By Jeremy Rifkin Our industrial civilization is at a crossroads. Oil and the other fossil fuel energies that make up the industrial way of life are sunsetting, and the technologies made from and propelled by these energies are antiquated. The entire industrial infrastructure built off of fossil fuels is aging and in disrepair. The result …
By Adrian Done How much time do you dedicate to thinking about the REALLY BIG issues that are likely to affect your personal and professional life in the next 20 years? You might also like: Decrypting The Aspiring Indian Low-Income Consumer Food and Fuel
By Sheldon Garon Recently the issue of saving has become maybe too exciting. Despite a booming economy, household saving rates sank to near-zero levels by 2005. Three years later, the U.S. economy experienced a housing and financial meltdown from which we
By Marvin M. Smith, Anthony Orlando, and Susan Wachter “If price discovery continues to be unattainable in both the subprime, structured CDO and lower quality markets, and if bridges become non-liquefiable, then what we have is a ‘financing’ dilemma.
By George Magnus From global tourism to manufactured products, and from industrial processes to modern technologies order, the re-convergence of emerging markets and their economic dynamism are re-shaping the world, and they are simultaneously shaking it. You
By Simon D. Norton The credit crunch of 2007-2008 shares many similarities in terms of causes with the Depression Era and wave of bank failures which took place in the United States in the 1920’s. It would appear that legislative responses made by the
By Richard Morrish “Owners of capital will stimulate the working class to buy more and more expensive goods, houses and technology, pushing them to take more and more expensive credits, until debt becomes unbearable. The unpaid debt will lead to the
By Raghuram Rajan Perhaps the single biggest distortion to the free enterprise system is when a number of private institutions are deemed by political and regulatory authorities as too systemic to fail. Resources are trapped in corporate structures that have