TAG: Economic growth

Talk It. Live It. Love It…Please

Is this sustainable Development??

Enough of the talk already. Isn’t it time to do something? Or maybe it’s time to rethink what we say so we can talk differently about what we need to do. Jeez…more talk, is that what this is about? Or maybe it’s about the right talk, meaningful talk, the kind of talk that actually leads to change? For more than thirty years our international leaders have been talking their way into supposedly global agreements on the need for action. Across the world, various models of sustainable development have been proposed as the panacea to our ills. Some twenty-five years ago,… read more

A History Of Wealth

History of Wealth

Some say it all started with the industrial revolution. Others lay blame directly at the feet of a certain forefather of modern economics, the Scottish moral philosopher and economist Adam Smith. With the publication in 1776 of his book, An Inquiry into the Nature and Causes of the Wealth of Nations, it’s quite possible that Smith set in motion the modern way of thinking about wealth. At the time Smith’s seminal economic philosophy was published, the world (in particular, Britain and Europe) was in a state of turmoil. Change was everywhere. Once the denizens of absolute power, the Church and aristocracy… read more

Is This As Good As It Gets?

As Good As It Gets?

The era of the industrial economy is destined to meet its end. Paul Ekins highlights in Wealth Beyond Measure (1992), the nature and cause of modern economic development will be the system’s own undoing. It may indeed be doomed to collapse. Some writers argue that few people would benefit from such a collapse; while others counter-argue that the collapse of the modern economy is necessary for the benefit of all. But if our current economic framework is the cause for our environmental and social ills, then is it not worth asking what alternatives might exist?How might we envision a new… read more

Green Engineering

Development in Africa

Swaziland like most African states is a developing economy with ambitions of attaining first world country status in the future. These ambitions are pursued in numerous ways, one of which is the improvement of infrastructure in the country. The improvement of infrastructure includes numerous construction and excavation projects throughout the country. Currently, the iron ore deposits are being mined, a new international airport is under construction, new tarred roads are being built, electricity is being made accessible to remote areas, and water pipes are being installed to ensure that rural communities also have access to water. All these projects are meant to increase the economic standing of the… read more

Emissions Track The Economy

Emissions Track Economy

According to a recent study released by the International Energy Agency (IEA), CO2 emissions in the United States have experienced the greatest fall since 2006. The study was conducted in a global perspective, comparing developed nations and regions to each other, including the United States, China, Russia, India, and the EU as primary sources. Global fossil fuel emissions increased on the whole, but U.S. emissions managed to drop by 1.7%. This is attributed to an ongoing switch from coal to natural gas, combined with a mild winter which caused less energy demand for heating. Further, there has been a drop… read more