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Successful Revolutions?
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The Evolution of Elitism
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Bank of England finds going green is no easy task
Including climate change in the central bank s remit alongside inflation and economic growth could prove to be very difficult
The trouble with doing a good job is that your to-do list just keeps getting longer.
Once upon a time the Bank of England simply had to set interest rates to keep inflation steady. Then came the financial crisis, and it was relied upon to dig the economy out of a gigantic hole.
After that, it took responsibility for repairing the financial system and avoiding future crises. Now it is being asked to save the planet, too.
Scotland’s Future: Denmark or Theme Park?
‘When Scotland Rises’ is a super-sweary 53 minutes taking apart the British economy and looking forward to a Scottish democracy.
McWilliams: “The first casualty of Brexit will be Britain. Scotland is on its own path for the first time since 1707. When Scotland becomes independent, it will trigger enormous economic and political changes up here in the North West Atlantic. Mark Blyth, Professor at Brown University helps us to tease out the economics of Scottish Independence and what’s ahead for Scotland, Ireland and England.”
It’s well worth a listen (ICYMI) if you want to educate yourself on economics and hear insights from outside the bubble. The refreshing thing is how clear and confident two relative outsiders are about the case for a small European democracy to be economically viable based on the idea of responsibility and sovereignty.
They depict the US economy today as split down the middle: on the one side, high carbon activities, and on the other, activities ready for a post-carbon future.
The former includes export agriculture, carbon extraction, refinement and production and steel. In the latter are industries like pharmaceuticals, the media, Big Tech and financial services, where data and creativity are key. Even where the latter are energy intensive, there is no need for this energy to come from fossil fuels.
The high carbon economy (or at least the people in it or dependent on it) are more likely to vote Republican, and the post-carbon economy is more likely to vote Democrat.
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