by Phoebe Bright. I recently had the privilege and pleasure of accepting a Lifetime Achievement award on behalf of Mary Douthwaite for her husband Richard, who passed away last year. Richard was a good friend and having the opportunity to talk about him and remember his energy and enthusiasm for life, economics and everything was a real treat.
This paper by Anne Ryan examines the role of basic income in constructing a dynamic, diverse and democratic social economy. ‘Basic income’ means a regular, sufficient and unconditional income, administered by the state and issued to every member of society. Ryan places basic income in the context of a wider framework of important reforms and believes that it could be implemented during the current crisis in Ireland.
There is interesting commentary and many good links, on fracking in the latest ODAC newsleter. Claims that fracking could slash energy prices in the UK don’t stand up to close scrutiny.
The Intergovernmental Panel on Climate Change is often accused of being alarmist but the journal Global Environmental Change has just published a study demonstrating that in fact the IPCC has consistently underestimated the damage caused by climate change. See the Daily Climate blog for more details.
Anandi Sharan writes that "the post-Milton Friedman era is not throwing up new answers easily for thinking people across the world and the same is the case in India. Pollution, unemployment and poverty in India as in all other countries are receiving only the most shoddy consideration at policy level." So what is to be done? Sharan and her colleagues are considering taking legal action against the Indian government to force it to cut greenhouse gas emissions, along the same lines as those described by John Jopling in his post last week.
A talk by David Korowicz to be given at The Baltic Centre for Contemporary Art, Newcastle/ Gateshead, UK on Fri 21 Dec 2012 at 13:30 as part of The Festival of the Apocalypse developed by artists Walker & Bromwich.