Tag: Economic Policy

Climate Change

The Lesser Dystopia

(This is part 3 in the No Time for Utopia series.) In On the Fragility of Civilization, I argued that due to the slowly compounding effects of an increasing number of relatively localized β€œnatural” disasters caused (directly or indirectly) by climate change, a vicious circle of failing disaster management, economic decline, civil unrest, and hunger will trigger a cascade of collapsing societies, eventually leading to global societal collapse in roughly 25 to 30 years from now (give or take a half decade). The world during and after collapse will be very different from what most of us have ever experienced,...
Economics

Greece, Europe, and the Hegemony of Psychopathy

Question: Why can’t Greece repay its debts? Answer: Because its economy is in shambles. Question: Why is its economy so bad? Answer: Because the EU destroyed it. That’s the short answer. It’s not the answer you’ll read in most newspapers or hear on the TV – those will tell you that it’s all the Greeks’ own fault. Their incompetent politicians and low productivity are too blame, they’ll tell you, or something similar. While it is undoubtedly true that Greece – like most other countries, by the way – has had its share of incompetent politicians, the story the mainstream press...