Category «Economy»

The UK Government’s Proposal to Use AI for Economic Growth: Challenges and Realities

The UK government has recently proposed to harness artificial intelligence (AI) as a key driver for economic growth. This ambition aligns with global trends, where nations view AI as a transformative tool capable of revolutionizing industries, improving efficiency, and unlocking new markets. However, the proposal raises critical questions about energy consumption, employment impacts, and the …

Twilight of the Old Continent  The “European Garden” is withering

by Artem Kirpichenokby Copied from Caliber.Az26 December 2024 15:05 “We have built a garden. Everything works. It is the best combination of political freedom, economic prosperity and social cohesion that the humankind has been able to build,” proclaimed Josep Borrell, the then EU High Representative for Foreign Affairs, in October 2022. His remark drew widespread …

The Economy as a Living System: Integrating James Lovelock’s Vision with Natural Economic Evolution

Introduction James Lovelock’s Gaia hypothesis transformed the understanding of Earth as a self-regulating, living system where the interplay of life forms and physical components work together to maintain conditions that support life. This profound perspective has implications beyond ecology, extending to how we conceptualise economies. As ecosystems evolve independently and sustain themselves through natural feedback …

The Future of the Discretionary Economy 

Further to my post on How Things Are this post on Tim Watkins’s blog “The Consciousness of Sheep” explains why discretionary doings are declining. … hospitality sector trade bodies are calling for nothing short of root and branch reform of the taxes and costs levied on them.  In particular, the outdated business rates system – …

The Future of the Discretionary Economy  

The latest post on Tim Watkins excellent  blog The Consciousness of Sheep is very relevant at the present time. … hospitality sector trade bodies are calling for nothing short of root and branch reform of the taxes and costs levied on them.  In particular, the outdated business rates system – which taxes businesses on the …

Bringing Hardy’s “The Woodlanders” into a World of Declining Fossil Fuels and Renewable Energy

I asked ChatGPT to update Thomas Hardy’s view of woodland life. This could be seen as the imagination of a stage in the transition into the post-grown future—or maybe where it ends. In Thomas Hardy’s The Woodlanders (1887), the rural landscape of Little Hintock is a world bound by nature and the rhythms of agricultural …

The Path to Happiness

Focusing on Quality Over Quantity Will Change Our Lives In today’s world, it often feels like we’re all running a never-ending race.  We’re told to work harder, earn more money, buy more stuff, and always be on the lookout for the next big thing.  This is what most of us know as “materialism”—the idea that …

The liberal international order is slowly coming apart. Its collapse could be sudden and irreversible…

“The liberal international order is slowly coming apart. Its collapse could be sudden and irreversible… “For years the order that has governed the global economy since the second world war has been eroded. Today it is close to collapse. A worrying number of triggers could set off a descent into anarchy…” https://www.economist.com/leaders/2024/05/09/the-liberal-international-order-is-slowly-coming-apart

23rd February 2024 Today’s Round-Up of Economic News

23rd February 2024 Today’s Round-Up of Economic News by Kali | Feb 23, 2024 World Bank: Emerging economies must grow ‘much faster’ to repay debt The World Bank warned that high borrowing costs have “changed dramatically” the need for developing nations to boost sluggish economic growth. The multilateral lender’s latest warning comes as international bond …

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