From the Bad Idea Hall of Fame — Economics Wing

Insanely, a columnist in the London Sunday Times has actually proposed that we ban compound interest to boost global economic development and (all together now) save the environment. This columnist then promptly has a new one torn for him by Kenneth Anderson (no relation) of the Opinio Juris blog: Without systems of finance, and particularly … Read more

Global Warming: It’s Not So Bad!

So says Popular Science: The melting glacier is the poster boy of global warming, but Nordic countries might be able to use all that extra water flow to boost their hydroelectric industry. “It’s not surprising that the warming effects of climate change can be beneficial for a cold country like Iceland,” says Tómas Jóhannesson, a … Read more