“No army can stop an idea whose time has come” — Victor Hugo
Hugo was referring to the French Revolution, but his quote also nails the unstoppable logic of carbon pricing. Recently, the Supreme Court of Canada wrote, “Climate change … Read the rest
“Nature would prefer not to sell herself, but if forced to it by growth, would at least like to divide equally among her children the revenue from the forced sale of her previous gifts.” — Herman Daly
Life’s not fair, … Read the rest
Macroeconomics has remained substantially unchanged since 1971 when gold and the dollar were uncoupled. Whether this pivotal change in the early 1970s was the end of economic sanity or the beginning of a great era of prosperity is a matter … Read the rest
A universal basic income (UBI) is an idea whose time has definitely come, especially considering the devastating COVID-19 related business and job disruptions.
As well as covering basic costs for the duration of the pandemic, a UBI can and will … Read the rest
Major internet-based platforms like Facebook, Amazon, Apple, Netflix, and Google (FAANG) command monopolies allowing them to charge well beyond their costs. (The House Antitrust Subcommittee determined in October 2020 that Facebook wields monopoly powers in social network and has maintained its position by acquiring, … Read the rest
By Frank de Jong
“You never change things by fighting the existing reality. To change something, build a new model that makes the existing model obsolete.”
~ R. Buckminster Fuller
Cryptocurrencies, like Bitcoin, are a form of anonymous, electronic currency … Read the rest
by Frank de Jong
Carbon levies are fraught with variables, a whack-a-mole game of cascading effects. But interestingly, I think they will reduce both housing costs and C02 emissions.
If fossil energy was purely a house-like asset, i.e., the price … Read the rest
By Frank de Jong
The many organizations around the world that work to popularize the work of nineteenth-century American economist Henry George have three goals: a just society, a green society, and a prosperous society. Collectively, these organizations constitute an … Read the rest
