“Sleeker. Faster. More Intuitive” (The New York Times); “Welcome to a world where speed is everything” (Verizon FiOS); “Speed is God, and time is the devil” (chief of Hitachi’s portable-computer division). In “real” time, life speeds up until time itself seems to disappear—fast is never fast enough, everything has to be done now, instantly. To […]
Technology and Its Discontents
Tucked within the pages of the January issue of the Agriview, a monthly farm publication published by the State of Vermont, was a short survey from the Department of Public Service (DPS). Described as an aid to the Department in drafting their “Ten Year Telecom Plan”, the survey contains eight questions, the first seven of […]
Livin’ the Screen Life: #productsmakemehappy
Important official legal disclaimer: This is a short work of fiction. Any resemblances to real people, people you may know, people you think you may know, etc., is entirely deliberate. When I’m at work I’m staring at a screen. When I’m not at work I’m staring at screens. Checking social media. Scrolling through updates. Scrolling […]
In Defense of Degrowth
The economist Branko Milanovic recently wrote a blog post titled “The illusion of degrowth in a poor and unequal world.” He penned it, he says, following a conversation he had with a proponent of degrowth. As it turns out, that proponent was me. First, let me say that I have a lot of respect for […]
Averting the apocalypse: lessons from Costa Rica
Earlier this summer, a paper published in the journal Nature captured headlines with a rather bleak forecast. Our chances of keeping global warming below the 2C danger threshold are very, very small: only about 5%. The reason, according to the paper’s authors, is that the cuts we’re making to greenhouse gas emissions are being cancelled […]
The Problem with Techno-Optimism
Today there are high hopes for technological progress. Techno-optimists expect massive benefits for humankind from the invention of new technologies. Peter Diamandis is the founder of the X-prize foundation, whose purpose is to arrange competitions for breakthrough inventions. His aim is “a world of nine billion people with clean water, nutritious food, affordable housing, personalized […]
Will the Poor Always Be With Us?
It’s a familiar story. On his final journey toward Jerusalem, Jesus stops in Bethany to eat at the home of Simon, a leper. A woman enters with an alabaster jar of expensive ointment; she breaks the jar and pours the ointment on his head. Her gesture invokes the fury of some of those present. The […]
An Economy of Meaning – or Bust
It’s not often that a scientist gets to use the words love, creativity, and wisdom in a paper, especially when writing about economics. Perhaps that’s because economics, the dismal science, is obsessed with dismal systems – make that abysmal systems, relative to need. To be clear, I’m not speaking of the specific policies of the […]
Clean energy won’t save us – only a new economic system can
Earlier this year media outlets around the world announced that February had broken global temperature records by a shocking amount. March broke all the records too. In June, our screens were covered with surreal images of flooding in Paris, the Seine bursting its banks and flowing into the streets. In London, floods sent water pouring […]
Adivasi Economics and Re-awakening the Indigenous Mind
When the East India Company set up in India, the commodities they originally traded included hundreds of unique artifacts made in India, including textiles whose quality has never been surpassed. As the EIC set up a subsidiary called the Government of India for collecting revenue to send back to London, the aim gradually shifted to […]