP and you can read it all for free here.

Economix Comix stays current too! Here’s a brief look at the Greece situation in the Euro zone.

Rethinking Environmental Education Under Neoliberalism

- Adam Clare

Neoliberalism is the current way of thinking about the economic state of the world. It’s the thinking that has led to the financialization of nearly everything in the world – think about how we justify our thinking in economic terms and not other terms.

The critiques of the mind-numbing neoliberal approach to thinking are growing and the most recent issue Environmental Education Research examines how neoliberalism is changing how we teach. This is good because we need to move our way of thinking beyond an economics-only framework, the more we critique neoliberalism the better the world we can create.

“Environmental education is political,” said Hursh. “People do not fully comprehend the meaning of neoliberalism, but often overuse it to blame or explain current environmental conditions and issues. We need to talk about the nature of environmental education within the context of the dominant economic and political system of neoliberalism.”

The 13 articles in the new special issue of Environmental Education Research challenge readers to consider the many ways that environmental education has been shaped by and interacts with the logic of neoliberalism.

Hursh focuses his research and writing on educational policy, neoliberalism, and teaching environmental sustainability and social studies, as well as public dimensions of environmental education, with a particular emphasis on how it applies to the energy system and climate change dynamics. In his most recent writing, Hursh describes how neoliberalism undermines education and democracy. His next book, The End of Public Schools: The Corporate Reform Agenda to Privatize Education, is scheduled to release summer 2015 by Routledge

Read Environmental Education Research.

Read the press release.

Investors: Good Economics is Taking Action on Climate Change

- Adam Clare

It’s no secret that carbon trade, carbon caps, and various other policy tools improve economies and diminish negative environmental impacts caused by economic activity. Yet, the myth that having a sustainable economy isn’t possible with a growing economy.

Environmentalists have been arguing for better policy and enforcement for decades, and now global investors are also arguing for the same thing. Hopefully with this announcement and others from the recent UN Summit on Climate Change we will see good movement on improving our economy and planet.

“The international investor community has today made it clear that the status quo on climate policy is not acceptable,” said Stephanie Pfeifer, chief executive of the European Institutional Investors Group on Climate Change. “Investors are taking action on climate change, from direct investment in renewables to company engagement and reducing exposure to carbon risk.”

“But to invest in low carbon energy at the scale we need requires stronger policies.”

The world’s total renewable energy capacity grew at its fastest pace ever in 2013, but global investment in renewable energy still only amounted to $254 billion in 2013. The International Energy Agency (IEA) has estimated that global investment in renewables much reach $1 trillion every year from now until 2050 if the global temperatures are to be kept from rising more than 2°C — the threshold beyond which scientists think climate change will get truly catastrophic. But the IEA anticipates global investment will instead plateau around $230 billion annually through 2020. Bloomberg New Energy Finance thinks two-thirds of the $7.7 trillion the world will likely invest in power plants between now and 2030 could go to renewables — but that still falls well short of the mark.

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