Technology

Created
Thu, 10/08/2023 - 22:50
by Gary Gardner

One of the more puzzling features of modern life is the starkly contrasting visions of humanity’s near-term future. Watch thirty minutes of commercial-filled TV and you get a cheery sense that all is well in the world. A BMW, an anti-depressant, or a Caribbean vacation—these will ensure ever greater happiness.

At the same time, a 2021 poll in ten countries found that four in ten young people are hesitant to have children because of the climate crisis.

The post Which Future? appeared first on Center for the Advancement of the Steady State Economy.

Created
Thu, 20/07/2023 - 04:54
The ground has been shifting under the feet of the world’s central bankers, including our own Dr Philip Lowe, the outgoing chief of the Reserve Bank. This has weakened the power of higher interest rates to get inflation down. Like all economists, central bankers believe their theory – their ‘‘model’’ – gives them great understanding Continue reading »