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Kenneth Rogoff Shares TIAA-CREF Samuelson Award


News
1.4.11
The TIAA-CREF Institute has presented its 2010 Samuelson Award for Outstanding Scholarly Writing on Lifelong Financial Security to Cabot professor of public policy and professor of economics Kenneth S. Rogoff and Carmen M. Reinhart, Weatherstone Senior Fellow at the Peterson Institute for International Economics, coauthors of the best-selling book
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The award honors the late Nobel Prize laureate Paul A. Samuelson, Ph.D. ’41, LL.D. ’72, for his achievements in the field of economics and his service as a CREF trustee from 1974 to 1985. The Samuelson Award is given annually in recognition of an outstanding research publication containing ideas that the public and private sectors can use to maintain and improve America’s lifelong financial well-being. A $10,000 prize will be shared by the winners. ....

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Collapse: What, Why, When, And How


Collapse is a frightening subject. The question of
why collapse occurs is something I have pieced together over many years of study from a number of different sources, which I will attempt to explain in this post.
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Collapse doesn’t happen instantaneously; it happens many years after an economy first begins outgrowing its resource base. In fact, the resource base likely declines at the same time from multiple causes, such as soil erosion, deforestation and oil depletion. Before collapse occurs, there seem to be warning signs, including: ....

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